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Sunday, July 5, 2020

Christian Sewing to become new CEO of Deutsche Bank – source

FRANKFURT (Reuters) - Christian Sewing, currently co-deputy chief executive officer of Deutsche Bank (DBKGn.DE), is to become the new CEO of Germany’s biggest lender, replacing John Cryan, a person familiar with the matter told Reuters on Sunday. Sewing, a German national, would replace Cryan, a...

Paris’s Eiffel Tower to go dark for London attack victims

The lights at the Eiffel Tower will be switched off Sunday night to honour victims of the attack in the heart of London that killed seven people and injured 48, the company running the monument said on Twitter. “Tonight, at 1245 am, I will turn...

Uber wins back London licence

Uber has won back its London licence in a major court victory that will allow the app to continue operating in its largest European market ahead of an initial public offering next year. British judge Emma Arbuthnot granted Uber a 15-month licence on Tuesday with...

Greece backs Rome declaration, calls for EU backing on labour reforms

By Renee Maltezou ATHENS  - Greece will support a declaration marking the European Union's 60th birthday but needs the bloc's backing against International Monetary Fund demands on labour reforms, Greek Prime Minister Alexis Tsipras said ahead of a Summit in Rome on Friday. In a letter...

The Late Billionaire lives we lost in 2018

Former US President George HW Bush, Fiat Chrysler chief executive Sergio Marchionne and Microsoft co-founder Paul Allen were among newsmakers in government, business and finance who died in 2018. The business world lost Ingvar Kamprad, founder of the Swedish furniture empire Ikea; Charles Lazarus, who...

Three hundred UK charities hit by global crackdown on illegal funds

LONDON (Reuters) - More than 300 UK-based charities have had their bank accounts closed in the last two years after being caught up in a global crackdown on illegal money flows, forcing the government to explore how to allow them easier access to the...

Metro, roads disrupted in Catalonia pro-independence protest

BARCELONA (Reuters) - Metro stations were closed in Barcelona, pickets blocked roads and state workers walked out on Tuesday in protests across Catalonia over a Spanish police crackdown on a banned independence referendum. The stoppages, in response to a call for a general strike by...

Poland to quit $9.2 billion precautionary IMF credit line: finance ministry

WARSAW (Reuters) - Poland will quit a precautionary Flexible Credit Line (FCL) from the International Monetary Fund (IMF) worth $9.2 billion, the country’s Finance Ministry said on Saturday. “We are resigning from a $9.2 billion credit line from the IMF,” the Finance Ministry said on...

French prosecutors probing ex-Renault boss Ghosn’s wedding costs: repor

PARIS (Reuters) - French prosecutors have opened a preliminary inquiry into how former Renault chief Carlos Ghosn financed his 2016 wedding, the Figaro newspaper and Agence France-Presse said on Monday. The French carmaker said last month it had found evidence, following an internal probe,...

French soldier shoots, wounds machete-wielding attacker at Paris Louvre

By Michel Rose and Elizabeth Pineau | PARIS A French soldier shot and wounded a man armed with a machete and carrying two bags on his back on Friday as he tried to enter the Paris Louvre museum in what the government said appeared to...
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