By Jeff Mason WASHINGTON (Reuters) – President Donald Trump will propose cutting billions of dollars in U.S. foreign aid in his fiscal 2021 budget while seeking an increase in funds to counter developing economic threats from China and Russia, senior administration officials told Reuters. Trump, a Republican, sought in his budget proposal last year to […]
STOCKHOLM (Reuters) – Swedbank <SWEDa.ST> has canceled the severance pay of former CEO Birgitte Bonnesen on Monday after a report by its law firm said she failed to address deficiencies in the bank’s anti-money laundering controls during her years at the helm. Shares in Sweden’s oldest retail bank lost a third of their value last […]
By David Shepardson WASHINGTON (Reuters) – U.S. Senator Marco Rubio on Wednesday asked the Trump administration to review the national security implications of AT&T’s Inc’s planned sale of its majority stake in Central European Media Group Enterprises (CME) to the Czech-owned conglomerate PPF Group. Rubio, a Republican who chairs the bipartisan and bicameral Congressional-Executive Commission […]
