A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a US$3.5 billion currency transaction by one of the bank's clients.
Top Stories On Business
Wall Street registered solid gains on Monday (Aug 29) on signs of firm US consumer spending and rising expectations that the Federal Reserve will raise interest rates as soon as late September.
The huge global oil oversupply that has weighed on prices for the past two years may not clear until the second half of 2017, Shell's chief energy adviser Wim Thomas told Reuters.
The dollar rose against the euro, the yen and the pound on Monday (Aug 29) as US Commerce Department data showed consumer spending had risen in July.
Oil prices fell on Monday (Aug 29) as the dollar rose following relatively bullish talk from the US Federal Reserve.
As part of the programme, two new agreements were signed on Monday (Aug 29).