Archive | June 2014
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International BNP Paribas Expected to Plead Guilty and Pay $8.9 Billion Fine BNP Paribas is set to plead guilty to criminal charges and pay an $8.9 billion penalty to state and federal authorities, according to people briefed on the case. The move would be the culmination of a widespread investigation into the French bank for […]
International USS New York, carrying a Benghazi suspect, has gone dark Where is the USS New York? At 684 feet long and displacing over 24,900 tons, the Mayport, Fla.-based San Antonio-class Amphibious Transport dock is no smart car of the seas. Yet the vessel has gone “dark” for more than a week now. The low profile […]
International Boko Haram Suspected of New Kidnappings in Nigeria Militants are suspected of having abducted dozens more girls and women in northeastern Nigeria, news reports said on Tuesday, reviving concerns about hundreds of schoolgirls who were kidnapped in the same region in April and have yet to be rescued. Quoting witnesses and officials in the […]
International Dubai Stocks Plunge as Builder Questions Swirl DUBAI, United Arab Emirates — Dubai’s stock market plunged 6.7 percent Tuesday after the construction giant that helped raise the Mideast commercial hub’s record-breaking Burj Khalifa skyscraper confirmed it has fired staff following the departure of its CEO last week. The rout, the steepest since August, accelerated […]
International After port fraud, China’s vast warehouse sector under scrutiny (Reuters) – Shaken by a fraud investigation into metal financing in the world’s seventh-busiest port, banks and trading houses have been made painfully aware of the risks they face storing commodities in China’s sprawling warehouse sector. The probe at Qingdao port centers around a private […]