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USA charges Platinum Partners founder, others with $1 billion fraud

Attorney in Brooklyn, said in a statement . On or about December, 13, 2015, Nordlicht, Landesman and an unnamed co-conspirator sent emails "that contemplated Nordlicht and Co-Conspirator 1 fleeing from the United States and illustrated their knowled...

Japan passes China as the largest non-US holder

Japan's holdings of U.S. Treasury debt totaled $1.1319 trillion as of the end of October, down $4.5 billion from a month earlier. Figures for foreign ownership of U.S. Beijing purchased U.S. Treasuries to keep its currency weak as it worked to grow...

Yahoo admits it's been hacked again, and 1 billion accounts were exposed

The perpetrators may have landed names, email addresses, telephone numbers, dates of birth, masked passwords, and security questions and answers . There would have to be significant damage to the value of Yahoo's business, like if it caused many...

JCI Continues Decline as US Fed Rate Hike Triggers Fund Outflows

Meanwhile, fixed-rate changes vary from a slight decrease of 0.05% for one-year fixed loans to a 0.26% increase for three-year fixed loans. Indonesia's central bank kept its benchmark interest rate unchanged for a second month as more policy tighteni...

Ronaldo caps dream year with fourth Ballon d'Or

Born into a poor family in Madeira to a cook and a gardener as the fifth child, Cristiano's road to success was full of challenges and adversities, more than what Lionel Messi - another great footballer of his generation had to face. "Any player coul...

PM Modi a 'good reformist': Malaysia PM Razak

The Prime Minister told the gathering that a number of steps have been taken to attract greater FDI and listed the various steps taken in this direction. Roads railways, ports upgraded. India's initiatives including a Project Development Fund and L...

Barclays Capital Issues Price Target With 9.27% Upside On Esure Group Plc

Barclays PLC reissued an "equal weight" rating and issued a GBX 685 ($8.70) price objective on shares of UBM Plc in a research note on Wednesday, August 31st. If you are viewing this news story on another website, it was stolen and reposted in viola...

Reliance Jio Prompts Other Telcos Towards Providing Free Services

The company said these plans are available for all 2G, 3G and 4g customers with a validity of 28 days. These developments are a clear indicator of the intensive degree of competition in the 4G wireless segment. The operator, just like Airtel , has l...

Markets in the green in early trade

The broader NSE Nifty soared 144.80 points, or 1.79 per cent, to close the day at 8,246.85 after shuttling between 8,256.25 and 8,151.75. "The rupee, however, lost its early gains to the U.S. "Key benchmark indices traded the day in a narrow, albeit ...

US moves to block Chinese purchase of German tech firm Aixtron

The Treasury Department announced Friday that Obama would veto semiconductor maker Fujan Grand Chip's acquisition of the US business of Aixtron SE . "We hope the external parties will not over-interpret that or make any political intervention", said...

US investigating leak related to Petraeus case

Each candidate offers different merits and drawbacks, making it a hefty decision for a 70-year-old maverick NY real estate tycoon, who has never previously held office. Once the top US military commander in Iraq and Afghanistan, Petraeus was sentence...

GoPro to cut about 15 percent of workforce

The entertainment division was a recent development by the company, born from an idea to build on the sales that already resulted from viral GoPro-shot videos and stories of the cameras surviving odd conditions. The company anticipates booking most ...

Oil tumbles as output cut looks elusive, shares slip

The benchmark index has risen 12 percent since Donald Trump was elected president earlier this month, which triggered a spike in Treasury yields on heightened expectations of increased fiscal spending and inflation. The dollar plummeted more than 1.6...

4th-Ranked Tar Heels Hand Cowboys First Loss

I was really proud of the way he played tonight. Reports have already named Fedora as a possible candidate for the LSU job, and others could come knocking depending on which positions open up at the end of the year. "It's uncomfortable for me", Wil...

Screwfix digital sales contribute to Kingfisher growth

Like-for-like sales increased 1.8% year-on-year to £2.96bn ($3.7bn) in the three months to 31 October, following a 3% growth in the previous quarter. "Sales have been driven by Poland and the United Kingdom, especially Screwfix, offset by softer sa...

Allow Old Rs.500 Notes For Another Ten Days

Many of them have however found a new job: to stand in the queue to exchange old currency notes of their employers for the new ones for a commission. 'I was told by the officials that their branches in overseas locations are not authorized to exchang...

Banks have enough cash for exchange: RBI

Initial euphoria over being able to withdraw money evaporated as people found that there were no takers for the new Rs 2000 note which they were getting at banks and ATMs. "Further, the vans have to make multiple trips to refill the ATMs as they ge...

Demonetization: RBI announces new steps to decrease cash crunch

In Karnataka, Chief Minister Siddaramaiah took stock of the prevailing situation in the state in the wake of demonetisation of Rs 1,000 and Rs 500 notes by the central government. Cash-strapped people started making a beeline outside ATMs from early ...

Alibaba's Singles Day smashes sales record in 15 hours

Alibaba smashed its Singles' Day shopping record on Friday clocking over 23 percent growth, the Chinese e-commerce giant said on Friday. As of 9 AM (local time), total sales across 16 of China's major e-commerce platforms had already topped ...

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Breaking News

Spithill skippers Oracle to 1st win in America's Cup

DEFENDING champion Oracle Team USA clawed its way back into the America's Cup on Saturday with a much-needed win over Emirates Team New Zealand to reduce its deficit to 1-4 i...

Trump organization ends management of Toronto tower

Trump Hotels and JCF Capital, which has owned the building since late 2016, announced Tuesday that they were ending their contract. The building and another one elsewhere in Van...

Wounded Rep. Steve Scalise out of intensive care

He was near death when he arrived at the hospital and remained in critical condition into this week. Doctors say Congressman Scalise is in fair condition and is in the pro...

Hedge fund star Dan Loeb bets $3.5 billion on Nestle

It said in the letter that it has already had productive conversations with Nestle management. Food companies are under pressure to reduce costs, after Kraft Heinz Co.'s unsucc...

Altice USA Prices Offering at $30 Per Share

The IPO is part of a USA offensive by Drahi and Altice, which operates cable and broadband in 21 U.S. states and competes against American rivals such as Verizon and Comcast....

Biggest US banks clear first hurdle in Fed's annual stress tests

Overall, officials found that in the most severe scenario, companies would have suffered about US$383 billion in losses on loans. Passing the stress test does not necessarily mean ...

Millions of detailed voter records found unprotected on the internet

A California-based cybersecurity firm found a database of almost 200 million American voters - along with their preferences and modeling data - left unsecured on an Amazon c...

Uber board member apologies for remark about talkative women

After fellow board member Arianna Huffington said the presence of a woman on the board was likely to attract other females, Bonderman remarked that it actually meant "more talkin...

Uber Board Said To Be Considering Leave Of Absence For Kalanick

The board met on Sunday to talk about changes regarding the company's management structure. An Uber spokesman had no comment. By taking on entrenched taxi companies and regul...

$3.8 billion Dakota Access oil pipeline begins service

ETP maintains it didn't intentionally do anything wrong in either case. Regulators decided during a Wednesday meeting to hold hearings in either July or August. "This pipeline b...

Special Reports

British PM, rival face angry voters as election nears

British PM, rival face angry voters as election nears

LABOUR will create one million decent jobs and build an economy where the whole country shares its wealth, Jeremy Corbyn pledged yesterday. Corbyn is a far-left politician with pro...

United States unemployment rate dips to 4.3 percent

This also suggests that the jobs market is fairly tight right now and that employers are not feeling pressure to increase either wages or the workweek significantly in order to pre...

All-Star promise: Subban says Preds will win Game 3 vs. Pens

All-Star promise: Subban says Preds will win Game 3 vs. Pens

Through two games in the Stanley Cup Final, Rinne and the Nashville Predators' first trip to the Final, Pekka has been the reason the Predators have lost two straight for the ...

China will stick to Paris climate deal

That's what the top House Democrat is calling President Donald Trump's expected decision to pull the USA from a historic climate agreement. The US administration under Trump ...

Schapelle Corby arrives in Australia after last-minute flight change to avoid media

Schapelle Corby arrives in Australia after last-minute flight change to avoid media

She was taken in a convoy from her Bali villa to the airport, to catch a flight to Brisbane . " Schapelle Corby's name has been famous for 12 or 13 years, she's a brand, ther...