As another top Scandinavian bank faces money-laundering accusations, it’s clear that the rules are changing for European lenders under intense US pressure. A closer scrutiny of clients with links to the former Soviet Union and other high-corruption regions is fast becoming a necessity. Though the motives behind the pressure can be questioned, the outcome is mostly positive for Europe. Its ...

Bloomberg Package maker Sealed Air Corp fell the most in six months after saying higher raw material costs would crimp the bottom line. A few days earlier it was rising freight outlays at Fastenal Co., where $1.1 billion of market value was erased. On October 9, paint maker PPG Industries Inc. mentioned rising expenses. The shares cratered. From railroads to ...

Bloomberg Sweden’s central bank could next week give a clearer signal that it’s ready to tighten already in December as policy maker are growing eager to end almost four years of negative interest rates. Governor Stefan Ingves and his colleagues are on Wed-nesday expected to keep their benchmark unchanged at minus 0.5 percent, but could signal a greater probability that ...