Three of the rarest known US paper bills in existence, dating back to the 19th century, are expected to fetch up to $8 million when they are auctioned in Baltimore next week. The remarkable set includes two $1,000 bills — one from 1869 and another from 1891 — and a …
Read More »UBS fined €3.7bn in a tax fraud case.
Swiss banking giant UBS has been fined €3.7bn (£3.2bn; $4.2bn) in a French tax fraud case. A court in Paris found that the bank had illegally helped French clients hide billions of euros from French tax authorities between 2004 and 2012. UBS said it had consistently contested any criminal wrongdoing …
Read More »India to continue buying Venezuelan oil despite US warning.
India will look into commercial considerations and related factors to determine the value of oil imports from any country, an Indian official said, after a top US official warned countries against buying oil from Venezuela. Earlier this week, U.S. National Security Advisor John Bolton warned countries and companies against buying …
Read More »Brazil | Vale halts bonuses and dividend after dam deaths.
Mining giant Vale says it will curb dividends for shareholders and halt bonuses for managers. Its statement comes as it starts to investigate the dam breach in Brazil which killed 58 people. It is also setting up a committee to offer help to the victims. Rescue teams searching for 300 …
Read More »WTO Launches Investigation Into Trump’s China Tariffs, Official Says.
The World Trade Organization launched an investigation into U.S. President Donald Trump’s tariffs on $250 billion of Chinese goods, ratcheting up tensions as the two nations are set to begin a new round of trade talks, according to an official with knowledge of the probe. The Geneva-based arbiter of trade …
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