Julius Baer will invest more in Luxembourg and 3 other European countries. Delano’s Breakfast Briefing.
US-North Korea meeting
Donald Trump and Kim Jong-un have started their historic summit in Singapore with a handshake. Coverage by the BBC, Financial Times and Guardian.
Aquarius finds port
Spain will allow a ship carrying 629 migrants rescued in the Mediterranean to dock in Valencia, reported DW. The Aquarius had been stuck in limbo as both Italy and Malta had said the other country was responsible for accepting the migrants, who had been picked up off the coast of Libya.
UK wants to stay in European standards system
Britain will apply to remain in the European product and services standards system, reported the Financial Times. Business leaders had warned that UK-only standards could cause “fragmentation, cost and confusion to British industry and consumers post-Brexit”. The safety and quality standards are set by independent associations, not EU agencies.
Swiss bank to invest in Luxembourg hub
Julius Baer, Switzerland’s third largest bank, will “continue investing in technology at its European offshore booking centre in Luxembourg,” according to Reuters. The bank plans to expand in Germany, Spain and the UK, its European head told the news agency.
Solar highway experiment
A motorway in eastern China has been paved with plastic-covered solar panels, as reported by the New York Times.
Security posters from the Cold War
The American intelligence agency NSA has released a series of internal propaganda posters from the 1950s, 60s and 70s, which can be seen on Fast Company’s Co.Design site. The posters were designed to remind staff to maintain security. “Classified information, keep it here”, says one. Another reads: “Loose talk… is for the birds”.