October 8, 2018

Swiss bank UBS on trial in France over alleged tax fraud

Swiss bank UBS Group AG , its French unit and six executives faced charges of aggravated tax fraud and money laundering on Monday, the first day […]
October 8, 2018

Stada, buyout funds in race for Bristol-Myers’ French business: sources

German generic drugmaker Stada is vying with a group of European buyout funds for control of Bristol-Myers Squibb’s French over-the-counter drugs business, sources familiar with the […]
October 8, 2018

EU bank watchdog examining Danish handling of Danske

Denmark’s financial watchdog faces an inquiry by the European Union’s banking supervisor into how it supervised Danske Bank , which last week said it was being […]
October 8, 2018

Shares slide on ‘powerful cocktail’ of China slump, Treasuries and Italy

European markets fell on Monday as investor confidence took a knock from last week’s spike in Treasury yields and from a Chinese market slump brought on […]
October 8, 2018

Emerging markets prepared for U.S. monetary policy changes: Fed’s Bullard

St. Louis Federal Reserve Bank President James Bullard said on Monday that emerging markets were as “prepared as they can be” for changes in U.S. monetary […]
October 8, 2018

U.S. data ‘looking good’ ahead of December rates meeting, Fed’s Bullard says

St. Louis Federal Reserve Bank President James Bullard said on Monday that any further interest rate hike in United States this year should depend on data, […]
October 8, 2018

Chickens and eggs: Retailer Carrefour adopts blockchain to track fresh produce

Europe’s largest retailer Carrefour SA has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and […]
October 8, 2018

PIMCO’s Amey says Britain to avoid disorderly Brexit, long sterling

The pound can strengthen 5 to 10 percent from current levels because Britain and the European Union are likely to reach an agreement to avert a […]
October 8, 2018

Rocked by Trump’s sanctions, Iranian oil exports drops further

Iran’s crude exports fell further in the first week of October, according to tanker data and an industry source, taking a major hit from U.S. sanctions […]
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