February 20, 2019

Volvo Cars raises $215 million in bond issue months after failed IPO

Sweden’s Volvo Cars has raised some 2 billion Swedish crowns ($215 million) in a bond issue just five months after the Chinese-owned carmaker terminated plans for […]
February 20, 2019

Estonia investigates alleged Swedbank link to money laundering scandal

Estonia is investigating allegations linking Swedbank to suspicious transactions in the country involving Danske Bank, Estonia’s state prosecutor said on Wednesday. Powered by WPeMatico
February 20, 2019

CVS 2019 profit forecast a wide miss, shares fall 9 percent

CVS Health Corp on Wednesday forecast 2019 profit well below Wall Street forecasts due to weakness in its pharmacy business that serves long-term care facilities and […]
February 20, 2019

Exclusive: Kinder Morgan to expand Chicago ethanol hub to calm glut concerns – sources

Kinder Morgan Inc will expand barge-loading capacity at its ethanol terminal in Chicago to help relieve a supply glut there that is driving down global prices […]
February 20, 2019

Oil rises 2 percent on hopes of market rebalance, trade deal

Crude prices rose nearly 2 percent on Wednesday, with Brent hitting its highest this year, on hopes that oil markets will balance later this year, helped […]
February 20, 2019

UBS to appeal after fined 4.5 billion euros in French tax fraud case

A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion […]
February 20, 2019

Danske Bank pulls out of Russia, Baltics after money-laundering backlash

Danske Bank will pull out of Russia and the neighboring Baltic states, the Danish lender said after Estonia ordered it to close the branch at the […]
February 20, 2019

Bombardier to deliver handful of Global 7500 jets in first half 2019

Bombardier Inc, the Canadian train and plane maker, will deliver a handful of its new flagship Global 7500 business jets to customers in the first half […]
February 20, 2019

EU countries back copyright reforms aimed at Google, Facebook

European Union countries on Wednesday endorsed an overhaul of the bloc’s copyright rules which would force Google and Facebook Inc to pay publishers for news snippets […]
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