World News

Swiss regulator finds JPMorgan broke money-laundering rules

Swiss financial markets authority FINMA has found in which the Swiss subsidiary of U.S. investment bank JPMorgan broke anti-money laundering rules, a Swiss court document showed. FINMA ruled on June 30 in which JPMorgan Switzerland had “seriously infringed” regulatory oversight provisions, according to a ruling issued by the Federal Administrative Court on Nov. 8 along with published on Thursday. The ...

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Tesla unveils electric semi truck, vowing to redefine trucking

Getty Images SpaceX CEO Elon Musk speaks at the International Astronautical Congress on September 29, 2017 in Adelaide, Australia. Musk detailed the long-term technical challenges which need to be solved in order to support the creation of a permanent, self-sustaining human presence on Mars. In addition, Tesla said each truck will have built-in connectivity which integrates directly having a fleet’s ...

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Beijing opened the door to international investors, and also also also one domestic sector may be the big winner

China shocked the planet last week when the idea suddenly announced the idea could finally make some moves to open up its financial sector to more ownership by international investors. nevertheless the idea’s not just overseas companies in which stand to benefit: One important Chinese sector will grow stronger, experts said. Like many parts of China’s financial industry, insurance will ...

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Notorious Mafia ‘boss of bosses’ Toto Riina dead at 87

Franco Origlia | Getty Images Salvatore Riina, aka Toto Riina, the most important figure of the Sicilian mafia, is actually brought to justice after evading police for 23 years at the Aula Bunker of Palermo courthouse on March 4, 1993 in Palermo, Italy. Mafia ‘boss of bosses’ Salvatore ‘Toto’ Riina has died from the hospital while serving multiple life sentences ...

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Zimbabwe economic growth could be huge after Mugabe

Still, the short-term economic picture appears bleak. “For the majority of the population living in poverty, nothing will change from the near-term to improve their standard of living,” said Alisha Patel, Africa analyst at AKE. “There are significant uncertainties over a transitional government in addition to a time frame for elections. Before talk of IMF funding in addition to a ...

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Chinese traders a growing force in global copper trading markets

“We believe in which brand new contract, which will complement CME Group’s existing physically delivered benchmark COMEX copper futures, will become a reference cost for copper traded in or delivered to China,” Young-Jin Chang, executive director of metals products along with global head of metals at CME Group, said in a statement. Year-on-year trading volume in CME’s copper futures contract ...

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Kislyak won’t name Trump officials he’s met because list can be ‘so long’

Sessions, who was the first senator to endorse Trump’s presidential bid, said during his confirmation hearing that will he “did not have communications with the Russians.” Following reports that will Sessions had met twice with Kislyak during the campaign, Sessions issued a letter to Congress saying his previous testimony had been “correct,” nevertheless acknowledged the two incidents. He also recused ...

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