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UK market manipulation reports surge amid virus

Bloomberg Market manipulation is still on the rise in the UK even after a decade of crackdowns on schemes to rig foreign-exchange rates and other key benchmarks. And the coronavirus pandemic could make things worse. Reports of suspected market manipulation made to the Financial Conduct Authority have increased by 23% since 2017, with a sharp jump in 2018 followed by ...

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Germany’s Rhine River is running dry amid drought

Bloomberg Germany’s spring showers haven’t materialised this year, and that’s drying out the country’s most important river, prompting concerns that key industrial goods might have trouble making it to their destination. Typically one of the wettest months, Europe’s biggest economy has received just 5% of its normal April rainfall so far, according to Germany’s federal weather service. It’s on course ...

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Donald Trump faces test of power in court clash

Bloomberg The Trump administration will square off against House Democrats on Tuesday over a crucial question: Is a congressional subpoena of White House officials a formidable weapon or an empty threat? The battle, which is likely to reach the Supreme Court, could shape legal fights ranging from the quest for President Donald Trump’s tax returns to a conflict over his ...

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