Posts From King World News
U.S. authorities are asking European counterparts to seize about $1 billion in assets related to a wide-ranging criminal probe of alleged corruption by three global telecom companies and intermediaries close to the daughter of Uzbekistan’s president, according to court documents and people with direct knowledge of the criminal investigation. The effort is one of the biggest recent moves by U.S. authorities targeting what prosecutors believe are the spoils of alleged
Navinder Sarao, the London-based trader accused by the United States of market manipulation that contributed to the 2010 Wall Street “flash crash”, is set to be freed on bail on Friday after his conditions were modified, one of his lawyers said. Sarao was arrested by British police on a U.S. extradition warrant in April after being charged with wire fraud, commodities fraud and market manipulation by the U.S. Justice Department.
U.S. industrial output advanced at its strongest pace in eight months in July as auto production surged, another bullish sign for third-quarter economic growth that boosts the prospects of a Federal Reserve interest rate hike next month. While other data on Friday showed a dip in consumer sentiment early this month, households were upbeat about their personal finances, a good omen for consumer spending. “It adds to the steady drum-beat
China’s securities regulator said on Friday that the government will allow market forces to play a bigger role in determining stock prices, the first official signal from Beijing that it could be moderating its efforts to prop up its equity markets. “With market fluctuations gradually shifting to normal, from wild and abnormal, we should let the market exercise its function of self-adjustment,” the China Securities Regulatory Commission told a news
U.S. stock index futures indicated a higher open on Friday, as markets looked to inflation data and industrial production figures for July.
It’s time to break out the dinner tuxedos one last time on Downton Abbey. The beloved crossover hit drama is coming to an end and we’ve got even more photos from the final season. But not…
Billy Joel and wife Alexis Joel want you to meet someone! The musician and his wife have debuted their newborn daughter, Della Rose Joel, and she’s absolutely precious! Bella Rose…
Reboots and revivals are all the rave right now on TV, but one series that fans are unequivocally excited about is Prison Break. After months and months of speculation, Fox finally…
Kim Kardashian continues to be the mediator in her family’s arguments. In a preview for Sunday’s I Am Cait episode, we see the E! star try to explain sister Khloé…
Birthday girl Kylie Jenner isn’t the only one turning heads in Mexico! This week, Kendall Jenner flaunted her slim bikini body at Casa Aramara, Joe Francis’ rental…
