Banks and asset managers scored some small victories after U.S. regulators narrowed the scope of a provision in the Volcker rule that restricts banks' ownership stake in hedge funds and private equity funds.
The final version of the Volcker rule,...
Britain's financial watchdog imposed a record 28 million pound ($46 million) fine on Lloyds Banking Group for the way it encouraged staff to sell 2 billion pounds of products that customers did not need.
The probe covered the sale of...
As the desperation of opposition linked new and traditional media reaches a crescendo, they have adopted Goebbels' philosophy that a lie told often enough eventually comes to be accepted by the public as true. It is therefore imperative to...
During the early days of "Abenomics," U.S. businesses were optimistic they could convince Japan's government to make a small change to the nation's tight immigration rules to let more household helpers into the country.
But a year after Prime Minister...
An Islamist opposition leader in Bangladesh won a dramatic stay of execution on Tuesday hours before he was due to be hanged, according to his lawyers, allaying fears for now of a violent backlash less than a month before...
It is no longer news that the Anambra governorship election has come and gone with the official declaration of Dr. Willie Obiano of the All Progressives Grand Alliance (APGA) as winner, by the Independent National Electoral Commission (INEC). But...
Within the week, the Speaker of the House of Representatives, Aminu Tambuwal, did not stop at stirring the hornets’ nest; he took a step that has become common with Peoples Democratic Party (PDP) operatives, when he pumped smoke into...
Deeds and action speak louder than voice. In triumph, Mandela accepted all rainbows of people in South Africa. If there is any lesson to be learned from Mandela, it’s the act of forgiveness and reconciliation. While Africans finds it...
FRENCH PRESIDENT FRANCOIS HOLLANDE (L) SPEAKS WITH FRENCH SOLDIERS AFTER HE PAID TRIBUTE TO TWO FRENCH SOLDIERS WHO WERE KILLED OVERNIGHT, IN BANGUI, DECEMBER 10, 2013.
President Francois Hollande flew into Central African Republic hours after two French soldiers were...
Senior Iranian officials indicated on Tuesday that progress was being achieved in expert-level talks between Tehran and six world powers over the implementation of a landmark nuclear deal.
But they added that the meeting, which began on Monday at the...