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Noble Group Warns That Loss for 2017 May Approach $5 Billion

Noble Group Ltd., the commodity trader that’s seeking to restructure its debt, said it expects to report a net loss of between $1.73 billion and $1.93 billion for the final quarter of last year, potentially bringing losses for all 2017 to almost $5 billion.For now, given talks with creditors and

ECB’s Rimsevics Detained by Latvian Anti-Graft Bureau

Latvian central bank Governor Ilmars Rimsevics, a member of the European Central Bank’s governing council, was detained by the anti-graft bureau, in a flurry of actions by officials that ended early Monday with the financial regulator imposing payment restrictions on third-biggest lender ABLV Bank AS.The detention followed a search by

May Wants Total Alignment With EU Data Rules After Brexit

U.K. Prime Minister Theresa May proposed keeping Britain in total alignment with the European Union’s data-sharing rules after Brexit, something that would allow both intelligence agencies and business to continue to share information across borders.The U.K. regards the EU’s data rules, which are crucial to both companies and security agencies, as

China Flooded U.S. With Solar Panels Before Trump’s Tariffs

Chinese suppliers flooded the U.S. solar market with panels at the end of last year, as customers sought to avoid paying President Donald Trump’s 30 percent import tariff.Fourth-quarter deliveries from China were almost 11 times higher than in the first nine months of 2017, according to a report Friday by

Mueller Opposes Manafort Request to Change Bail, Citing Fraud

The U.S. special counsel rejected Paul Manafort’s proposed new bail package, in part because of alleged additional criminal conduct that the U.S. has learned since the initial terms were set.Manafort and longtime associate Rick Gates were indicted in October by Mueller for failing to register as agents in the U.S.

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