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Olsson called on the bank to put all cards on the table, including internal investigations into its dealings in the Baltics. Alecta on Friday said that the Swedbank nomination committee should continue to strengthen the board. “They need to be thorough, but it shouldn’t take too long,” an Alecta spokesman said. Both Bonnesen and Idermark had been under fire for the bank’s communications and how they have handled the allegations, which have sparked a four-way investigation by regulatory authorities in Sweden, Estonia, Latvia and Lithuania. Swedbank shares, meanwhile, have lost about a third of their value.

NEW YORK (Reuters) - Brent oil prices rose on Thursday, best cufflinks gq briefly touching $70 a barrel for the first time since November as expectations of tight global supply outweighed pressure from rising U.S, production and less robust global demand indicators, International benchmark Brent futures settled up 9 cents at $69.40, Brent touched a session high of $70.03, the highest since Nov, 12 when it last traded above $70, U.S, West Texas Intermediate (WTI) crude fell 36 cents a barrel to settle at $62.10, The contract hit $62.99 on Wednesday, its highest since November..

Brent has gained 30 percent this year, while WTI has risen nearly 40 percent, underpinned by U.S. sanctions on Iranian and Venezuelan crude, OPEC production cuts and rising global demand. “There is a clear bias to the upside with the supply restrictions,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney. “And there’s a much better than expected demand picture after the recent China and U.S. PMI numbers, along with a potential kicker from any U.S.-China trade agreement,” McCarthy said.

The Caixin/Markit services purchasing managers’ index (PMI) rose to 54.4, the highest since January 2018 and up from February’s 51.1, a private business survey of China’s service sector showed on Wednesday, U.S.-China trade talks made headway last week in Beijing and White House economic adviser Larry Kudlow said best cufflinks gq on Wednesday the sides aim to bridge differences during further talks, The refinery maintenance season is drawing to a close, which should boost demand for crude, said Virendra Chauhan, oil analyst at Energy Aspects in Singapore..

“The physical market is very strong and we are now starting to trade post-turnaround barrels, which should mean physical markets strengthen and flat prices should follow,” Chauhan said. Still, U.S. crude’s turn to the negative demonstrated the market’s fears of weak demand and oversupply. “We keep having these headwinds,” said John Kilduff, a partner at Again Capital Management in New York. “Save for that one China PMI number, the economic data continues to be not great.” Bearish economic indicators globally, including lower German factory orders, have limited the upside for the market, he said.

German industrial orders fell in February by the sharpest rate in more than two years, according to best cufflinks gq data released Thursday, Orders were hit by a slump in foreign demand, compounding worries that Europe’s largest economy had a weak start to the year, U.S, crude inventories rose 7.2 million barrels last week, Analysts had forecast a decrease, [EIA/S], U.S, crude production climbed by 100,000 barrels per day to a record 12.2 million bpd, government data showed, GRAPHIC: U.S, oil production, storage & drilling levels, click tmsnrt.rs/2HWNIqK..

BOSTON (Reuters) - The founder of Insys Therapeutics Inc put profits over patient safety by bribing doctors to prescribe an addictive fentanyl spray, fueling the U.S. opioid epidemic, a federal prosecutor said on Thursday at the end of a landmark trial. John Kapoor, the drugmaker’s former chairman, and four colleagues are the first executives of a painkiller manufacturer to face trial for conduct that authorities say was tied to a drug abuse epidemic that kills tens of thousands of Americans each year.

Kapoor was arrested in 2017 on the same day U.S, President Donald Trump declared the opioid crisis a public health emergency, In 2017, a record 47,600 people died of opioid-related overdoses, according to the U.S, Centers for Disease Control and Prevention, Assistant U.S, Attorney Nathaniel Yeager told a federal jury in Boston in his closing argument that Kapoor sought to eliminate the risk of Insys failing best cufflinks gq after investing millions of dollars in founding it by bribing doctors to prescribe the company’s pain drug Subsys..

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