Business & Finance News
Russia’s En+ Group , hit by U.S. sanctions in April, has proposed to shareholders that it move its registered office to Russia’s Kaliningrad region from Britain’s Jersey.
U.S. stock index futures fell on Friday on caution ahead of a much-awaited meeting between the presidents of the United States and China at the G20 Summit, which could determine the fate of the ongoing trade dispute that has roiled financial markets.
IKEA, the world’s biggest furniture group, pledged on Friday to cut greenhouse gas emissions from its production by 80 percent in absolute terms by 2030 from their levels two years ago.
French President Emmanuel Macron will discuss the Renault-Nissan alliance’s future with Japan’s prime minister at the G20 summit in Argentina on Friday, seeking to defuse a brewing diplomatic row over the balance of power inside the partnership.
The German chancellery is aware of the idea of a meeting between representatives of the U.S. government and the executives of German car companies, a spokesman for Chancellor Angela Merkel said on Friday.
Bitcoin fell as much as 7 percent on Friday , heading towards a recent one-year low in a broad-based selloff in cryptocurrencies.
Britain’s biggest retailer Tesco and German car maker Volkswagen have teamed up to develop an electric vehicle charging network in the UK, they said on Friday.
Police searched Deutsche Bank’s headquarters in Frankfurt for a second day on Friday over money laundering allegations linked to the Panama Papers and shares in the company fell to a record low.
French President Emmanuel Macron will discuss the Renault-Nissan alliance with Japan’s Prime Minister Shinzo Abe in a bilateral meeting at the G20 summit in Buenos Aires on Friday, an Elysee official said.
Oil prices slipped further on Friday as swelling inventories depressed sentiment despite widespread expectations that OPEC and Russia would agree some form of production cut next week.
The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group.
Oil toiled at a more than one-year low after its worst month in a decade on Friday, while most major markets were keeping moves tight ahead of a weekend meeting between U.S. and Chinese presidents Donald Trump and Xi Jinping.
Russia believes U.S. President Donald Trump canceled his meeting with Vladimir Putin due to domestic issues rather than the Ukraine situation, its foreign ministry said on Friday.
An electronic failure caused a plane carrying Chancellor Angela Merkel to the G20 summit in Argentina to made an unscheduled landing, a German Air Force spokesman said on Friday.
Tokyo authorities extended the detention on Friday of ousted Nissan Motor Co chairman Carlos Ghosn for 10 days, media said, amid signs of a brewing diplomatic feud over the balance of power at the troubled Renault-Nissan alliance.
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