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May 24, 2022

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Glencore prepares to pay up to $1.5 bln to settle U.S., UK, Brazil probes

Reuters
Glencore agrees settlements in U.S., Brazil Glencore Energy (UK) charged with bribery over oil operations UK sentencing hearing called for June 21 LONDON, May 24 (Reuters) – Glencore Plc (GLEN.L) said on Tuesday it anticipates paying up to $1.5 billion to settle accusations of bribery and market manipulation by U.S.,......

Vietnam sacks head of the country’s main stock exchange over “wrongdoing”

Reuters
An investor is seen reflected on stock market screens at a securities company in Hanoi, Vietnam, April 20, 2016. REUTERS/Kham Register now for FREE unlimited access to Reuters.com Register HANOI, May 21(Reuters) – Vietnam has fired general director of its main Ho Chi Minh Stock Exchange (HoSE), the government said......

Putin promises to bolster Russia’s IT security in face of cyber attacks

Reuters
May 20 (Reuters) – President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign “state structures” had increased several times over and that Russia must bolster its cyber defences by reducing the use of foreign software and hardware. The websites of many state-owned companies......

ABN Amro shares fall as money-laundering provision boosts costs

Reuters
ABN AMRO logo is seen at the headquarters in Amsterdam, Netherlands May 14, 2019. REUTERS/Piroschka van de Wouw Register now for FREE unlimited access to Reuters.com Register ABN Amro reports stronger-than-expected Q1 net profit Costs higher than anticipated Shares trade down 10% FY net interest income now expected at top......

Canon loses court challenge against EU fine over 2016 acquisition

Reuters
People are silhouetted against a display of the Canon brand logo at the CP+ camera and photo trade fair in Yokohama, Japan, February 25, 2016. REUTERS/Thomas Peter/Fies Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 18 (Reuters) – Japanese camera and printer maker Canon (7751.T) lost its......

Allianz to pay $6 billion in U.S. fraud case, fund manager charged

Reuters
NEW YORK/MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) agreed to pay more than $6 billion and its U.S. asset management unit will plead guilty to criminal securities fraud over the collapse of its Structured Alpha funds early in the COVID-19 pandemic. Allianz’s settlements with the U.S. Department of......

Italy prevents pro-Russian hacker attacks during Eurovision contest

Reuters
Spectators watch the final of the 2022 Eurovision Song Contest in Turin, Italy, May 14, 2022. REUTERS/Yara Nardi Register now for FREE unlimited access to Reuters.com Register MILAN, May 15 (Reuters) – Italian police thwarted hacker attacks by pro-Russian groups during the May 10 semi-final and Saturday final of the......

Exclusive: Ukraine war spurs U.S. to ramp up security probe of software maker Kaspersky

Reuters
WASHINGTON, May 9 (Reuters) – The Biden administration ramped up a national security probe into Russia’s AO Kaspersky Lab antivirus software earlier this year amid heightened fears of Russian cyberattacks after Moscow invaded Ukraine, three people familiar with the matter told Reuters. The case was referred to the Commerce Department......

Documents found by Fiji on superyacht implicate its Russian owner – FBI

Reuters
FILE PHOTO – A screen grab from a drone video footage shows a Russian-owned superyacht ‘Amadea’ docked at Queens Wharf in Lautoka, Fiji May 3, 2022. Reuters TV via REUTERS Register now for FREE unlimited access to Reuters.com Register SYDNEY, May 6 (Reuters) – Fiji authorities searching a yacht they......

Morgan Stanley’s German branch searched by prosecutors

Reuters
BERLIN, May 3 (Reuters) – The German branch of Morgan Stanley was searched by prosecutors in Frankfurt in relation to “past activity” on Tuesday, a spokesperson for the U.S. bank said. German prosecutors said earlier Tuesday that they were searching a bank in Frankfurt as well as the private homes......

Apple hit with EU antitrust charge over mobile payments technology

Reuters
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar//File Photo Register now for FREE unlimited access to Reuters.com Register BRUSSELS, May 2 (Reuters) – Apple faces a possible hefty fine and may......

India seizes $725 million in Xiaomi assets over illegal remittances

Reuters
Staff members stand near the company logo at a Xiaomi store in Shanghai, China November 1, 2021. REUTERS/Aly Song/Files Register now for FREE unlimited access to Reuters.com Register NEW DELHI, April 30 (Reuters) – India said on Saturday it had seized $725 million from the local bank accounts of China’s......

Judge ‘surprised’ at Trump claim he has no documents sought in probe

Reuters
NEW YORK, April 29 (Reuters) – A New York judge expressed surprise on Friday that Donald Trump, a man he described as perhaps the world’s most famous real estate developer, was unable to provide any documents sought in a probe of the Trump Organization, his family company. Justice Arthur Engoron......

U.S. Justice Department sues ex-Trump aide Manafort for $3 million

Reuters
April 28 (Reuters) – Paul Manafort, who served as former President Donald Trump’s 2016 campaign chairman, is being sued by the U.S. Justice Department for just under $3 million for not reporting his financial interest in foreign accounts in a timely fashion. Manafort, who was convicted in 2018 on tax......

Biden seeks huge $33 billion funding to support Ukraine

Reuters
WASHINGTON, April 28 (Reuters) – President Joe Biden asked Congress for $33 billion to support Ukraine – a dramatic escalation of U.S. funding for the war with Russia – and for new tools to siphon assets from Russian oligarchs. The vast funding request includes over $20 billion for weapons, ammunition......

Microsoft discloses onslaught of Russian cyberattacks on Ukraine

Reuters
April 27 (Reuters) – Russian government hackers carried out multiple cyber operations against Ukraine that appeared to support Moscow’s military attacks and online propaganda campaigns, Microsoft (MSFT.O) said in a report on Wednesday. The reported intrusions – some of which have not been previously disclosed – suggest that hacking has......

Spain’s King Felipe reveals 2.6 mln euros in wealth in bid to make Royal House more transparent

Reuters
Soccer Football – Copa del Rey – Copa del Rey – Final – Real Betis v Valencia – Estadio La Cartuja de Sevilla, Seville, Spain – April 23, 2022 King Felipe VI of Spain is seen in the stands before the match REUTERS/Jon Nazca Register now for FREE unlimited access......

New York judge holds Trump in contempt for failing to comply with subpoena

Reuters
April 25 (Reuters) – A New York judge on Monday held former President Donald Trump in contempt of court for not producing documents subpoenaed in the state attorney general’s civil probe of his business practices, and ordered Trump to be fined $10,000 per day until he complies. Trump lost a......

Myanmar’s Suu Kyi awaits verdict in first corruption case

Reuters
Myanmar’s State Counsellor Aung San Suu Kyi attends Invest Myanmar in Naypyitaw, Myanmar, January 28, 2019. REUTERS/Ann Wang Register now for FREE unlimited access to Reuters.com Register April 25 (Reuters) – Deposed Myanmar leader Aung San Suu Kyi faces a possible 15 years in prison on Monday, when a court......

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