Aug 4 Holders of at least 20 percent of Puerto Rico's Public Finance Corp bonds, on which the U.S. commonwealth defaulted on Monday, would need to consent to suing Puerto Rico in order for the bondholders' trustee to file a lawsuit on their behalf, a ...
IT services provider Cognizant Technology Solutions Corp reported quarterly revenue and profit above analysts' expectations, helped by higher spending by clients in North America, especially in the healthcare and financial sectors.
LONDON - The British bank Standard Chartered said on Wednesday that its profit declined 37 percent in the first half of the year, as the lender reshapes its business under the leadership of William T. Winters, its new chief executive.
The father of the banker jailed for 14 years for fixing the Libor rate has claimed his son is a 'scapegoat'. Tom Hayes became the first man jailed over the banking scandal this week after he was found guilty of conspiring to fix rates for profit.