A report from the British Parliament’s Treasury Select Committee (TSC) has called for improving anti-money laundering standards post Brexit. On Friday, a panel of British lawmakers stated, Britain should not go soft on anti-money laundering standards in order to win… Read More ›
Day: March 8, 2019
Air-France KLM passenger load factor touches 87.1%
Passenger load is a technical term in aviation parlance that equates to passenger density per flight. A higher figure denotes increased efficiency. On Friday, Air France KLM, which has in the past been the subject of political tensions between France… Read More ›
Stopping work on high speed France-Italy rail line would cost Rome $3.36 billion
The 5-Star Movement, a coalition partner of Italy’s ruling party is fiercely opposed to the rail link. On Friday, Italy’s junior minister for infrastructure Armando Siri told Corriere della Sera, an Italian news daily that if work on the high-speed… Read More ›
Swedbank dragged into Danske Bank’s scandal
Bill Browder, an investor who campaigns to expose corruption, has filed a complaint with Swedish authorities over Swedbank’s alleged links with Danske Bank’s money laundering scandal. On Friday, Swedbank disclosed, it has been notified by Swedish authorities that Bill Browder,… Read More ›
China’s trade surplus in February much lower than forecast
According to analysts, there are multiple factors, including an internal clampdown on riskier lending practices, slowdown in global economy and U.S. trade action, because of which the Chinese economy is cooling down. \ In February 2019, in what is possibly… Read More ›