Sweden decides against probing Swedbank over Browder complaint
The Swedish Economic Crime Authority said on Monday it had decided against opening a probe into Swedbank in relation to a criminal complaint over money laundering allegations brought by Bill Browder, an investor campaigning to expose corruption.
Financial Times reaches a million paying readers
The Financial Times has reached a milestone of a million paying readers, it said on Monday, with revenues and profits continuing to rise since the London-based business publication was acquired by Japan’s Nikkei from Pearson in 2015.
Norwegian Air CEO to visit Boeing, discuss MAX aircraft grounding
Norwegian Air Chief Executive Bjoern Kjos will travel to Seattle on Monday to visit aircraft maker Boeing and address problems linked to the recently grounded MAX aircraft, the company said.
Global shares surge on China factory rebound, trade hopes
Global stocks surged higher on Monday, extending gains from their best quarter in nearly 10 years, as strong Chinese factory activity data and signs of progress in U.S.-China trade negotiations gave investors reason to cheer.
Johnson & Johnson’s baby shampoo samples fail Indian quality test; company rejects findings
Johnson & Johnson’s baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to a public notice from the state’s drugs watchdog, findings that were rejected by the U.S. drugmaker.
Airbnb invests in Indian start-up OYO’s series E funding round
Home-renting company Airbnb has invested in Indian hotel reservation start-up OYO’s series E funding round, as it dives deeper into the hotel-booking business.
Brexit is wrecking Britain’s business reputation: Siemens UK head
Britain is wrecking its reputation for business stability with political divisions over Brexit and risks leaving the trading bloc with a hugely damaging “no-deal”, the UK head of German industrial giant Siemens has said.
EasyJet blames Brexit for weak outlook, shares fall 7 percent
British low-cost carrier easyJet warned on Monday that demand and pricing were suffering from Brexit jitters and a weaker economic outlook, sending shares in European airlines lower.
Sports Direct says other Debenhams investors back making Ashley boss
Sports Direct, the sportswear group that is seeking control of Debenhams, said it has been contacted by other shareholders in the department store group expressing their support to install Mike Ashley as Debenhams CEO.
Novartis to pay $310 million for assets from inflammation specialist IFM
Novartis on Monday said it had agreed to pay $310 million upfront, with the possibility for more later, for some research assets of Boston-based inflammation specialist IFM Therapeutics as the Swiss drugmaker expands its immunology pipeline.
