VIENNA (Reuters) – The U.S. Financial Industry Regulatory Authority (FINRA) and major exchanges have fined Credit Suisse’s <CSGN.S> U.S.-based securities business $6.5 million for supervisory failings, FINRA said late on Monday. FINRA, the securities industry self-regulator, and the exchanges found that Credit Suisse Securities (USA) LLC did not establish a supervisory system reasonably designed to […]
BEIJING (Reuters) – China expects the country’s vehicle sales to remain at around 25 million units in 2020, and could be flat or decline, Industry Minister Miao Wei said on Monday. Miao made the comments in a news conference in Beijing. He also said that the ministry is studying postponing the reduction of subsidies for […]
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus outbreak batters the economy and throws millions of Americans out of work. The Commerce Department said on Thursday new home sales fell 15.4% […]
