News Headlines - 27 March 2019

Renault eyes Fiat Chrysler bid after Nissan merger | Financial Times

Renault aims to restart merger talks with Nissan within 12 months and then acquire another carmaker, with Fiat Chrysler among the preferred targets, according to several people familiar with the French company’s plans... the recent creation of a new alliance board led by Renault chairman Jean-Dominique Senard has improved confidence that merger plans can advance, according to people familiar with both sides’ thinking.
The combined company would then pursue a further acquisition that would bulk up the business for a fight for global dominance with the likes of Volkswagen and Toyota.
Two people familiar with the matter said Mr Ghosn held talks about merging Renault with Fiat Chrysler two to three years ago but the proposal was scuppered by opposition from the French government. The talks have not previously been reported.

Swedbank report spotted anti-money-laundering breaches: Swedish TV | Reuters

An internal Swedbank report identified major breaches of anti-money laundering obligations involving its business in Estonia, Swedish public broadcaster SVT said on Tuesday after having seen a copy of the document... The Swedish bank conducted a review of its Estonian branch after a scandal at Danske Bank’s Estonian branch which was used to funnel some 200 billion euros ($227 billion) of suspicious payments between 2007 and 2015.

Lloyd's of London Unveils Lifetime Bans for Sexual Harassment - Bloomberg

Lloyd’s of London outlined a plan to address allegations of sexual harassment by setting up an independent whistleblower hotline and laying out potential lifetime bans for inappropriate behavior.
The proposals were agreed upon at an emergency meeting of industry executives convened on Monday evening by Lloyd’s Chief Executive Officer John Neal after a Bloomberg Businessweek article found a deep-seated culture of sexual misconduct in the London insurance market. The report drew on the experiences of 18 women to describe an atmosphere of near-persistent harassment, ranging from inappropriate comments to unwanted touching to sexual assault.

Thailand election 2019: Anti-junta political parties form coalition - CNN

Pro-democracy parties battling to block the military's return to power after Thailand's first election since a 2014 coup said Wednesday they have secured enough seats to form a government.
The main opposition Pheu Thai party, which was ousted before the coup, and six other parties announced they had forged a coalition accounting for 255 seats in the 500-member lower house of parliament.

London Natural History Museum: Indigenous remains to be brought home

The ancestral remains of 37 indigenous people will be returned to Australia from London’s Natural History Museum.
For more than 150 years, Aboriginal and Torres Strait Islander ancestral remains and sacred objects were removed from their communities and placed in museums, universities and private collections in Australia and overseas.
But, in a major win for Australia, the UK’s agreement to hand 27 remains back was sealed overnight as Narungga community representatives from South Australia, Douglas Milera and Professor Peter Buckskin, travelled to the UK to attend the handover ceremony.







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