UAW union president takes leave of absence under cloud of U.S. federal probe

DETROIT (Reuters) – The president of the United Auto Workers union, who has been linked here to an ongoing corruption probe by U.S. federal officials, has taken a leave... Read more »

Mahathir says no to Goldman’s 1MDB offer of under $2 bln to Malaysia- FT

KUALA LUMPUR, Nov 2 (Reuters) – Malaysia has rejected an offer from Goldman Sachs of less than $2 billion in compensation over the 1MDB scandal, Prime Minister Mahathir Mohamad... Read more »

Swedish, Estonian regulators advance Swedbank probe

STOCKHOLM (Reuters) – Swedish and Estonian financial regulators have opened sanction cases into Swedbank (SWEDa.ST) over anti-money laundering controls at its Baltic operations, they said on Tuesday, a formal... Read more »

U.S. House votes to advance bill curbing anonymous shell companies

A bird flies across the U.S. Capitol rotunda, on Capitol Hill in Washington, U.S., October 22, 2019. REUTERS/Tom Brenner WASHINGTON (Reuters) – The U.S. House voted on Tuesday to... Read more »

Nigerian anti-graft office charges two Britons in connection with failed gas deal

ABUJA (Reuters) – Nigeria’s anti-fraud office on Monday charged two Britons in the capital, Abuja, for alleged money laundering in connection with an ill-fated gas deal that has left... Read more »

PRESS DIGEST- British Business – Oct 21

Oct 21 (Reuters) – Here are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.... Read more »

UPDATE 1-Goldman Sachs investment banker charged in insider trading scheme

(Adds third case) By David Shepardson Oct 19 (Reuters) – A Goldman Sachs Group Inc investment banker has been released on bond and placed on leave by the firm... Read more »

Controversial Mexican oil union boss resigns amid graft charges

MEXICO CITY (Reuters) – The longtime head of Mexico’s powerful oil workers union, Carlos Romero Deschamps resigned on Wednesday, a day after the president hinted he should step down... Read more »

‘Panama Papers’ law firm sues Netflix over film based on scandal

PANAMA CITY (Reuters) – Mossack Fonseca, a Panamanian law firm at the center of the “Panama Papers” scandal, has filed a lawsuit against Netflix, accusing the video streaming heavyweight... Read more »

Nyrstar shareholders to sue commodities trader Trafigura for $1.6 billion

LONDON (Reuters) – Minority shareholders in zinc producer Nyrstar are seeking 1.48 billion euros ($1.63 billion) in damages from global commodities trader Trafigura over the restructuring of the Belgian... Read more »