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Two Turkish Ministers Quit After Sons Held In Graft Scandal

Two Turkish ministers resigned on Wednesday after their sons were arrested in a corruption investigation that has pitted the government against the judiciary and rattled foreign investors. Interior Minister Muammer Guler and Economy Minister Zafer Caglayan each had a son...

Exclusive: Target Hackers Stole Encrypted Bank PINS – Source

The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation. One major U.S. bank...

Soaring Compliance Costs Clip Wings Of Mideast, African Banks

While it may be the most common given name in the world, the global banking system seemingly can't cope with Mohammed and its various different spellings. When it comes to false positives - where a person or transaction is incorrectly...

Softbank In Talks To Acquire T-Mobile, Discussing Funding: Sources

Japan's SoftBank Corp (9984.T) is in talks to acquire U.S. wireless carrier T-Mobile US Inc (TMUS.N) and is discussing funding for a deal with financial institutions, sources close to the matter said on Wednesday. SoftBank is looking to have its...

Woodside Stake May Be Split If Shell Sells Out

Royal Dutch Shell's (RDSa.L) 23.1 percent stake in Australian oil and gas group Woodside Petroleum (WPL.AX) is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic...

OPINION: THE GRAND AMBUSH: CHRONICLES OF PRESIDENT JONATHAN’S TRIBULATIONS

One thing is certain about the Jonathan Presidency. It will go down in history as the most attacked presidency in our democratic history – whether rightly or wrongly, history shall tell. His ascension to power as acting President was...

OPINION: AFTER OBASANJO’S AND SANUSI’S LETTERS: THE NEXT STEPS

It is obvious that Mr. Sanusi Lamido Sanusi will not resign his position as I and others had called for. He would not do so because there had not been any precedent of any Nigerian resigning his position because...

OPINION: SOUTH SUDAN CRISIS: A LESSON FOR RABID SECCESIONISTS

The month of July, 2011 marked a turning point in the history of South Sudan. Not only did it eventually come out of over two and half decades of a bloody civil war in Sudan after intense struggle with...

Uduaghan Justifies CAN President’s Support For President Jonathan

… Lauds Cleric’s Role In Peace In Delta BEVERLY HILLS, CA, December 24, (THEWILL) – Delta State Governor, Dr. Emmanuel Uduaghan has justified the support President of the Christian Association of Nigeria (CAN), Pastor Ayo Oritsejafor is giving the administration...

Moyes Hails Team Player Rooney

Manchester United manager David Moyes says striker Wayne Rooney has become a "real team player" at Old Trafford. Rooney's future at United came under scrutiny in the summer when he was linked with a move away from the club. The 28-year-old...

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