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Paradise Papers: Massive New Leak Exposes Tax-Haven Secrets, Links Wilbur Ross To Russia

Paradise Papers: Massive New Leak Exposes Tax-Haven Secrets, Links Wilbur Ross To Russia

Update: A Commerce spokesman told Fox News that Ross was not involved with Navigator’s decision to engage in business with Sibur, a publicly traded company, which was not under sanction at the time and is not currently. The spokesman also said Ross, the Trump administration’s point man on trade and manufacturing policy, “never met” Shamalov, and generally has supported the Trump administration’s sanctions against Russia, while recusing himself from matters focused on transoceanic shipping vessels.

Traders "Swoop" On Stocks, Oil Rises For 8th Day But Bonds Still Don't Buy It

Traders "Swoop" On Stocks, Oil Rises For 8th Day But Bonds Still Don't Buy It

S&P futures are unchanged and Asian stocks closed mixed, however European stocks rebounded for first time this week, led by auto stocks after Daimler’s quarterly profit, as a break in alarming political news prompted traders to "swoop" - as Reuters puts it - on equities, cooling a safe-haven rally that saw the yen and gold at five-month highs and global government bond yields to drop their lowest this year.