Greek court acquits 21 over raid on gold mining facilities
A court has acquitted 21 people accused of raiding prospective gold mining facilities in northern Greece, which many local residents strongly oppose on environmental grounds.
Police searched Deutsche Bank's headquarters in Frankfurt for a second day on Friday over money laundering allegations linked to the Panama Papers and shares in the company fell to a record low.
from Reuters: Business News https://ift.tt/2rewevn
Search of Deutsche Bank offices continues in German probe
German authorities are continuing to search offices of Deutsche Bank as part of an investigation into suspicion that some employees helped set up offshore companies that were used to launder hundreds of millions of euros.
UK leader focused on passing Brexit deal despite uncertainty
British Prime Minister Theresa May is urging lawmakers to consider the interests of their constituents when they vote on Brexit, saying that meetings with people outside London have shown her they want Parliament to back the deal she negotiated with the European Union.
French President Emmanuel Macron will discuss the Renault-Nissan alliance with Japan's Prime Minister Shinzo Abe in a bilateral meeting at the G20 summit in Buenos Aires on Friday, an Elysee official said.
from Reuters: Business News https://ift.tt/2KHuxQh
Oil prices slipped further on Friday as swelling inventories depressed sentiment despite widespread expectations that OPEC and Russia would agree some form of production cut next week.
from Reuters: Business News https://ift.tt/2DUIXLA
The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group.
from Reuters: Business News https://ift.tt/2Pb3Hk6
Oil toiled at a more than one-year low after its worst month in a decade on Friday, while most major markets were keeping moves tight ahead of a weekend meeting between U.S. and Chinese presidents Donald Trump and Xi Jinping.
from Reuters: Business News https://ift.tt/2PalyHC
Russia believes U.S. President Donald Trump canceled his meeting with Vladimir Putin due to domestic issues rather than the Ukraine situation, its foreign ministry said on Friday.
from Reuters: Business News https://ift.tt/2BHczun
German leader Merkel on her way to G20 after plane problem
German Chancellor Angela Merkel is finally on her way to Argentina for the Group of 20 summit after a technical problem with her plane forced her to change plans and stay overnight in Bonn.
Trump to meet with several tech CEOs amid rising tensions
President Donald Trump will meet with top executives from Google, Microsoft, Oracle and Qualcomm next week during a White House roundtable that could touch upon some the sticking points in the increasingly prickly relationship between his administration and the technology industry.
Honeywell expected to announce HQ move to North Carolina
Industrial conglomerate Honeywell International Inc. is expected to announce that it is moving its headquarters from New Jersey to Charlotte, North Carolina.
An old favorite joins battle for most valuable company
A funny thing happened in the competition to be the most valuable public company in the U.S. Apple became the first U.S. company valued at $1 trillion in August, and Amazon briefly joined it a month later.
A summit of the world’s top economies will open on Friday with leaders struggling over fallout from a U.S.-China trade war that has roiled global markets and bracing for the kind of divisive geopolitical drama that President Donald Trump often brings to the international stage.
from Reuters: Business News https://ift.tt/2zwLad2
An electronic failure caused a plane carrying Chancellor Angela Merkel to the G20 summit in Argentina to made an unscheduled landing, a German Air Force spokesman said on Friday.
from Reuters: Business News https://ift.tt/2RprEWH
Tokyo authorities extended the detention on Friday of ousted Nissan Motor Co chairman Carlos Ghosn for 10 days, media said, amid signs of a brewing diplomatic feud over the balance of power at the troubled Renault-Nissan alliance.
from Reuters: Business News https://ift.tt/2DSjX7p