The Swedbank logo is pictured on its branch in Riga October 21, 2014. REUTERS/Ints Kalnins STOCKHOLM (Reuters) – Swedish television (SVT) said on Wednesday it had uncovered documents linking Swedbank to a money laundering scandal involving Denmark’s Danske Bank. At least 40 billion Swedish crowns ($4.30 billion) had been transferred between accounts at Swedbank and
Business
FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo NEW DELHI (Reuters) – Saudi Aramco said on Wednesday that investing in India is a priority for the company, and it expects the country’s
Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration (Reuters) – Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and
SINGAPORE (Reuters) – Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s sanctions on Iran and Venezuela. FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy
SINGAPORE (Reuters) – Oil prices were around 2019 highs on Wednesday, propped up by supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela. FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo But soaring U.S. production and expectations of an
(Reuters) – A top Southwest Airlines Co executive said the low-cost carrier would investigate why the number of aircraft unable to fly due to mechanical issues had doubled in recent days, causing flight delays and cancellations. FILE PHOTO: A 737 MAX 8 produced for Southwest Airlines is pictured in Renton, Washington, U.S. March 13, 2018.
FILE PHOTO: A 737 MAX 8 produced for Southwest Airlines is pictured in Renton, Washington, U.S. March 13, 2018. REUTERS/Jason Redmond/File Photo CHICAGO (Reuters) – Southwest Airlines Co (LUV.N), which has been in negotiations with its aircraft mechanics union for six years, will be investigating the disruption behind an unprecedented number of out-of-service aircraft, its
FILE PHOTO: A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, California, U.S. June 22, 2018. REUTERS/Stephen Lam (Reuters) – Elon Musk’s Tesla Inc is preparing to launch its leasing products for Model 3, news website Electrek said on Tuesday, citing an email sent to employees. The
SAO PAULO/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world. FILE PHOTO: New Ford trucks are
FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) proposed on Tuesday to expand a rule that allows companies to sound prospective investors out privately before going public. The
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. stocks gained ground on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed in Washington. The Dow Jones Industrial Average rose 8.07 points,
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now, and sees no need to raise them again unless growth or inflation shift to an unexpectedly higher gear. FILE PHOTO: John Williams, gestures as he addresses a news conference in
FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration WASHINGTON (Reuters) – The United States is seeking to secure a pledge from China it will not devalue its yuan as part of an agreement intended to end the countries’ trade war, Bloomberg reported on Monday. Officials from
(Reuters) – U.S. stocks inched higher on Tuesday, led by Amazon and upbeat earnings from Walmart, while investors focused on the latest round of trade talks between the United States and China. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid Hopes that
(Reuters) – A strong U.S. economy boosted Walmart Inc’s holiday-quarter sales growth to the best in a decade, lifted by consumer spending in key categories like groceries and increased e-commerce purchases. Shares of the world’s larger retailer rose nearly 4 percent on Tuesday and were up 7 percent so far this year. Walmart’s performance and
Sears Kenmore washing machines are shown for sale inside a Sears department store in La Jolla, California, U.S., March 22, 2017. REUTERS/Mike Blake NEW YORK (Reuters) – U.S. consumers expect to spend more money in 2019 than they did a year ago, data from the Federal Reserve Bank of New York showed on Tuesday. Households
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