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Shell faces possible Dutch lawsuit over Nigerian activist’s execution

The widow of a Nigerian activist is planning to sue Royal Dutch Shell in the Dutch courts alleging the oil company was complicit in the execution of her husband by the Nigerian military in 1995, court documents filed in the United States last week show. Esther Kiobel has filed an application in New York to secure documents from Shell’s U.S. lawyers…

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Shell faces possible Dutch lawsuit over Nigerian activist’s execution

Watchdog says about 15 Swiss banks in money laundering ‘red zone’: SonntagsZeitung

Roughly 15 Swiss banks are in a “red zone” of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog FINMA said in a newspaper interview published on Sunday. Swiss federal prosecutors …

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Watchdog says about 15 Swiss banks in money laundering ‘red zone’: SonntagsZeitung

Germany says Tesla should not use ‘Autopilot’ in advertising

German Transport Minister Alexander Dobrindt has asked Tesla to stop advertising its electric vehicles as having an Autopilot function as this might suggest drivers' attention is not needed, his ministry said on Sunday. A spokeswoman for the ministry, confirming a report in the daily Bild am Sonntag (BamS), said the Federal Motor Transport Authority (KBA) had written to Tesla to make the request. “It can be confirmed that a letter …

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Germany says Tesla should not use ‘Autopilot’ in advertising

Deal with Rosneft is U.S. sanctions-compliant, says Essar Group CEO

The $12.9 billion sale of India's Essar Oil to a group led by Russia's Rosneft does not run foul of U.S. sanctions imposed against the majority state-owned Russian energy firm, …

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Deal with Rosneft is U.S. sanctions-compliant, says Essar Group CEO

Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

The documents showed comments by Clinton during question-and-answer sessions with Goldman Sachs Chief Executive Lloyd Blankfein and Tim O'Neill, the bank's head of investment management, at three separate events in 2013 in Arizona, New York and South Carolina. Some excerpts of Clinton's speeches had already been released.

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Transcripts of Clinton’s Wall Street talks released in new Wikileaks dump

Twitter charts solo path as Salesforce rules out takeover

Twitter and Chief Executive Officer Jack Dorsey may now have to chart an independent course in the face of stagnant user growth, heavy losses and mounting competition from the likes of Facebook's Instagram and Snap Inc's Snapchat. Dorsey is likely to face intense scrutiny over his continued role as CEO of both Twitter and the payment company Square , especially if the company's next quarterly report in late October is as weak as some analysts expect. Twitter grew rapidly …

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Twitter charts solo path as Salesforce rules out takeover

U.S. bans Samsung Galaxy Note 7 smartphones from air travel

Samsung Galaxy Note 7 smartphone devices will be banned from aircraft in the United States starting on Saturday at noon EDT (1600 GMT) under an emergency order, regulators said on Friday after numerous reports of the

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U.S. bans Samsung Galaxy Note 7 smartphones from air travel

India and Russia sign energy, defense deals worth billions

India and Russia signed billions of dollars of defense and energy deals on Saturday at a summit that sought to inject new life into a relationship that has been tested by shifting global alliances and conflict in the Middle East. Under the biggest agreement, a group led by Russian state oil major Rosneft said it would pay $12.9 billion for a controlling stake in both India's Essar Oil and port facilities that it owns. The countries, …

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India and Russia sign energy, defense deals worth billions

U.S. fiscal year budget deficit widens to $587 billion

The U.S. budget deficit widened to $587 billion for the fiscal year 2016 on slower-than-expected revenues and higher spending for programs including Social Security and Medicare, the Treasury Department said on Friday. It was the first time the deficit increased in relation to economic output since 2009, according to figures from the Congressional Budget Office. Last fiscal year's deficit was $439 billion

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U.S. fiscal year budget deficit widens to $587 billion

Fed’s Yellen says ‘high-pressure’ policy may be only way back from crisis

The Federal Reserve may need to run a “high-pressure economy” to reverse damage from the 2008-2009 crisis that depressed output, sidelined workers, and risks becoming a permanent scar, Fed Chair Janet Yellen said on Friday in a broad review of where the recovery may still fall short. Prices on longer dated U.S. Treasuries

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Fed’s Yellen says ‘high-pressure’ policy may be only way back from crisis

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