DOJ Charges 47 With $250M Pandemic-Related Fraud
The Department of Justice charged 47 people on Tuesday in what it calls the largest pandemic fraud scheme.
Exclusive-Probe Into IDB Chief Supports Allegations Of Relationship With Staffer -sources
An independent investigation found evidence that the Inter-American Development Bank's (IDB) chief, Mauricio Claver-Carone, engaged in an intimate relationship with a staffer, in a review by an outside firm prompted by whistleblower allegations, two sources briefed on the probe told Reuters.
Investment Banks Revenue Shake-up Looms In 2023, Barclays Boss Says
Investment banks are likely to see a shake-up in revenues next year, with a rebound in banking and advisory fees expected to soften a hit from a fall in trading income, Barclays' CEO C.S.
Torture Victims Come Forward After Russian Retreat
Torture victims come forward after Russian retreat
Germany In 'Final Discussions' Over Uniper Nationalisation
Germany in 'final discussions' over Uniper nationalisation
Mexican Used-car Startup Kavak Lands $810 Million In Debt Financing
Mexican used-car platform Kavak on Tuesday said it had secured $675 million in financing from HSBC to back the company's car loan offerings, adding to other recent credit lines agreed with Goldman Sachs and Santander totaling $135 million.
U.S. Two-year Yield At Almost 15-year High Before Fed Meeting
The yield on two-year U.S. Treasury notes, a rough gauge of interest rate expectations, rose to almost a 15-year high on Tuesday, a day before the Federal Reserve is likely to hike rates by another 75 basis points to curb surging inflation.
Stocks Tumble In Early Trading Ahead Of Expected Fed Rate Hike
U.S. Stocks fell dramatically in early trading Tuesday. The Dow Jones Industrial Average fell nearly 400 points in the first hour of trading.
The Story Behind The Prolific Journey And Phenomenal Growth Of Salmela In The Recruitment Sector
Cory Salmela has had a riveting professional journey, from being an athlete to coaching the US biathlon team to establishing a successful recruiting agency, Salmela.
U.S. Homebuilding Buoyed By Multi-family Projects; Permits Decline
U.S. homebuilding unexpectedly increased in August as rising rents boosted the construction of multi-family housing to the highest level in more than 36 years, but soaring mortgage rates and high prices are undercutting the overall housing market.
Canadian Inflation Rate Slows To 7.0%, Though Food Prices Hit 41-year High
Canada's annual inflation rate eased more than expected in August even as food prices rose at their fastest pace in 41 years, data showed on Tuesday, with economists saying now smaller rate hikes may be best.
Stellantis Invests In Turin In Push To Boost Low Emission Vehicle Production
Stellantis has chosen Italy's historic carmaking city of Turin for an investment to boost its role in low emission vehicle production and as a centre for the recycling of cars and their parts.
Here's Why Prince George Has An Estimated Net Worth Of $3 Billion
Prince George's net worth stands at $3 billion to date.
Missing Madeleine's Parents Lose Case Against Portuguese Inspector
Missing Madeleine's parents lose case against Portuguese inspector
Adam Levine Net Worth: How Rich Is The Maroon 5 Singer?
Adam Levine's net worth stands at $160 million.
Eleven Schoolchildren Killed In Myanmar Air Strike: UNICEF
Eleven schoolchildren killed in Myanmar air strike: UNICEF
National Mourning Ends In Britain After Queen's Funeral
National mourning ends in Britain after queen's funeral
TPG To Reach First-close Of New Asia Fund At Over $3 Billion - Sources
U.S. private equity firm TPG Inc is set to reach first-close of its new Asia-focused fund at more than $3 billion, two people with direct knowledge of the matter told Reuters.
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World Cup Sponsors Urged To Back Compensation For Qatar Workers
World Cup sponsors urged to back compensation for Qatar workers
Meta's Privacy Obligations May Be Added To German Antitrust Probe, Court Adviser Says
Antitrust authorities may assess whether companies comply with EU data protection rules during their investigations, an adviser to Europe's top court said on Tuesday, dealing a possible blow to Meta Platforms in its fight against the German competition agency.
South Korea Plans Reforms To Tackle 'Korea Discount' For Its Stocks
South Korea plans to announce financial reforms later this year, including its policy on shareholder returns, that could help reduce the "Korea discount" in stock markets, a senior government official told Reuters on Tuesday.
No Catastrophe, But Sanctions On Moscow Are Working, Says Russian Economy Veteran
Russia's economy was on track to expand by 5%-6% in 2022 had Western sanctions not derailed growth for years and ushered in a period of technological stagnation, Russian economy veteran Oleg Vyugin told Reuters.
Japan's Average Land Prices Rise First Since Pre-pandemic - Govt
Japanese land prices rose in the 12 months to July 1 for the first time since before the pandemic, thanks to easing of measures to control COVID-19, an annual land ministry survey showed on Tuesday.
Asian Markets See Rare Rally But Caution Rules As Fed Hike Nears
Asian markets see rare rally but caution rules as Fed hike nears
Exclusive-PepsiCo Ends Pepsi, 7UP Production In Russia Months After Promising Halt Over Ukraine
PepsiCo Inc has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the U.S.
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