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China’s market regulator inspects Luckin Coffee

SHANGHAI (Reuters) – Luckin Coffee (LK.O) said on Monday China’s State Administration for Market Regulation was carrying out work to understand the coffee chain’s operating situation and added that it was actively cooperating. It also said in a statement poste... More »

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Factbox: What we know about U.S. vaping illnesses

(Reuters) – U.S. public health officials are investigating more than 450 cases of severe lung illnesses and have confirmed at least five deaths related to electronic cigarette products including the devices and liquids used inside them. The Centers for Disease... More »

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U.S. states probing Hyundai, Kia over vehicle fires: Connecticut AG

(Reuters) – A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday. The South Korean automak... More »

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Guggenheim says it is cooperating with SEC investigation

NEW YORK (Reuters) – Guggenheim Partners on Sunday said it was “cooperating fully” with an investigation of its asset management subsidiary that is being conducted by the U.S. Securities and Exchange Commission. “We are cooperating fully with the SEC’s investi... More »

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South African regulator probes conduct of Steinhoff auditors

FILE PHOTO: A Poundland employee checks products in a store in London, Britain November 10, 2015. REUTERS/Stefan Wermuth/File Photo JOHANNESBURG (Reuters) – South Africa’s Independent Regulatory Board for Auditors (IRBA) is investigating Steinhoff’s (SNHG.DE) ... More »

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U.S. investigating forex trading at Wells Fargo: WSJ

Federal prosecutors are investigating foreign-exchange trading at Wells Fargo & Co and have subpoenaed information from the firm, the Wall Street Journal reported, citing people familiar with the matter. More »

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Deutsche Boerse says clears CEO after analysis of talks with LSE

Carsten Kengeter, CEO of Deutsche Boerse talks to the media during the presentation of FinTec start-up facilities provided by Deutsche Boerse in Frankfurt, Germany, February 24, 2016. REUTERS/Kai Pfaffenbach Deutsche Boerse’s (DB1Gn.DE) supervisory board backe... More »

Valeant under criminal investigation over Philidor ties: WSJ

NEW YORK/SAN FRANCISCO U.S. prosecutors have opened a criminal investigation into Valeant Pharmaceuticals International Inc (VRX.N) over whether it hid from insurers its relationship with a specialty pharmacy that helped boost its drug sales, the Wall Street J... More »

Exclusive: Clinton campaign also hacked in attacks on Democrats

WASHINGTON/SAN FRANCISCO A computer network used by Democratic presidential nominee Hillary Clinton’s campaign was hacked as part of a broad cyber attack on Democratic political organizations, people familiar with the matter told Reuters. The latest attack, wh... More »

For Blatter, Swiss raid shows FIFA probe moving closer to home

ZURICH Since the explosive indictments and arrests of international soccer officials in May, FIFA President Sepp Blatter — previously a prolific traveler — had only once left his home base of Switzerland. In the end, he wasn’t even safe in his own office. On F... More »

France attack suspect admits killing, police make link to Syria

PARIS The suspected Islamist who attempted to blow up a French chemical plant on Friday has admitted killing his manager beforehand, a source close to the investigation said on Sunday, as police linked the suspect to a militant now in Syria. Yassin Salhi, 35, ... More »