In a significant development, an investment industry leader has urged U.S. regulators to require U.S. listed companies to disclose greenhouse gas emissions data and worker demographic information, in efforts to make such details available to ordinary shareholders. This call from… Read More ›
Regulations & Legal
Governor of Lebanon’s cenral bank under suspected money laundering investigation
In a report, Agence France-Presse said, French prosecutors have started a preliminary investigation into suspected money laundering operations by the governor of Lebanon’s central bank. Riad Salameh has come under investigation for conspiracy and organised money-laundering, said the report citing… Read More ›
National Australia Bank under investigation for suspected breach of anti-money laundering and counter terrorism laws
On Monday, the National Australia Bank disclosed it is under investigation for suspected non-compliance to anti-money laundering and counter-terrorism laws, sparking concerns of higher compliance costs and potential fines. According to Australia’s financial crime regulator, there were “areas of serious concern”… Read More ›
Investment Ban In Dozens Of Chinese Defense And Tech Firms Expanded By Biden Administration
A ban on investing by entities of the United States in dozens of Chinese companies that allegedly have ties with defense or surveillance technology sectors was imposed by the United States president Joe Biden as he signed an executive order… Read More ›
Higher Than Expected Rise In Euro Zone Producer Prices In April
There was a more than expected rise in the producer prices in the euro zone in the month of April driven by a sharp rise in the prices of energy products, showed data published by the European Union’s statistics office… Read More ›
Unrestricted travel between Britain and Europe possible from July onwards: Ryanair’s CEO
Despite Britain’s move to curtail travel, Ryanair’s CEO said, he was optimistic about the possibility of an unrestricted travel between Britain and Europe from July onwards. “When people are travelling in July and August there will be no restrictions on… Read More ›
Hungary blocks joint EU statement critical of China’s Hong Kong policy
On Friday, German Foreign Office State Secretary Miguel Berger tweeted that the European Union must finds ways to address ways of managing dissent, including qualified majority voting on foreign policy, following Hungary blocking a joint EU statement that was critical… Read More ›
Britain-Australia trade deal could potentially be signed mid-June
On Thursday, Britain’s envoy to Australia said, both countries have held another round of talks towards a free trade deal. A trade agreement could potentially be signed between the two sometime in mid-June. Britain’s trade deal with Australia is one… Read More ›
Deloitte PLT paid $80M to settle its role in 1MDB scandal
On Thursday, in a statement Malaysia’s Ministry of Finance said, it had received $80 million from audit firm Deloitte PLT, as part of a settlement deal related to 1Malaysia Development Berhad (1MDB) scandal. It went on to add, it is… Read More ›
Britain set to join Comprehensive and Progressive Agreement for Trans-Pacific Partnership
On Wednesday, members nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially agreed to allow the United Kingdom to start the process of joining the pact, said Japan’s economy minister in a statement. Welcoming the start of… Read More ›