London court forces Glencore to pay record £281m for bribery in Africa
The mining and commodities giant Glencore will be forced to pay £281m in fines, confiscated profits and costs as punishment for “sustained criminality”, the...
UK financial watchdog warns it will stop unfair banks from lending
Britain's Financial Conduct Authority said on Thursday it will stop banks from lending if they fail to treat customers caught in the cost of...
Airline Flyr seeks up to $51 million in cash to survive winter
Loss-making airline Flyr plans to raise up to 530 million Norwegian crowns ($50.73 million) in new equity to alleviate a "very strained financial situation",...
Sterling slumps ahead of BoE decision after Fed hikes rates again
Sterling dropped against the dollar on Thursday after the Federal Reserve jacked up interest rates again, and as traders awaited the latest decision from...
Gold coins to the rescue in Zimbabwe
As at 22 September 2022, a total of 9,516 gold coins valued at Z$9bn (US$1=Z$650) had been sold to both individuals and corporate buyers,...
