Ukraine - Russia: EU leaders extend Russian sanctions over Ukraine for six more months

US sanctions against Russia are likely to figure large when US President Donald Trump meets,,his Russian counterpart Vladimir Putin in Helsinki on July 16.

Evidence of Russian meddling in the US 2016 election led the US to impose sanctions on Russia in April, but Trump and some European leaders have questioned if sanctions against Russia have the desired effect.

A spokeswoman from the German economy ministry said on Friday that the ministry had received a commitment from the US that any new US sanctions would not affect Russian pipelines, a reference to the controversial Nordstream II pipeline linking Russia and Germany.

Read more: EU leaders extend Russian sanctions over Ukraine for six more months | News | DW | 29.06.2018

Brexit: EU prepares to move two agencies from London - Laurence Pete

EU leaders have officially launched the competition between member states to decide which will host two London-based EU agencies, responsible for medicines and banking.

The relocation must take place by the Brexit deadline - 30 March 2019
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Some countries are bidding to host both the European Medicines Agency (EMA) and European Banking Authority (EBA).

It means hundreds of jobs moving from London, along with significant revenue from hotel stays and conferences.

Read more: EU prepares to move two agencies from London - BBC News

Financial Industry: Bankers charged in euro rate-rigging case

A group of former bankers on Monday became the first to be formally charged with manipulating the Euro Interbank Offered Rate (Euribor) - a daily reference rate compiled from estimates that Eurozone banks give of their cost of borrowing.

The case involves former employees of Deutsche Bank, Barclays and Societe Generale, and includes former middle managers, traders and rate submitters of six nationalities.

However, nearly half of the defendants were no-shows in the London court, with just six of the total 11 suspects appearing for the preliminary hearing. A first hearing was scheduled for Wednesday.

Lawyers for the absentees, four of them German and one French, cited different reasons for their clients' nonattendance, including ongoing investigations in Germany.

Read more: Bankers charged in euro rate-rigging case | Business | DW.COM | 11.01.2016