Danske Bank vows tighter controls as profit tumbles

COPENHAGEN. Denmark’s Danske Bank, caught up in a massive money laundering scandal, said Friday its 2018 earnings plunged nearly 30 per cent and promised tighter controls to prevent any further regulatory lapses. Net profit came in at 15 billion kroner (2 billion euros) for the year, down 28 per cent on 2017, but largely in […]

China vows to buy more US goods, sees progress in trade talks

Washington China promised to “substantially” expand purchases of US goods after the latest round of trade talks, and both sides planned further discussions to reach a breakthrough with only a month to go before the Trump administration is set to ratchet up tariffs. President Donald Trump said Thursday he will dispatch two of his top […]