Bloomberg Nokia Oyj has been identified as the biggest individual recipient of potentially illicit funds relating to money laundering allegations against Nordea Bank Abp, according to investor Bill Browder. As much as $97.2 million that may have been laundered ended up in Nokia’s accounts at Nordea, according to a document focussing on potentially illicit transactions in Finland and sent by ...

Bloomberg Quid Inc, a startup that helps companies analyse large volumes of text from news, social media and the web, raised $37.5 million in venture funding, the company plans to announce on Monday. The deal was led by REV Ventures, the investment arm of LexisNexis owner RELX Group Plc, which contributed about $10 million. Other investors include Julian Roberson, the ...

Bloomberg Mercedes-Benz USA is under investigation by US safety regulators who say the luxury-auto maker may be taking too long to send safety recall notices to car owners and inform the government. The National Highway Traffic Safety Administration told the unit of Germany’s Daimler AG that it found numerous instances in which owners of recalled cars weren’t notified within the ...