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February 16, 2017

Deutsche Bank examined Trump’s account for Russia links

Bank looked for evidence of whether loans to president were underpinned by guarantees from Moscow, Guardian learns

The scandal-hit bank that loaned hundreds of millions of dollars to Donald Trump has conducted a close internal examination of the US president’s personal account to gauge whether there are any suspicious connections to Russia, the Guardian has learned.

Deutsche Bank, which is under investigation by the US Department of Justice and is facing intense regulatory scrutiny, was looking for evidence of whether recent loans to Trump, which were struck in highly unusual circumstances, may have been underpinned by financial guarantees [...]

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December 6, 2016

Trump: Boeing should lose Air Force One contract over ‘out of control’ cost

Boeing share price briefly plummets after president-elect claims project is costing $4bn: ‘I think Boeing is doing a little bit of a number’

Donald Trump has called for Boeing to lose its contract to build Air Force One, the president’s private airplane, citing what he claimed was a $4bn price tag.

“Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!” the president-elect wrote on Twitter.

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August 30, 2016

Apple ordered to pay up to €13bn after EU rules Ireland broke state aid laws

European commission says Apple got illegal help with tax breaks but CEO Tim Cook says ruling threatens investment in Europe

Apple has warned that future investment by multinationals in Europe could be hit after it was ordered to pay a record-breaking €13bn (£11bn) in back taxes to Ireland.

The world’s largest company was presented with the huge bill after the European commission ruled that a sweetheart tax deal between Apple and the Irish tax authorities amounted to illegal state aid.

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June 10, 2016

No single market access for UK after Brexit, Wolfgang Schäuble says

In Der Spiegel interview German finance minister rules out Britain’s chances of enjoying bloc benefits from outside EU

Germany’s finance minister, Wolfgang Schäuble, has slammed the door on Britain retaining access to the single market if it votes to the leave the European Union.

In an interview in a Brexit-themed issue of German weekly Der Spiegel, the influential veteran politician ruled out the possibility of the UK following a Swiss or Norwegian model where it could enjoy the benefits of the single market without being an EU member.

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