 | | | | Even for a veteran meme stock trader like Mike Minutelli, Revlon Inc is a wild bet. | | | | | | Russia defaulted on its international bonds for the first time in more than a century, the White House said, as sweeping sanctions have effectively cut the country off from the global financial system, rendering its assets untouchable. | | | | | | Switzerland's Federal Criminal Court convicted Credit Suisse and a former employee of failing to prevent money-laundering in Switzerland's first criminal trial of one of its major banks. | | | | | | Biotech investors nursing losses from stock price falls are now focusing on firms which are closer to getting their drugs to market, rather than those at the early stages of development. | | | | | | The Group of Seven rich democracies will commit on Tuesday to a new package of coordinated actions meant to raise pressure on Russia over its war in Ukraine, and will finalise plans for a price cap on Russian oil, a senior U.S. official said on Monday. | | | | | | Russia's government announced plans on Monday to invest 770 billion roubles ($14.5 billion) in the country's aviation industry by the end of this decade to boost the share of domestically-manufactured aircraft. | | | | | | U.S. stock index futures edged higher on Monday, setting up Wall Street to extend gains from the previous week after a slide in commodity prices eased worries of prolonged inflation. | | | | | | McDonald's Corp on Monday named company veteran and president of its international business, Ian Boren, as finance chief, succeeding incumbent Kevin Ozan, who will retire from the burger chain in mid-2023. | | | | | | Airlines canceled nearly 700 flights in the United States early Monday, as they struggled to keep up with a surge in summer travel demand due to a shortage of staff ranging from pilots to crew members. | | | | | | Prices for spot crude in much of the world are rising on strong demand and a supply crunch, but in the oil futures market, worries of a recession have kept a lid on values. | | | | | |
