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Top Banker, Lawyer Among Missing in Yacht Sinking off Sicily
Tech entrepreneur Mike Lynch, Morgan Stanley International Bank Chairman Jonathan Bloomer and Clifford Chance lawyer Chris Morvillo were among those unaccounted for after the vessel was hit by a sudden thunderstorm.
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Energy & Utilities Roundup: Market Talk
Find insight on Ampol and more in the latest Market Talks covering the Energy & Utilities sector.
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Tesla Gets Lower Tariff Rate as EU Eases Penalties on Chinese-Made EVs
Tesla is set to pay lower tariffs on electric vehicles exported from China to the European Union after the bloc revised penalties for carmakers amid an investigation into allegedly unfair subsidies from Beijing.
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Swedish Krona Could Rise in Coming Months Even if Riksbank Cuts Rates Further
The Swedish krona could strengthen in the coming months, despite the Riksbank cutting interest rates and signalling more reductions to come, as the risk-sensitive currency benefits from prospects of rate cuts in the U.S., ING said.
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Kim Jong Un Wants to Block all North Koreans From Escaping. It Isn’t Working.
A recent rise in defections from the country’s protected classes are reinforcing outside assessments that Kim is contending with internal discontent that could ultimately threaten his grip on power.
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Hannon’s Take: A Swedish Guide to Shifting Risks
The Riksbank cut its benchmark interest rate by a quarter point and said it is likely to ease more rapidly over the remainder of this year.