Mixed markets...Barclays charged...Google for jobs
Jun. 20, 2017
TOKYO (AP) — European shares rose in early trading today and Japan's benchmark finished higher, cheered by gains on Wall Street, but other Asian markets dipped. Futures point to a slightly higher opening on Wall Street. The dollar rose against the yen and the euro. Benchmark U.S. crude oil rose to just above $44.50 a barrel.
LONDON (AP) — Britain's Serious Fraud Office has charged Barclays Plc and four former executives with conspiracy to commit fraud when they sought investment from Qatar in 2008. The bank, former chief executive John Varley, former investment banking chief Roger Jenkins, Thomas Kalaris, who headed the bank's wealth management division, and Roger Boath, head of the European financial institutions group, all face charges in relation to a first round of investment in June 2008. Barclays turned to Qatar to bolster its finances and avoid a government bailout at the height of the financial crisis.
SAN FRANCISCO (AP) — Google is trying to turn its search engine into an employment engine. Beginning today, job hunters will be able to go to Google and see help-wanted listings that its search engine collects across the internet. The results will aim to streamline such listings by eliminating duplicate jobs posted on different sites. Google will also show employer ratings from current and former workers, as well as typical commute times to job locations.
LONDON (AP) — Bank of England Governor Mark Carney is downplaying the possibility of an interest rate increase amid the uncertainty wrought by Britain's pending departure from the European Union. Carney, in a speech to business leaders Monday, said that while rates will have to rise as spare capacity in the economy declines, "now is not yet the time to begin that adjustment."
MILAN (AP) — Carla Fendi, one of the five sisters who transformed the family leather goods business into a global luxury fashion house long known for its furs, has died following a long illness. She was 79. The Rome-based fashion house confirmed Fendi's death Monday, expressing pain for the loss and gratitude for her continued contributions.