Danske Bank elects new chairman to steer bank through crisis
Danske Bank elected the favored candidate of its top shareholder as its new chairman on Friday to help steer the Danish lender through a multi-billion euro money laundering scandal.
Trump upbeat on China talks; aides downplay Huawei arrest friction
U.S. President Donald Trump on Friday sounded an optimistic note about trade negotiations with China as two of his top economic advisers downplayed friction from the arrest of a senior executive of Chinese telecom equipment maker Huawei Technologies.
Exclusive: Activist investor Elliott has stake in Germany’s Bayer – sources
Activist investor Elliott has taken a position in Germany’s Bayer , adding to the slew of investments the fund has made in German companies, three people familiar with the matter told Reuters on Friday.
Oil prices climb on OPEC-led cuts, but off session highs
Oil prices jumped more than 2 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia, agreed to reduce output to drain global fuel inventories and support the market.
Danske Bank elects top shareholder’s candidate as chairman
Danske Bank elected the favored candidate of its top shareholder as its new chairman on Friday to help steer the Danish lender through a multi-billion euro money laundering scandal.
Wall Street slides as trade worries resurface
Wall Street fell more than 1 percent on Friday, with a drop in technology stocks sparking a turnaround from earlier in the day, as renewed concerns of the China-U.S. trade situation offset the effect of a jump in oil prices and a tepid U.S. jobs report…
U.S. job growth slows in November, monthly wage gains modest
U.S. job growth slowed in November and monthly wages increased less than forecast, suggesting some moderation in economic activity that could support expectations of fewer interest rate increases from the Federal Reserve in 2019.
Exclusive: Activist investor Elliott has taken position in Germany’s Bayer – sources
Activist investor Elliott has taken a position in Germany’s Bayer , adding to the slew of investments the fund has made in German companies, three people familiar with the matter told Reuters on Friday.
Shares mixed, Wall Street drops on trade worries; oil surges
Stock markets around the world were mixed, with U.S. shares retreating on Friday amid continuing concerns over U.S.-China trade ties, while pledges by key oil producers to trim output boosted oil prices.
Brazil’s government joins Embraer in challenging injunction of tie-up with Boeing
Brazil’s government said on Friday that it would appeal an injunction issued Thursday blocking a proposed tie-up between planemakers Embraer and Boeing , joining Embraer, which has also said it will challenge the decision.
