Global money-laundering watchdog launches crackdown on cryptocurrencies

FRANKFURT/LONDON (Reuters) - Cryptocurrency firms will be subjected to rules to prevent the abuse of digital coins such as bitcoin for money laundering, a global watchdog said on Friday, the first...

Exclusive: Boeing seeking to reduce scope, duration of some physical tests for new aircraft...

PARIS (Reuters) - Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory officials....

Oil declines as inventory data counters hopes for trade deal

LONDON (Reuters) - Oil prices declined on Wednesday as data suggesting a smaller-than-expected fall in U.S. crude inventories countered support from hopes for a U.S.-China trade deal. Pumpjacks are seen against...

BMW picks insider Zipse as CEO to catch up with rivals

FRANKFURT (Reuters) - BMW (BMWG.DE) has named Oliver Zipse as its new CEO, continuing the German carmaker’s tradition of promoting production chiefs to the top job even as the auto industry...

Global stocks, yields dip with Fed meeting on tap

NEW YORK (Reuters) - A gauge of global stock markets dipped slightly on Monday after a mostly strong month and benchmark U.S. bond yields edged lower as investors awaited developments this...

Oil traders try to ship dirty Russian crude to Asia

SINGAPORE/MOSCOW (Reuters) - Trading companies Vitol and Unipec are sending around 700,000 tonnes of contaminated Russian oil to Asia in an attempt to place the barrels rejected by buyers in Europe,...

Nestle makeover advances with $10 billion sale of skin health unit

ZURICH/FRANKFURT (Reuters) - Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.1 billion), as the food...

Nintendo shares jump on imminent launch of Switch Lite

FILE PHOTO: A display for the gaming company Nintendo is shown during opening day of E3, the annual video games expo revealing the latest in gaming software and hardware in Los...

Airbus faces cabin comfort dilemma as it launches A321XLR jet

PARIS (Reuters) - Airbus has broken records by launching the longest-range narrow-body jetliner at the Paris Airshow, but planemakers are having to rethink their mantra on comfort as they squeeze ever...

U.S. Fed seen launching repo facility in early 2020: Deutsche Bank

(Reuters) - The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020, with possible testing to begin later this...

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