WEU

Credit score Suisse discovered responsible in cocaine money laundering case

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Credit score Suisse first main Swiss financial institution to face felony trial Former banker discovered responsible of certified cash laundering Financial institution plans to enchantment BELLINZONA, Switzerland, June 27 (Reuters) – Credit score Suisse (CSGN.S) was convicted by Switzerland’s Federal Prison Court docket on Monday of failing to forestall money-laundering by a Bulgarian cocaine trafficking … Read more

Studying the market tea-leaves for world recession dangers

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A Wall Road signal exterior the New York Inventory Trade in New York Metropolis, New York, US, October 2, 2020. REUTERS / Carlo Allegri // File Photograph Register now for FREE limitless entry to Reuters.com Register LONDON, June 24 (Reuters) – The quickest rate-hiking cycle in a long time and inflation nearing double-digits has received … Read more

US bans gross sales of Juul e-cigarettes, firm to hunt keep on enforcement

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June 23 (Reuters) – Gross sales of Juul e-cigarettes have been blocked by the US Meals and Drug Administration on Thursday, in a significant blow to the as soon as high-flying agency whose merchandise have been tied to a surge in teenage vaping. The company stated the functions “lacked enough proof” to indicate that sale … Read more

Unique: Contained in the hangar on the middle of the $ 1 billion Airbus-Qatar jet dispute

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DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their home windows taped and engines coated in a floodlit hangar within the Gulf, hobbled by a world authorized dispute between European industrial big Airbus (AIR.PA) and Qatar’s nationwide service. From a distance, the planes may look like some other long-haul jetliners … Read more

Crypto’s newest meltdown leaves punters bruised and bewildered

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LONDON / MUMBAI / ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was a perfect place to stash his digital foreign money holdings – and earn some spending cash from its double-digit rates of interest alongside the best way. “I used to be in all probability incomes $ 100 per week,” … Read more

Greatest rail strike in 30 years brings UK to standstill

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Greater than 40,000 rail staff set to strike Authorities beneath strain over cost-of-living disaster Unions say strike might begin ‘summer time of discontent’ LONDON, June 21 (Reuters) – Britain’s greatest rail strike in 30 years kicked off on Tuesday as tens of 1000’s of workers walked out in a dispute over pay and jobs that … Read more

Shares stage small bounce as traders weigh cenbanks’ subsequent strikes

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LONDON, June 20 (Reuters) – Inventory markets chalked up modest positive factors on Monday after final week’s hefty losses as traders braced for a number of US Federal Reserve audio system this week, the place they might underline a dedication to battle inflation no matter price ache required. Buying and selling was thinned by a … Read more

Western Europeans wilt in early summer time heatwave, compounding local weather change fears

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Spaniards swelter as temperatures head for above 40 Celsius Outside occasions stopped in a part of France, drought hits Italy Even hats off allowed at upmarket British horse-racing occasion MADRID / PARIS, June 17 (Reuters) – Spain headed for its hottest early summer time temperatures in 4 many years on Friday, one space of ​​France … Read more