RBNZ Deputy Governor Leaves Post Earlier Than Planned After Protocol Breach

New Zealand’s central bank said that Deputy Governor Geoff Bascand left his role earlier than planned after breaching the bank’s protocol by sharing information about a leadership restructure unauthorized. Bascand, whom the Reserve Bank of New Zealand (RBNZ) announced in …

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26 Percent of Kuwaitis Paid a Bribe in Government Offices: Report

A survey conducted by the Kuwait’s Anti-corruption Authority (Nazaha) revealed that more than a quarter of Kuwaiti people have been asked to give a bribe in order to process their government transactions. Another 92 percent of the participants had expressed …

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Volkswagen Loses Appeal Against $125m Fine for Misleading Customers

The High Court of Australia ruled on Friday that Volkswagen AG must pay a record fine of AU$125 million ($91 million) for misleading its customers regarding the diesel emissions of its vehicles in Australia. The Australian Competition & Consumer Commission …

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Evergrande Founder Hui Ka Urged to Use Personal Wealth On Company Debt

Beijing has told the founder of the embattled Evergrande group to use his own money to lessen the company’s massive debt after the company’s crisis brought attention to billions of his wealth. Authorities in China issued the directive after the …

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U.S. House Select Committee Votes to Hold Steve Bannon in Criminal Contempt of Congress

This article was updated at 2021-10-20 12:24.The bipartisan U.S. House select committee investigating the Jan. 6, 2021 Capitol Insurrection unanimously voted to hold Steve Bannon, the chief strategist to former President Donald Trump, in criminal contempt for defying a congressional …

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Republican Representative Jeff Fortenberry Indicted

This article was updated at 2021-10-19 22:06.Republican Representative, Jeff Fortenberry of Nebraska has been indicted on one count of scheming to falsify and conceal material facts and two counts of making false statements to federal investigators investigating illegal contributions to …

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Trump Media Company Merger Being Investigated by Securities Regulators

SEC and FINRA regulatory agencies have launched an investigation on the planned merger of asocial media company backed by former President Donald J. Trump and a  special purpose acquisition company (SPAC) that raised nearly $300 million in an initial public …

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CNN Suspends Anchor Chris Cuomo Indefinitely Over His Role in Helping Governor Brother Andrew Amid Harassment Allegations

CNN has suspended prime time anchor Chris Cuomo “indefinitely” after new documents revealed that he was more deeply involved in helping his brother, former New York Governor Andrew, with the sexual harassment allegations against him. In a statement, CNN said …

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