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Buffett's Suncor bet to revive investor interest in Canadian energy

TORONTO (Reuters) – Berkshire Hathaway Inc’s re-investment in Suncor Energy Inc highlights the benefits of being an integrated oil company and could revive investor interest in the languishing Canadian energy sector, fund managers said. FILE PHOTO: A Suncor refinery is seen in Sherwood Park, near Edmonton, Alberta, Canada, November 13, …

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Daimler risks fine as German prosecutors launch new probe

BERLIN (Reuters) – German prosecutors have launched a probe into Daimler for allegedly failing to prevent diesel emissions cheating, possibly resulting in a fine for the carmaker, as its legal woes mount up over the affair. The Daimler is seen during a press conference on the second press day of …

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Tesla's top lawyer leaves two months into the job

FILE PHOTO: A driver recharges the battery of his Tesla car at a Tesla Super Charging station in a petrol station on the highway in Sailly-Flibeaucourt, France, January 12, 2019. REUTERS/Pascal Rossignol/File Photo (Reuters) – Tesla Inc said on Wednesday its general counsel Dane Butswinkas is leaving the electric carmaker …

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Southwest cuts unit revenue outlook on government shutdown

FILE PHOTO: Southwest Airlines planes are seen in front of the Las Vegas strip, Nevada, United States April 23, 2015. REUTERS/Lucy Nicholson/File Photo (Reuters) – Southwest Airlines Co cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and a $60 million hit from the …

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Swedish TV says Swedbank linked to Baltic money laundering scandal

The Swedbank logo is pictured on its branch in Riga October 21, 2014. REUTERS/Ints Kalnins STOCKHOLM (Reuters) – Swedish television (SVT) said on Wednesday it had uncovered documents linking Swedbank to a money laundering scandal involving Denmark’s Danske Bank. At least 40 billion Swedish crowns ($4.30 billion) had been transferred …

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Microsoft expands political security service to 12 European countries

FILE PHOTO: General view of Microsoft’s logo at Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo (Reuters) – Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close …

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U.S. settles with Teva over keeping generic drugs off market

FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen during a news conference hold by its CEO, Kare Schultz, to discuss the company’s 2019 outlooks in Tel Aviv, Israel February 19, 2019. REUTERS/Amir Cohen/File Photo WASHINGTON (Reuters) – The U.S. government has reached a settlement with Teva Pharmaceuticals Industries …

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U.S. watchdog proposes 'testing waters' before public offerings

FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) proposed on Tuesday to expand a rule that allows companies to sound prospective investors out …

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