May 20, 2019

Wall St. drops as tech stocks tumble on Huawei fallout fears

U.S. stocks fell on Monday, as a crackdown on China’s Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an […]
May 20, 2019

Goldman selects Mazars to audit European operations

Goldman Sachs said on Monday it has appointed Mazars to audit its European operations in a major coup for the Paris headquartered accounting firm. Powered by […]
May 20, 2019

Chairman of U.S. telecoms regulator backs T-Mobile, Sprint merger

Sprint Corp and T-Mobile US Inc has won the support of the chairman of the U.S. telecommunications regulator but will require a series of changes to their […]
May 20, 2019

Exclusive: Western buyers freeze payments for contaminated oil in extended Russian outage

Total and Eni have stopped payments for the contaminated oil sold to them by Russian firms and said they will only pay when compensation is agreed, […]
May 20, 2019

Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake

Coca-Cola Co said on Monday it had dropped plans to refranchise its Africa bottling business, Coca-Cola Beverages Africa (CCBA), and would instead keep its majority stake […]
May 20, 2019

Chips are down: Huawei U.S. blacklisting knocks semiconductor stocks

U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. […]
May 20, 2019

Chips are down: Huawei U.S. blacklisting knocks EU semiconductor stocks

European chipmakers Infineon Technologies, AMS and STMicroelectronics fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to […]
May 20, 2019

Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes

Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared […]
May 20, 2019

Deutsche Bank denies report it prevented Trump transactions being flagged

Deutsche Bank denied a report that said some of its executives rejected the advice of the bank’s own anti-money laundering specialists and prevented some transactions involving […]
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