Top Islamic bank uncovered internal fraud worth millions
April 30th, 2018
Abu Dhabi’s Al Hilal Bank has uncovered internal fraud as employees helped to steal over $170 million, most now retrieved. Al Hilal Bank PJSC, a top Islamic bank headquartered in Abu Dhabi, has uncovered internal fraud worth more than ...
Luxury brand Gucci and Guess end nine year legal battle over the letter G
April 27th, 2018
After a nine-year long legal battle over the Guess logo and diamond pattern, which Gucci alleges are direct copies of its trademark, the two companies said they had reached an agreement “which will result in the conclusion of all ...
Economics 101: Who Sets Prices?
April 26th, 2018
Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services ...
Blockchain Comp. Co-Founder: China will let solely Cryptoyuan into country
April 23rd, 2018
On the sidelines of the economic forum in Yalta, Russia, Sputnik has talked to Huan Zhang, co-founder of DAEX Blockchain Group Limited, about the current cryptomarket developments in China as well as the prospects of joining forces with Russia ...
The Euro and Japanese yen fell, Asian equities dropped
April 20th, 2018
Asian equities dropped as technology shares came under earnings-related pressure and materials shares fell. Treasuries steadied after the global climb in yields that gripped markets early in 2018 made a comeback. Stocks in China underperformed with those in Hong ...
Senior Compliance Officers
April 16th, 2018
Senior Compliance Officers Reference Number: SCO1018 The position: We are looking for passionate and self-motivated professionals to join the Compliance Department! The main responsibilities of the position include: Working closely with the Senior Management in drafting the internal AML/CFT ...
Junior Compliance Officers
April 16th, 2018
Junior Compliance Officers Reference Number: JCO1018 The position: We are looking for passionate and self-motivated professionals to join the Compliance Department! The main responsibilities of the position include: Assisting in the development of the internal AML/CFT compliance manuals, policies ...
$27 million in stock sales of purported cryptocurrency company freezes
April 16th, 2018
The Securities and Exchange Commission has obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal distributions and sales of restricted shares of Longfin Corp. stock involving the company, its CEO, and three other ...
Why A Dollar Collapse Is Inevitable
April 13th, 2018
“Naturally, the smooth termination of the gold-exchange standard, the restoration of the gold standard, and supplemental and interim measures that might be called for, in particular with a view to organizing international credit on this new basis, will ...
EU plans more powers for consumers to sue companies
April 12th, 2018
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. Wednesday’s proposal by the EU executive would allow some groups ...
