Clinton’s Goldman Speeches; $13 Billion India Bet: Saturday WrapBy
Deutsche Bank reported to be considering partial U.S. pullback
Trump suggests Clinton should take drug test before debate
Here are highlights of Saturday’s top breaking stories from around the world:
WikiLeaks released what were purported to be complete transcripts of three Hillary Clinton speeches to Goldman Sachs, the ones she has fought releasing through numerous campaign attacks by Bernie Sanders and Donald Trump alleging she’s too cozy with Wall Street. What was there was something less than evidence of collusion with bankers to undermine U.S. sovereignty, as Trump has alleged.
Deutsche Bank is said to be pondering a partial pullback of U.S. operations as part of its cost-cutting plans.
Almost 200 countries agreed to a binding climate-change deal that mandates reductions in so-called super-polluting refrigerants known as HFCs. The U.S. and other richer industrialized countries, many of which are already cutting HFCs, will essentially go first, agreeing to a 10 percent reduction beginning in 2019.
In a sign of renewing ties between India and Russia, India’s billionaire Ruia brothers agreed to sell a 98 percent stake in their refinery unit to Rosneft, Russia’s biggest listed oil producer, and a consortium of Trafigura and United Capital Partners for about $13 billion.
South Africa’s finance minister filed court papers implicating the Gupta family, friends of President Jacob Zuma, in what he called “suspicious transactions” worth $475 million. The filing made fully public the details of a rift between the treasury and the president’s office that began when Zuma tried to fire the finance minister in December.
E-mail break-in. Actual break-in. Democratic Party accounts. Democratic Party headquarters. To Hillary Clinton’s campaign, the comparisons are obvious: Russia’s hacking of Clinton campaign e-mails is the digital-age equivalent of the 1972 Watergate break-in and resulting cover-up that brought down President Richard Nixon.
Trump, meanwhile, reported raising $100 million in September. It’s the best he’s done in a single month during the campaign but well below what Clinton did, widening his funding disadvantage going into the final weeks of the race. On the trail, he challenged Clinton to take a drug test before their final debate on Wednesday while describing his plan to battle drug addiction in the U.S. and doubling down on his theme that the election is being rigged against him.
International airlines are following U.S. regulators’ order late Friday banning Samsung Note 7 phones from being brought on board flights, even in checked baggage, even if they’re turned off.
Monte Paschi’s board of directors asked Chief Executive Officer Marco Morelli to look into a proposal from Corrado Passera, Italy’s former economic development minister, to bolster the ailing lender’s financial health just months after rejecting another approach. Elsewhere in Italian business, shareholders of two of the country’s top lenders agreed to the nation’s biggest bank merger in almost a decade.
Negotiations among Russia, the U.S. and Middle Eastern powers on Syria broke off with no tangible progress.
Princeton University agreed to pay $18 million to settle a lawsuit by homeowners who were seeking to revoke the school’s exemption from paying local property taxes. They argued the school doesn’t deserve exemption as an educational institution because it makes hundreds of millions a year from business activities such as licensing drug patents.