Trump budget calls for Wall Street regulators to face restructuring
WASHINGTON, May 22 Two Wall Street financial regulators would face cuts or major structural changes under President Donald Trump's fiscal 2018 budget proposal
FRANKFURT Oct 7 Linde, the world's biggest industrial gases group by revenue, plans to cut costs and may and may close some sites abroad after failing to merge with U.S. rival Praxair, German weekly Spiegel reported.
The cuts will mainly affect the German company's plant-engineering unit, which serves the oil and gas sectors and has suffered from low oil prices, Spiegel said on Friday.
Linde has sites in over 100 countries and will also look at closing some of these, the magazine added.
A Linde spokesman declined to comment.
Linde is working on how to present a vision of its future as a standalone company after the breakdown of talks with Praxair last month. (Reporting by Georgina Prodhan; Editing by Ruth Pitchford)
BRASILIA, May 22 Brazil's former president Luiz Inacio Lula da Silva has been charged by prosecutors who said the leftist politician was the mastermind behind the country's biggest bribery scheme.