Showing 1 - 10 of 97
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.
Boom and bust: Quakes define legacy of Turkey's 'Erdonomics'
AFP, Published on 07/05/2023
» ISTANBUL - The earthquake's frightening rumble came deep in the night. Its ferocity killed thousands of people in their sleep and helped bring down a Turkish government.
Recovery underway in tornado-hit Mississippi, 25 dead
AFP, Published on 26/03/2023
» ROLLING FORK, US: Mississippi started clean-up operations on Sunday after a destructive tornado tore across the state, killing at least 25, shredding houses and largely wiping out the small town of Rolling Fork.
Thousands of hospital doctors walk out in latest UK strike
AFP, Published on 13/03/2023
» LONDON - UK hospital doctors on Monday began a three-day strike over pay at the start of a week that will also see teachers, train staff and civil servants walk out, in the latest wave of industrial action.
'Hopeless': Chinese homebuyers run out of patience with developers
AFP, Published on 12/08/2022
» BEIJING - Newly married and with his first child on the way, auto worker Wang wanted to move into the apartment he bought in Wuhan three years ago but those hopes were dashed by China's ballooning property crisis.
Boom or bust as Spain, Italy get biggest slice of EU fund
AFP, Published on 25/06/2021
» MADRID : Spain and Italy will receive the lion's share of the 750-billion-euro EU rescue fund but opinions vary over whether it will help their economies roar back to life or go to waste.
Big US companies pushed to tally progress on racial justice
AFP, Published on 23/05/2021
» NEW YORK - The killing of George Floyd prompted a wave of promises from corporate America to advance racial equity. Nearly a year later, large US companies are under pressure to show progress on fulfilling those promises.
JPMorgan Chase urges Biden team to enact more stimulus
AFP, Published on 08/12/2020
» NEW YORK - JPMorgan Chase is urging the incoming Biden administration to support additional aid to people left jobless by the Covid-19 pandemic as a way to address income inequality, a banking source said Monday.
African American banks pivotal as ever for minorities in US
AFP, Published on 07/06/2020
» NEW YORK - When she needed capital to expand her business, Ernisha Randolph was just one of countless African Americans to encounter roadblocks despite having no history of financial trouble.
US braces for 'hardest' week in virus battle as British PM hospitalised
AFP, Published on 06/04/2020
» LONDON - The coronavirus threatened Americans with their hardest week in living memory on Monday and put Britain's prime minister in hospital, despite early signs that some of Europe's hardest-hit countries may be turning a corner.