Friday, April 19, 2019

German police raid Deutsche Bank in ‘Panama Papers’ probe

FRANKFURT: German prosecutors raided several Deutsche Bank offices in the Frankfurt area on Thursday over suspicions of money laundering based on revelations from the...

Tesla starts hiring for new $2 billion Shanghai plant

BEIJING: Tesla Inc has started hiring for a new factory in Shanghai, according to job postings on its website, just a month after the...

Morgan Stanley unit to pay $10 million fine for violations

New York: Wall Street’s industry funded watchdog fined the US brokerage unit of Morgan Stanley $10 million today for compliance failures in the firm’s...

Is North Korea secretly continuing its nuclear programme?

Reports that North Korea is continuing its weapons programme, despite pledges to denuclearise, have cast doubt on its sincerity in peace talks. The recent reports,...

Facebook adds user-control feature for News Feed

SAN FRANCISCO: Facebook has introduced a new feature titled "Why am I seeing this post" to help users understand and control the kind of...

Barclays Brexit preparation sets bar for top banks

FRANKFURT: Barclays plc's plan to quickly move European business to Dublin in preparation for Brexit is one of the most ambitious yet and gaining...

Fashion Week Parties: Night 4

All right. Well, take care yourself. I guess that's what you're best, presence old master? A tremor in the Force. The last time felt...

ADB boosts efforts for good governance, transparency

ISLAMABAD: The Asian Development Bank (ADB) is intensifying ongoing efforts to promote good governance among its developing member countries (DMCs), according to the Office...

Australian banks lobby regulator on big subordinated debt order

HONG KONG: An Australian regulatory push to boost banks’ capital buffers, which is expected to unleash about A$83 billion ($60 billion) of new junior...

IMF faces dilemma of China debt as nations seek help

WASHINGTON: The IMF has warned for more than a year of rising debt levels in low income countries. Now, bailout talks with Pakistan and...

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