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Cypriot banks and companies registered in Cyprus are involved in one of the world’s largest financial fraud schemes which allowed criminals to launder more than $20.8bn (€19.2bn) from Russia, a joint investigative project has revealed. The scheme, dubbed the “Russian Laundromat,” involved mainly fictitious loan agreements between companies set up by criminals outside Russia which […] The post Cypriot banks, firms also involved in the “Russian Laundromat” appeared first on Cyprus Mail…
03.23 / 23:04
cyprus-mail.com
Latin Americans in general remain confident about short-term personal finance and job prospects After a positive third-quarter, Latin American consumer optimism regarding employment, personal finances and spending intention remained at 85 points, the latest Nielsen Global Confidence Consumer Survey shows. The figure is the same as the third-quarter, but five points above the first quarter…
03.23 / 23:01
latintrade.com
Economic recovery in the Eurozone is stable, according to the economic bulletin of the European Central Bank, quoted by BNR. ‘’Incoming data, notably survey results, have increased the Governing Council’s confidence that the ongoing economic expansion will continue broaden’’, the ECB said in its regular economic bulletin. ‘’Surveys point to a robust growth momentum in the first quarter of 2017’’. But even as growth picks up, the ECB warned that the rise in inflation will be more subdued …
03.23 / 23:01
novinite.com
Greece is the fourth largest investor in Bulgaria after Austria, Holland and Germany for 2016. According to a report of the Greek Embassy, the total value of Greek investments in Bulgaria in 2016 was EUR 2.5 B, compared to EUR 2.4 B in 2015. Bi-lateral trade reported a 7% increase in the exports of Bulgarian goods and a 3.5 % slump in Greek exports to Bulgaria. The increase for Bulgaria is due to exports to Greece of electricity, wheat, sunflower oil, chicken meat, clothes and…
03.23 / 23:01
novinite.com
For the first time in more than a decade, Goldman Sachs Group Inc has managed to avoid any proxy battles with activist shareholders by convincing investors and securities regulators that voting on several proposed corporate policy changes were…
03.23 / 20:59
www.channelnewsasia.com
U.S. healthcare conglomerate Johnson & Johnson and JPMorgan Chase & Co became the latest big U.S. companies to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive…
03.23 / 20:59
www.channelnewsasia.com
US stocks dipped on Thursday as the House of Representatives delayed a vote on a healthcare replacement bill seen as a barometer of congressional support for President Donald Trump's…
03.23 / 20:44
www.channelnewsasia.com
Swiss watchmakers expect the market to stay challenging this year with the United States, their second-biggest market, showing no signs of recovering, executives told Reuters at an industry fair in…
03.23 / 20:44
www.channelnewsasia.com
Two Israeli residents have been charged by the U.S. Securities and Exchange Commission with insider trading in Mobileye NV before the maker of sensors and cameras for driverless vehicles agreed to be acquired by Intel Corp for US$15.3…
03.23 / 20:39
www.channelnewsasia.com
Sears' plan to avoid bankruptcy in part by selling off or licensing brands including Kenmore and DieHard may prove difficult because of changing consumer tastes and possible legal…
03.23 / 19:45
www.channelnewsasia.com