News

Police in Vietnam arrested a former deputy labour minister on Friday on allegations of economic mismanagement, as the communist-led government presses on with a crackdown on corruption.

Italian state-owned lender Monte dei Paschi di Siena posted a third-quarter net profit of 91 million euros ($103 million) with cost cuts helping to counter weaker revenues.

The U.S. securities regulator is set to review this month rules on corporate democracy, setting it up for a clash with investors who worry the agency will side with companies to diminish voting rights on charged issues like climate change and gun violence. On Nov. 15, the Securities and Exchange...

Laura Perryman expected her medical company, Stimwave Technologies Inc, would have to wait several years for its painkilling device to win U.S. approval as a treatment for chronic migraines.

* May needs the DUP to get a deal through parliament (Adds May in Belgium and France)

NordLB is trying to shed almost all of its non-performing shipping loans this year, much earlier than publicly indicated, as the German bank steps up efforts to clean up its balance sheet, sources close to the matter said.

China's cabinet has unveiled more financial support for private and small firms, which are vital for creating jobs, state radio said on Friday.

* Strategic sectors to be scrutinised when deals are announced

Western suppliers have tightened security precautions at China's largest air show after U.S. accusations of industrial espionage rather than miss the chance to vie for a slice of the country's heavy aerospace spending.

Italian banks are considering granting the country's interbank deposit protection fund (FITD) a 2.7 billion euro ($3 bln) credit line to boost confidence in the financial system, three sources said on Friday.