Business

COPENHAGEN (Reuters) – U.S. authorities are closely following an investigation into Danske Bank (DANSKE.CO) over allegations that Denmark’s biggest lender had been involved in money laundering through its Estonian branch. Danske Bank sign is seen at the bank’s Estonian branch in Tallinn, Estonia August 3, 2018. REUTERS/Ints Kalnins Investors are watching for signs of a
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(Reuters) – India’s Mahindra and Mahindra Ltd (MAHM.NS) said here on Wednesday Fiat Chrysler Automobiles U.S. LLC filed a patent violation complaint with the U.S. International Trade Commission against the company. Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca As per the complaint, certain design features of Mahindra’s
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NEW YORK (Reuters) – Elon Musk’s take-private plans for Tesla Inc have evaporated, but the company’s looming debt needs remain. FILE PHOTO: SpaceX founder Elon Musk pauses at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. REUTERS/Joe
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FRANKFURT/HAMBURG (Reuters) – Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess was given a memorandum warning the carmaker might face legal action in the U.S. over the use of cheating software in cars just days before the scandal broke, a public broadcaster reported on Friday. Herbert Diess, Volkswagen’s new CEO, speaks during the Volkswagen Group’s annual general
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NEW YORK/WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Thursday it will review a decision by its staff to block nine bitcoin-based exchange-traded funds from coming to market. Representation of the Bitcoin virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration Staff at
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(Reuters) – The S&P 500 treaded water on Thursday as gains in technology stocks were offset by declines in commodity-related and trade-sensitive sectors after the U.S.-China trade war escalated with a fresh round of tariffs. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 22, 2018. REUTERS/Brendan
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