U.S. seeking to negotiate a treaty with Iran – special envoy

By Lesley Wroughton WASHINGTON, Sept 19 : The United States is seeking to negotiate a treaty with Iran that will cover both its ballistic missile and nuclear programs, the U.S. special envoy for Iran said on Wednesday ahead of U.N. meetings in New York next week. “The new deal that we hope to be able […]

Danske Bank CEO quits over $234 bln money laundering scandal

By Jacob Gronholt-Pedersen and Teis Jensen COPENHAGEN, Sept 19 : Danske Bank’s chief executive Thomas Borgen resigned on Wednesday after an investigation revealed payments totalling 200 billion euros ($234 billion) through its small Estonian branch, many of which the bank said were suspicious. The Danish bank detailed compliance and control failings amid growing calls for […]

Divisive Brazil election careens into ‘dangerous’ polarization

By Brad Brooks and Anthony Boadle SAO PAULO/BRASILIA, Sept 19 : Brazil’s presidential campaign, already the most divisive since the end of military rule three decades ago, has become even more polarized, raising concerns about the future of the country’s democracy. Less than three weeks before the vote, polling shows that the middle has collapsed, […]

Merkel coalition slides into “permanent crisis mode” with spy row

By Paul Carrel BERLIN, Sept 19 : A clumsy compromise to end a row over the fate of Germany’s spy chief has exposed a cruel fact: the parties in Chancellor Angela Merkel’s right-left coalition are loveless partners in a dysfunctional relationship that none of them can afford to quit. The coalition leaders sought on Tuesday […]

Strap on the Fitbit: John Hancock to sell only interactive life insurance

By Suzanne Barlyn Undated, Sept 19 : John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable devices and smartphones, the company said on Wednesday. The move by the 156-year-old insurer, owned by […]

EU unveils Asia infrastructure plan, denies rivalry with China

By Robin Emmott BRUSSELS, Sept 19 : The European Commission proposed on Wednesday a foreign policy plan to improve transport, energy and digital infrastructure links with Asia but denied seeking to counter China’s ambitions that have raised suspicion in Western capitals. The plan, which would be backed by additional funds from the EU’s common budget […]