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Reuters

High costs haunt Wells Fargo results years after scandal
Business

High costs haunt Wells Fargo results years after scandal

  • "Why is that the number?" asked UBS analyst Saul Martinez about Wells' core cost guidance. "Because you haven't been anywhere near that number for five years."
  • That is what I said and I was wrong when I said it," Shrewsberry told reporters on a call discussing results,
Published 14 Oct, 2020 11:49pm
'We must react': France's Macron announces nightly curfews
World

'We must react': France's Macron announces nightly curfews

  • Macron announced the curfews, which will take effect from Saturday and run from 9 p.m. to 6 a.m.
  • The president said curfews would be imposed in the greater Paris region, Marseille, Toulouse, Montpellier and five other cities.
Published 14 Oct, 2020 11:47pm
CBOT corn gains on export demand
Markets

CBOT corn gains on export demand

  • Most-active CBOT December corn ended up 5-1/4 cents at $3.96-1/2 per bushel.
  • USDA reported 420,000 tonnes of new sales to China on Wednesday during the 2020/2021 marketing year.
Updated 14 Oct, 2020 11:42pm
EU business groups urge post-Brexit deal
World

EU business groups urge post-Brexit deal

  • "A brutal split between continental Europe and the UK would add further difficulties to the difficulties and would undermine tens of thousands of jobs and activities in all our countries."
Published 14 Oct, 2020 08:38pm