Danske whistleblower says big European bank handled $150 billion of payments
The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European bank helped process up to $150 billion in suspicious payments and two U.S. lenders were also involved.
Oil slips as pessimism over supply resurfaces despite OPEC pledge
Oil fell on Monday, surrendering earlier gains as investors weighed up the effectiveness of a potential cut in supply from OPEC and possibly other exporters in the face of rapidly rising global output.
Nissan’s Ghosn arrested in Japan for alleged financial misconduct
Nissan Motor Co Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a charismatic leader hailed for rescuing the Japanese carmaker from close to bankruptcy.
Brazil’s Bolsonaro taps Chicago-trained economist as Petrobras CEO
Brazil’s incoming far-right government on Monday tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled Petroleo Brasileiro SA , amid a debate over privatization of the company’s…
GE brings back former executive to troubled power business
General Electric Co is bringing back former vice chairman John Rice to the conglomerate as chairman of its revamped gas power business, the company said on Monday.
Wall Street set to open lower on Apple concerns, trade uncertainties
Wall Street was set to open lower on Monday as shares of Apple and its suppliers were hit by ongoing concerns of slowing demand for iPhones, while conflicting signals of a potential truce in the China-U.S. trade dispute added to market jitters.
Danske Bank whistleblower says European bank handled $150 billion of payments
The whistleblower who revealed alleged money laundering involving Danske Bank said on Monday that a major European lender helped process up to $150 billion in suspicious payments and two U.S. banks were also involved.
Nissan CEO to propose board oust Ghosn on Thursday
Nissan Nissan Motor Co Ltd CEO Hiroto Saikawa said he would propose removing Chairman Carlos Ghosn at a board meeting on Thursday, citing serious and unacceptable incidents of financial misconduct.
Futures dip on Apple concerns, trade uncertainties
U.S. stock index futures dipped on Monday as Apple shares were hit by concerns of slowing demand for iPhones, while conflicting signals of a potential truce in the China-U.S. trade dispute added to market jitters.
Oil steadies as market prices in expectations of OPEC supply cut
Oil steadied on Monday, having gained in the previous three sessions from the prospect that top exporter Saudi Arabia will push OPEC and maybe Russia to cut supply towards the year-end.
