Oil Holds Modest Loss as Risk-Off Tone Counters Lower Stockpiles
Oil held a modest decline, with a risk-off tone in broader markets countering a drawdown in US stockpiles.
Oil held a modest decline, with a risk-off tone in broader markets countering a drawdown in US stockpiles.
Atos SE said it is seeking more cash to finance its business and might need to further reduce its debt, as the embattled French IT company delayed a deadline it set for proposals from its creditors and banks to finance a rescue plan.
Sanofi posted first-quarter revenue that exceeded estimates as strong demand for its new hemophilia medicine helped make up for some unfavorable currency movements.
The Swiss National Bank returned to a quarterly profit because of the weakness of the franc, potentially helping officials to rebuild the central bank’s depleted capital base.
Morgan Stanley is shaking up its private equity division in Asia following the retirement of veteran employees Chin Chou and Andrew Hawkyard, according to a memo.
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