Showing 1 - 10 of 1,628
Binance to pay billions in US in money laundering case, CEO resigns
AFP, Published on 22/11/2023
» WASHINGTON - Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.
US to ease Venezuela oil, gas sanctions
AFP, Published on 19/10/2023
» WASHINGTON - The United States will ease some oil and gas sanctions against Venezuela after the South American country's government and opposition agreed to hold elections next year.
Microsoft and 'Call of Duty' maker seal tie-up
AFP, Published on 13/10/2023
» LONDON - Xbox maker Microsoft closed its blockbuster acquisition of Activision Blizzard, whose video games include "Call of Duty" and "Candy Crush", sealing one of the biggest technology tie-ups in history after overcoming final hurdles on Friday.
US regulator says Musk dodging Twitter share buy questions
AFP, Published on 06/10/2023
» SAN FRANCISCO - US market regulators on Thursday asked a judge to order Elon Musk to comply with a subpoena to answer questions about his purchases of Twitter shares last year.
Trial of disgraced crypto star Bankman-Fried begins
AFP, Published on 03/10/2023
» NEW YORK - The trial of Sam Bankman-Fried, the former CEO of one of the cryptocurrency industry's biggest exchanges, begins on Tuesday to determine whether he committed massive fraud against more than a million clients.
Philippine Nobel winner Maria Ressa acquitted of tax evasion
AFP, Published on 12/09/2023
» MANILA - Philippine Nobel laureate Maria Ressa was acquitted Tuesday of her final tax evasion charge, the latest legal victory for the veteran journalist as she battles to stay out of prison.
UBS to pay $1.4 bn to settle US fraud charges on subprime loans
AFP, Published on 15/08/2023
» NEW YORK - UBS will pay $1.4 billion to settle US charges that it defrauded investors in the sale of mortgage-backed securities, resolving the last big case stemming from the 2008 financial crisis, the Justice Department announced Monday.
Biden announces curbs on US investments in China
AFP, Published on 10/08/2023
» WASHINGTON - US President Joe Biden on Wednesday issued an executive order aimed at restricting certain American investments in sensitive high-tech areas in China -- a move Beijing blasted as being "anti-globalization".
US credit downgrade 'entirely unwarranted': Yellen
AFP, Published on 03/08/2023
» MCLEAN (UNITED STATES): A US credit downgrade by Fitch was "entirely unwarranted," Treasury Secretary Janet Yellen said Wednesday, pushing back against the second-ever decrease by a major ratings agency following repeated debt limit standoffs in Washington.
Fitch downgrades US credit rating after debt limit standoffs
AFP, Published on 02/08/2023
» WASHINGTON - Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.