Business & Finance News
A top Goldman Sachs Group Inc banker had raised concerns about some unethical practices at the bank before he left in 2015, the New York Times reported on Tuesday, citing people close to the matter.
China will ask the World Trade Organization (WTO) next week for permission to impose sanctions on the United States, for Washington’s non-compliance with a ruling in a dispute over U.S. dumping duties, a meeting agenda showed on Tuesday.
Diane Han is trying to leave the Las Vegas of her childhood behind.
Hopes of a UK-EU deal over Brexit kept the British pound near five-week highs on Tuesday, helping lighten the mood in Europe even though the ongoing trade dispute between Washington and Beijing kept world stocks trading just off three-week lows.
China will ask the World Trade Organization next week for permission to impose sanctions on the United States, for Washington’s non-compliance with a ruling in a dispute over U.S. dumping duties that China initiated in 2013, a meeting agenda showed on Tuesday.
Mondelez International Inc , the owner of Cadbury brand, is stockpiling ingredients, chocolates and biscuits in case of a no-deal Brexit, the Times reported https://bit.ly/2MjCYjJ on Tuesday, citing the president of Mondelez’s European division.
One of the world’s largest bakery companies, Aryzta , has agreed an underwriting deal with five banks, setting the stage for raising 800 million euros ($928.48 million) in new capital to strengthen its balance sheet.
Consumer goods giant Unilever said simplifying its parent company structure from two UK and Dutch legal entities into a single holding company would conclude in December, when shares in the new firm would start trading.
ING Groep said on Tuesday its Chief Financial Officer was stepping down amid a public backlash after the Dutch bank said last week it had failed to prevent money laundering for years, forcing it to strike a 775 million euro ($900 million) settlement with Dutch prosecutors.
Consumer goods giant Unilever said simplifying its parent company structure from two UK and Dutch legal entities into a single holding company would be achieved through a UK scheme of arrangement and a Dutch legal merger.
Bank whistleblower Herve Falciani is due to appear before Spain’s High Court on Tuesday as the judge considering an extradition request from Switzerland over alleged industrial sabotage nears a decision.
Asian shares were struggling to avoid a ninth straight session of losses on Tuesday as the specter of a further escalation in the Sino-U.S. trade war haunted investors, while the pound perched at a five-week top on hints a Brexit deal might be nearer.
ING Group said on Tuesday its Chief Financial Officer was stepping down in the wake of revelations the Dutch bank had failed to prevent money laundering for years and was forced to strike a 775 million euro ($900 million) settlement with Dutch prosecutors.
Japan’s Renesas Electronics Corp said it had agreed to buy Integrated Device Technology Inc (IDT) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars.
Oil services group CGG , which has been emerging from a debt restructuring plan, said it would delist its U.S. securities as the company felt the New York Stock Exchange listing was too expensive.
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