US sanctions Hezbollah networks in Iraq, son of group leader

BEIRUT (Reuters) – The United States imposed sanctions on Tuesday on four people linked to Lebanon's Hezbollah, who are coordinating the activities of the Iran-backed group in Iraq and have…

Birthday child for Bitcoin, as investors have to accept a loss year-on-year

LONDON (Reuters) – Bitcoin was heading for a year-over-year loss on Wednesday, its 10th anniversary, the first loss since last year's bull market, as the original and largest digital coin…

Ex-Valeant, Philidor executives are jailed for fraud

NEW YORK (Reuters) – A former executive at Valeant Pharmaceuticals International Inc. and the former head of a start-up mail-order pharmacy were sentenced to one year in prison on Tuesday…

Uber defends his business model against British workers' rights

LONDON (Reuters) – Uber defended his business model at the Court of Appeal on Tuesday in the final stages of a long-standing battle over his drivers' self-employment status, a designation…

Citi has granted the license for the Citibank subsidiary in Abu Dhabi

The Citigroup Inc (Citi) logo will be on display at the SIBOS Banking and Financial Conference in Toronto, Ontario, Canada on October 19, 2017. Picture taken on October 19, 2017.…

The British OFS refused permission to prosecute Barclays for fundraising in 2008

LONDON (Reuters) – A high court judge has rejected a lawsuit by the Serious Fraud Office to prosecute Barclays (BARC.L) on capital raising in 2008, possibly the biggest remaining legal…

Britain's OFS refused permission to reinstate charges against Barclays

A Barclays Bank building is seen at Canary Wharf in London, UK, May 17, 2017. REUTERS / Stefan Wermuth LONDON (Reuters) – A judge on Friday rejected the Serious Fraud…

Volkswagen held kick-off meeting for 2019 Taton IPO: Sources

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) held a first meeting to discuss the plans for the IPO of its Traton truck unit, which will be the largest in Germany in 2019,…

Saudi says it will offer a series of privatization agreements by March

RIYADH (Reuters) – Saudi Arabia will give international investors the opportunity to invest in a series of privatization contracts for health care and desalination over the next six months, said…

Fed downplays political headache by the decline in the Bank’s reserves

NEW YORK (Reuters) – the Federal Reserve downplayed any disruption, its instruments from a drop last month in the so-called excess reserves, which flow among banks After minutes meet published…