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Climate-change protesters block road near Bank of England

53 mins ago DieselGasoil Comments Off on Climate-change protesters block road near Bank of England
Protesters block traffic at Bank Junction during the Extinction Rebellion protest London, Britain April 25, 2019. REUTERS/Simon Dawson LONDON (Reuters) – Climate-change activists blocked a road near the Bank of England as part of the 11th day of direct action aimed at pushing politicians to take more radical measures to protect the environment. The protesters Read More

Canada’s Bombardier cuts full-year profit, revenue forecast

54 mins ago DieselGasoil Comments Off on Canada’s Bombardier cuts full-year profit, revenue forecast
FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland, February 28, 2019. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Canada’s Bombardier Inc cut its full-year profit and revenue forecast on Thursday, as delays in some large projects hit its dominant transportation unit that makes rail cars. The plane-and-train maker is nearing the Read More

Goldman, Bank of England and stock exchange targeted by climate activists in London

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LONDON (Reuters) – Environmental activists glued themselves to the London Stock Exchange, blocked roads near the Bank of England and protested outside banks such as Goldman Sachs on Thursday to try to force Britain to help avert what they cast as a climate cataclysm. The Extinction Rebellion group has caused mass disruption across London, blocking Read More

Volkswagen plans electric vehicle plant with JAC in China: local government

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BEIJING (Reuters) – German automaker Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.8 million) in a new electric car factory in eastern Hefei city, according to local authorities. FILE PHOTO: A man uses phone under a Volkswagen logo at the Shanghai Auto Show, in Shanghai, Read More

German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks

2 hours ago DieselGasoil Comments Off on German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-bank. FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo After nearly six weeks of talks, Germany’s two Read More

Swedbank admits money laundering flaws, cooperating with U.S. authorities

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STOCKHOLM (Reuters) – Swedbank admitted to failings in combating money laundering and said on Thursday it was facing investigations in the United States, adding to pressure over its Baltic business. FILE PHOTO: A woman walks past a Swedbank branch in Riga October 21, 2014. REUTERS/Ints Kalnins Sweden’s oldest bank, whose CEO and chairman have both Read More

Ex-Nissan boss Ghosn granted $4.5 million bail, with curbs on contacting wife

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TOKYO (Reuters) – Former Nissan Chairman Carlos Ghosn was set to walk out of a Japanese jail for a second time since his arrest last year on financial misconduct charges, after posting $4.5 million bail on Thursday and agreeing to curbs on contacting his wife. A Tokyo court set a new condition for bail that Read More

Royal Bank of Scotland CEO McEwan to step down after more than five years

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LONDON (Reuters) – Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership after a state bailout. FILE PHOTO: Royal Bank of Scotland chief executive Ross McEwan is seen outside Downing Street in London, Britain March 20, 2019. REUTERS/Hannah Read More

Deutsche Bank and Commerzbank call off merger talks

3 hours ago DieselGasoil Comments Off on Deutsche Bank and Commerzbank call off merger talks
FILE PHOTO: Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, September 30, 2016. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Deutsche Bank and Commerzbank have ended talks to merge with no deal, the banks said on Thursday. The announcement from Read More

World stocks slip, euro suffers, growth fears linger

3 hours ago DieselGasoil Comments Off on World stocks slip, euro suffers, growth fears linger
LONDON (Reuters) – World equity markets slipped on Thursday amid worries on global growth and as investors digested European earnings, while the Swedish crown slumped to its lowest in 17 years and the euro suffered after German data. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage Read More