Facebook currency project ‘cannot go forward’ until concerns addressed: Powell
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook’s plan to build a digital currency called Libra “cannot go forward” until serious concerns...
U.S. appeals court hands win to Trump in hotel ’emoluments’ case
U.S. President Donald Trump on Wednesday scored a crucial victory in a Democratic-backed lawsuit that accuses him of violating anti-corruption provisions of the U.S. Constitution...
EU court rules against Denmark in remarriage immigration case
Denmark was wrong not to allow a Turkish woman to be reunited with her husband and children in the country, the EU’s top court ruled...
German far-right party shaken by rising sway of hardliner Hoecke
Scores of senior members of the far-right Alternative for Germany (AfD) party condemned on Wednesday the rising influence of a local leader who is militantly...
Facebook digital currency plan raises ‘serious concerns’: Fed chief
U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook’s plan to build a digital currency called Libra raises “serious concerns” that merit a...
Skeptical Deutsche Bank investors to grill Sewing on revamp roadshow
Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver on revenue growth targets during a global roadshow to win...
Morocco’s Platinum Power partners with China’s CFHEC on $300 mln hydropower project
Renewable energy investor Platinum Power, minority-owned by U.S. private equity firm Brookstone Partners, has teamed up with China’s CFHEC to build a $300 million hydropower...
Greater response needed to worsening West African violence: U.N. head
Islamist attacks are spreading so fast in West Africa that the region should consider bolstering its response beyond current military efforts, and donors should back...
U.S. Senate Foreign Relations chairman offers human rights bill on Saudi Arabia
The U.S. Senate Foreign Relations Committee’s Republican chairman, Senator Jim Risch, has introduced legislation seeking to push back on Saudi Arabia over human rights and...
Exclusive: West, Japan rebuke China at UN for detention of Uighurs
Nearly two dozen countries have called on China to halt its mass detention of ethnic Uighurs in the Xinjiang region, the first such joint move...