Page 704 - Bloomberg

Big banks let $2 trn in illicit funds move around world: FinCEN Files

Almost 90 financial institutions appear in the roughly 2,100 documents obtained, a fraction of the 2 million reports filed annually.

ByteDance asserts control of TikTok and contests $5 billion fee

ByteDance and Oracle issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue

Chinese aircraft breach Taiwan airspace; raise risk of clash in the region

People's Liberation Army aircraft repeatedly breached the median line between Taiwan and the Chinese mainland last week, in the latest of a series of military exercises in the area

Nikola's founder Trevor Milton quits amid graft claims; shares dip

The resignation marks a remarkable fall from grace for Milton, a 39-year-old college dropout whose fortune soared when he took Nikola public through a reverse merger in June

Trump, China remarks cast a shadow on Oracle's deal for US TikTok

Treasury Secretary Steven Mnuchin remains confident that Trump will sign off on the transaction, but US national security officials continue to raise concerns

Amazon's buying spree for used planes makes green pledge harder to keep

Amazon has been among the biggest lessors of converted Boeing Co. 767s in the last five years as demand for online shopping has soared-more so since Covid-19 struck

Thanks to Covid, jet fuel is so cheap it's being blended for use by ships

The shift, almost unthinkable just a year ago, reflects the obliteration of demand the aviation industry has suffered in the wake of the Covid-19 pandemic

India's Covid-19 lockdown claims another victim; gold smuggling routes

Smugglers of gold have benefited from record high prices and a 12.5% import tax that India imposes on shipments of the metal and additional local taxes

Covid-19: UK comes up with fine of $13,000 for breaking isolation rules

Penalties will start at £1,000 pounds for breaking the restrictions starting from September 28, the prime minister's office said in a statement

China denies its 'unreliable entity list' targets US companies

China said it would continue to welcome foreign investors, open its economy by deepening market reforms, and that it has no intention to target any particular countries or entities

Daimler diesel claims mount as more investors seek damages: Report

Plaintiffs have demanded almost 250 million euros ($296 million) in damages in one case alone and claims in three other cases totaled an additional 100 million euros

Thailand protesters claim victory with a letter to king's council

Tens of thousands gather near Thammasat varsity campus for the biggest anti-govt protest since the 2014 military coup

Saudi firms start talks to form $11 billion chemicals maker; shares surge

The discussions are at an initial stage and no agreement has been reached, the companies said Sunday

US says UN sanctions on Iran back as allies, rivals object; rial falls

Rial fell to a record low against US dollar in the grey market on Sunday

TikTok owner ByteDance seeks $60 bn valuation in Oracle, Walmart deal

Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump

Threat of lethal autumn in Europe as Covid-19 returns in older population

The virus has started spreading in older populations again, according to data from France, Italy, Germany, the Netherlands and the UK

Oracle, Walmart target greater reach, social media toehold with Tiktok deal

Oracle and Walmart together could end up with as much as 20% of the entity, purchased in a round of financing that would precede an initial public offering

As Covid-19 hits family incomes, more girls leaving schools in rural Asia

To determine the impact of the virus outbreak on girls' education, Room to Read conducted a survey of 28,000 girls in Bangladesh, Cambodia, India, Laos, Nepal, Sri Lanka, Tanzania and Vietnam

Covid-19: A town in New Zealand adjusts to life without foreign tourists

Across the country as a whole, foreign visitors spent NZ$17.2 billion ($11.5 billion) in the 12 months to March 2019, accounting for 20% of the country's total exports

The Modi govt must forget pakoras and let the likes of Toyota create jobs

When India should be presenting itself as an alternative to China by making it easy for enterprises, we find the old and discarded Soviet-style statism creeping back