STOCKHOLM (Reuters) – Swedbank admitted to previous shortcomings in combating money laundering on Thursday and said it was cooperating with investigating authorities, including in the United States. FILE PHOTO: Swedbank signs are seen on the …
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SAN FRANCISCO (Reuters) – A SoftBank Corp subsidiary said on Wednesday it had invested $125 million in an Alphabet Inc company that is working to fly cellphone antennas high in the atmosphere to provide internet in areas that are difficult to reach.
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Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes. The Swiss National Bank recorded a profit of 30.7 billion francs ($30.1 billion) at the start of the year, reaping the rewards of the …
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LONDON (Reuters) – Profit at Barclays fell 10 percent in the first quarter as its under-pressure investment bank struggled with tough markets, prompting it to signal further cost cuts if these conditions persist. FILE PHOTO: Workers are seen in at Barclays bank …
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By Tarmo Virki and Anne Kauranen. HELSINKI (Reuters) – Finnish telecom network equipment maker Nokia plunged to a surprise quarterly loss due to a delay in booking 5G payments and said on Thursday the security dispute surrounding rival Huawei was …
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