A plastic water bottle, a Snickers wrapper and a container of detergent are dropped into a recycling bin. Are they hazardous waste? They could be, according to a Norwegian government proposal, which marks the latest effort by activists and government officials to tackle the growing tide of plastics threatening the ocean. The proposal has good intentions: It aims to mitigate ...

Private equity firms appear to be signaling “Last one out is a rotten egg.” If those powerhouse investment firms smell something fishy, other investors should take notice. Holding periods — the amount of time between when a buyout firm makes an acquisition until it flips the company back into the public markets or to another buyer — have been drifting ...

No one knows when the 737 Max will return to the skies, least of all Boeing Co. The planemaker gave its first financial update since the Max was grounded by regulators across the globe in March after two fatal crashes. Boeing is suspending its guidance until a future date “due to the uncertainty of the timing and conditions surrounding return ...

Bloomberg Investors are running out of reasons to chase the bull market in Chinese stocks. After adding as much as $2.5 trillion to share values and outpacing gains everywhere else in the world, the rally in China is starting to look tired. Headwinds include an uninspiring earnings season, as well as the likelihood that Beijing will pursue a less aggressive ...

Bloomberg The decline in US stocks deepened as disappointing results from Alphabet Inc weighed on technology companies amid heightened angst over US-China trade talks. The S&P 500 Index fell from a record high, while the Nasdaq-100 Index was poised for its biggest drop in more than a month. Pfizer Inc surged on better-than-estimated results. Treasuries rose on the eve of ...

Bloomberg The two biggest banks in the Nordic region saw their market values shrink on Tuesday after publishing first-quarter results that disappointed investors. Danske Bank A/S said it now expects net interest income to be lower this year than in 2018 as the higher cost of funding brought on by its money-laundering scandal erodes its top line. Its shares plunged ...

Bloomberg Standard Chartered Plc is buying back ordinary shares for the first time in more than 20 years as Chief Executive Officer Bill Winters seeks to put misconduct and profitability woes behind the Asia-focussed lender. The $1 billion purchase plan comes weeks after a settlement between the bank and US regulators over its repeated violations of sanctions with Iran. Standard ...

Bloomberg Banco Santander SA relied on its increasing commitment to fast-growing Latin American markets to make up for sluggish European units that weighed on first-quarter profit. Net income fell 10 percent, hit by a charge of 108 million euros ($121 million) for restructuring in the UK and Poland as well as an inflation-adjustment expense in Argentina. That slightly beat analyst ...

Bloomberg Shares in Yes Bank Ltd. slumped as much as 30 percent on Tuesday, the first day of trading after the lender headed by newly appointed Chief Executive Officer Ravn-eet Gill reported a surprise quarterly loss. Yes Bank said it incurred a net loss of 15.07 billion rupees ($216 million) for the quarter that ended on March 31, after setting ...

Bloomberg There’s a flaw at the heart of central banking’s approach to inflation targeting that’s become a hot issue for the Federal Reserve as it takes a long, hard look at its strategy. For decades, central bankers have pursued price goals while saying financial stability risks are better curbed by regulation. The contradiction is that monetary policy is often the ...