Britain's Serious Fraud Office (SFO) on
Monday charged two of Serco's former directors with
fraud and false accounting in its investigation into the public
services outsourcer's electronic monitoring contract with the
Ministry of Justice.
France's minister for pension
reform resigned on Monday over a potential conflict of interest,
dealing a blow to President Emmanuel Macron as trade unions
staged a 12th day of strikes and prepared for more street
protests against the planned changes.
Britain's budget forecasters
doubled their estimate on Monday of how much the government is
likely to borrow over the next five years, even before
accounting for pre-election spending promises or a weaker
Chinese-owned Volvo Cars said
on Monday it had sold 5 billion Swedish crowns ($519 million) of
convertible preference shares to a group of Swedish investors to
replace an issue of preference shares of the same size that had
Hedge fund managers piled back
into petroleum last week after Saudi Arabia and its allies in
the OPEC+ group of major oil exporters announced
deeper-than-expected cuts to their production in the first
quarter of 2020.
Swedish financial technology
company Klarna plans to launch in Australia and other markets in
2020 after a strong start for its 'buy now, pay later' service
in the United States, CEO Sebastian Siemiatkowski told Reuters.