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Business

Shares of European banks slip after allegations of money laundering; Future Dow slides 300 points

On April 28, 2020, HSBC (L) and Standard Chartered Bank (R) signage is displayed at each bank’s local headquarters in Hong Kong. anthony wallace / Agence France-Presse / Getty Images Shares of major European banks fell on Monday, following reports that they continued to do business with customers suspected of money laundering and other crimes. The report, led by Buzzfeed …

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Walmart aims to become a regenerating company

The world’s largest retailer aims for zero emissions by 2040 and aims to protect, manage or restore at least 50 million acres of land and one million square kilometers of ocean by 2030 Building on its more than 15 years of leadership in sustainability, Walmart announced today that it will double to address the growing climate crisis by targeting zero …

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Walmart is expanding its fashion focus with a new private clothing brand

Free assembly Male lifestyle Source: Walmart Walmart has made moves to try to accumulate its fashion credentials. It acquired popular brands such as the Bonobos menswear retailer. She took advantage of celebrities like Ellen DeGeneres and Sofia Vergara to inspire clothing collections. And he came to an agreement with ThredUp, a seller of second-hand clothes, shoes and accessories high-end brands …

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A woman spread the coronavirus to 15 people aboard the London-Vietnam flight

According to a recently published study, a single sick passenger on the plane spread the coronavirus to 15 more people aboard a flight from London to Vietnam. The passenger, identified as a 27-year-old Vietnamese businesswoman, had a sore throat and cough before boarding the March 1 flight and tested positive for coronavirus four days later, according to the study from …

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Donald M. Kendall, PepsiCo developer of glue wars, dies at age 99

The top Fox Business Flash headlines are here. See what you click on FoxBusiness.com. Donald M. Kendall, who built PepsiCo Inc. in a drink juggling and introduced the Soviet Union to the American tail in the midst of the Cold War period, he died Saturday. He was 99 years old. The executive, who grew up milking cows and finished just …

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Banks and news about the coronavirus weigh on sentiment

European stocks are expected to open lower on Monday, as complaints related to banking operations and rising coronavirus infections weigh on market sentiment around the world. According to IG, the London FTSE opens 40 points lower at 5,976, the German DAX down 52 points at 13,104, the French CAC 40 15 points less at 4,972 and the Italian MTS at …

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Asian markets begin bearish on Monday, with the United States plunged into a three-week losing streak

BEIJING (AP) – Asian stock markets fell mostly on Monday after Wall Street declined for a third week and Britain reported an increase in coronavirus infections. Data:Stay up to date on future US stock markets Landmarks in Shanghai, Hong Kong and Sydney were withdrawn. Japanese markets were closed for holidays. On Friday, the Wall Street SPX S&P 500 benchmark, -1.11% …

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Nikola founder Trevor Milton will voluntarily step down as executive chairman

Trevor Milton, CEO of Nikola Massimo Pinca | Reuters Nikola announced early Monday that founder Trevor Milton has voluntarily stepped down as executive chairman and board member. The electric truck company said the board accepted Milton’s resignation, adding that Stephen Girsky, a former vice president of General Motors and a member of Nikola’s board, has been appointed chairman of the …

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