News
Collapsed Australian investment firm bosses fined over A$600m
Five former executives connected to collapsed Australian finance group MFS have been ordered to pay more than A$600m (£350m, $450m, €400m) in compensation to investors by the Supreme Court in the state of Queensland.
Commodities | news 26 May 17
Oil prices slump but experts see rise to $60 before year end
Oil prices could rise in the months ahead and the price fall seen in the wake of OPEC’s Vienna meeting last week may be a buying opportunity, experts have said.
Cristiano Ronaldo faces possible tax fraud charges
Real Madrid star Cristiano Ronaldo is facing possible tax fraud charges in Spain, days after fellow football legend and Spanish club rival Lionel Messi had his 21-month jail term for similar charges upheld.
PEOPLE MOVES: Manulife, Aegon, Legal & General
Manulife’s president and chief executive is to retire, while Aegon has appointed a policy affairs heavy hitter to oversee the company’s government relations in Europe, the Americas and Asia. L&G has a new head of strategic business for its pension risk transfer division.
Macro Views | news 26 May 17
Sterling takes fright from Conservatives’ shrinking election lead
The British currency has suffered its biggest fall since April after a poll suggested the Conservative party’s lead in the UK general election had diminished.