Three British former foreign exchange traders for major banks have surrendered to US authorities to face criminal charges of market manipulation, the Justice Department announced Monday. The men were...
Three non-governmental associations said Thursday that they had filed a lawsuit against BNP Paribas accusing the bank of "complicity" in the 1994 genocide of the Tutsi minority in Rwanda. The groups...
Roger Federer warmed up for Wimbledon by winning a record ninth title at the Gerry Weber Open in Halle, Germany. The 35-year-old Swiss, who is aiming for a record eighth Wimbledon crown and 19th...
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other major banks to rig a key interest rate, according to a US court filing Monday. The...
New York state bank regulators fined BNP Paribas $350 million for "illegal, unsafe and unsound" currency trading practices that included use of secret hand signals to dupe customers, officials...
The twenty biggest banks in the eurozone booked over a quarter of their 2015 profits in tax havens, with Luxembourg and Ireland the favourite destinations, a report by Oxfam said on Monday. The...
General Motors Co. is selling its loss-making European car business - including Germany's Opel and British brand Vauxhall - to French automaker PSA group. The 2.2 billion euro ($2.33 billion) deal...
Jack Sock of the United States serves against Kei Nishikori of Japan in their quarter final match during day twelve of the BNP Paribas Open at Indian Wells Tennis Garden on March 17, 2017 in Indian...
Oil hovered around three-month lows on Monday, as rising U. S. inventories and drilling activity offset optimism over OPEC's efforts to restrict crude output. Brent crude LCOc1 was down 7 cents on...
World number one Andy Murray was sent packing from the second round of the BNP Paribas Open on Saturday after losing 6-4 7-6(5) to Canadian qualifier Vasek Pospisil. Pospisil delivered the knockout...
World number one Serena Williams has pulled out of upcoming WTA tournaments at Indian Wells and Miami because of a knee injury, organisers said on Wednesday. A statement issued by BNP Paribas Open...
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing the reduction for just six months means the producer group will fall short...
Shares in Toshiba have dived 16% on reports that the embattled Japanese conglomerate faces bigger losses at its US nuclear power business. It is feared Toshiba may have to write down the value of the...
Mr. Mervyn King, former head of the United Kingdom's Bank of England, recently stated that another financial crisis is “certain” and could come sooner rather than later. Mr. King also believes...
Over the last several years along the Indian Ocean coast in East Africa substantial finds of oil and natural gas resources have been under development. A British exploration corporation, Tullow Oil...
French far-right leader Marine Le Pen lacks the resources needed to fund a presidential campaign in 2017 because French banks refuse to lend her National Front party money for political reasons, a...
World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up stocks and commodity prices and kept the dollar at a nine-month high. Factory...
Just like climate change, tobacco kills many people every year. The Framework Convention on Tobacco Control (FCTC) of the World Health Organisation (WHO) is making sure that “the tobacco industry...
The world’s biggest investment banks saw combined revenues sink by 15 per cent in the first half of this year, the most since the aftermath of the financial crisis, underlining the urgency of...
