Tag: currency markets

Spanish phone giant Telefónica to pay $85M to resolve US probe of Venezuelan bribery scheme

WASHINGTON -- Spain's largest telecommunications operator will pay more than $85 million to resolve a U.S. Justice Department investigation into a scheme to...

Financial market worries over the UK budget appear to ease

LONDON -- Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British...

Ford quarterly profit drops almost 26% due to $1B write-offs for canceled electric SUV

DETROIT -- Ford's third-quarter net profit fell nearly 26% as the company took $1 billion in accounting charges to write down assets for...

Global stocks mixed after Wall Street declines; markets wait for China policy briefing

HONG KONG -- European markets opened higher while Asian stocks were mostly lower on Friday, with Chinese markets declining as investors awaited a...

Cryptocurrency exchange network accused of helping Russia hit with sanctions

WASHINGTON -- A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a...

Betting on elections threatens confidence in voting and should be banned, US agency says

ATLANTIC CITY, N.J. -- Allowing people to bet on the outcome of U.S. elections poses a great risk that some will try to...