BUSINESS

The Swiss banking giant UBS has been fined close to $400 million for misconduct by its recently-acquired subsidiary, Credit Suisse, the US Federal Reserve announced Monday.

When it first opened in 2019, Migom Bank sought to answer the surging demand for international payment services.

Anthony Dominick Benedetto was born in Queens to a grocer dad and a seamstress mom into poverty, to the world he became famous as Tony Bennett.

In a scene Ford hopes to see across Europe "soon", the first hands-free car model allowed on the UK's fastest roads zoomed down a motorway before slowing down as the back of a truck appeared.

Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered pace on the back of cuts in manufacturing, a key survey said Monday.

Dutch medical tech firm Philips posted a nine percent jump in second-quarter sales and a return to profit on Monday as it bounces back from a global recall of sleep respirators.

Late on Sunday night, Elon Musk changed his profile picture to the company's new interim logo -- a white X on a black background -- and changed his Twitter bio to "X.com". Musk said the company was "Going with (a) minimalist art deco" logo, and that "X.com now points to twitter.com."

Assault rifles at the ready, binoculars pointed at the Russian shore, the patrol boats carrying Norwegian soldiers power up the Pasvik River at full speed.

China's Foreign Minister Qin Gang has not been seen in public for almost a month, sparking a flurry of questions over his whereabouts.

Equities mostly rose Monday in Asia with investors gearing up for policy decisions at major central banks this week, while concern over the Chinese economy continued to dampen sentiment.

Another interest rate hike appears a near certainty when ECB policymakers meet Thursday as inflation remains high, but the central bank faces increasing discontent among countries scared high interest rates will hurt growth.

Photo apps digitally undressing women, sexualized text-to-image prompts creating "AI girls" and manipulated images fueling "sextortion" rackets -- a boom in deepfake porn is outpacing US and European efforts to regulate the technology.

Paris' airports face a double challenge during the Olympics next year -- already under huge pressure, they will also be the first impression that many foreign visitors get of the Games.

Spain's Pedro Sanchez, a consummate risk-taker known for daring political gambles, proved polls predicting a rout for the left wrong in Sunday's election, in the latest challenge of his rollercoaster political career.

Twitter owner Elon Musk hinted late Saturday night that he may ditch the social media network's blue cartoon bird branding -- and soon -- for an edgier logo based on an "everything app" he has long alluded to called only X. "Soon we shall bid adieu to the twitter brand and, gradually, all the birds," he tweeted around midnight, implying an end to the imagery from where the very word "tweet" stems.

After pausing in June, the US Federal Reserve is widely expected to hike interest rates again on Wednesday, adopting its most restrictive monetary stance for 22 years despite recent signs of slowing inflation.

Officials on the Greek island of Rhodes evacuated thousands of locals and tourists from villages in the southeast of the Aegean island, where wildfires were raging out of control for a fifth day.

Cambodians will vote Sunday in an election that longtime leader Hun Sen is all but guaranteed to win as he looks to secure his legacy by handing the reins to his eldest son.

Australia and the United States rehearsed precision missile strikes during war games on Saturday as Canberra overhauls its military strategy in favour of long-range firepower.

Iraqi security forces on Saturday dispersed about 1,000 supporters of Shiite Muslim cleric Moqtada Sadr who tried to march to Baghdad's Green Zone housing foreign embassies, believing a Koran had been desecrated in Denmark.

Incense drifted across a classroom as Cambodian election workers sought spiritual blessings for their makeshift polling station, ahead of a vote that leader Hun Sen needs no divine intervention to win.

Iraqi security forces on Saturday dispersed roughly 1,000 supporters of Shiite Muslim cleric Moqtada Sadr who tried to march to Baghdad's Green Zone housing foreign embassies, believing a Koran had been desecrated in Denmark.

The International Seabed Authority's member nations on Friday agreed on a two-year roadmap for the adoption of deep sea mining regulations, despite conservationists' calls for a moratorium on mineral extraction they say would avert marine threats.

Spain votes Sunday in an early general election which polls suggest no party will win with enough votes to govern alone, making post-ballot alliances necessary.

Dolls in neon pink dreamhouses, scientists at Los Alamos, or both?

Google is reportedly looking to use artificial intelligence to assist major media organizations in writing the news items it distributes around the world.

Russia on Friday opened a case for extremism against former separatist commander and nationalist military blogger Igor Girkin, a hawkish who criticised Russia's leadership.

President Joe Biden got US tech giants to pledge guardrails against risks from artificial intelligence, ranging from cyber-attacks to fraud, ahead of a White House summit Friday on how to manage the expanding sector.

A US judge on Friday ordered Donald Trump's trial for mishandling top secret documents to begin in May of next year, at the height of what is expected to be a bitter and divisive presidential election campaign.