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The Costa Rican government said 79 companies and 41 individuals are under investigation in connection with its Panama Papers probe. Governments are … Subscriber-Only Content BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin American business. Unique ContentUp-to-the-minute and field-proven industry news in English and Spanish InsightConstantly looking ahead to help the client better […]

LONDON “I heard a thud, turned round and there was a man lying about 10 yards away from me,” Reuters photographer Toby Melville recalls, describing the moment a man fell from London’s Westminster Bridge to the pavement below during Wednesday’s attack. It had been a quiet afternoon in central London and Melville was taking pictures around parliament for stories about Britain’s exit from the European Union. Melville […]

Brent crude oil fell below $50 a barrel for the first time this year after US crude inventories climbed to a fresh record, raising fears that Opec’s attempts to tighten the market are falling short. US crude inventories rose by 5m barrels in the week ended March 17, the US Energy Information Administration reported on Wednesday, triggering an immediate bout of selling that pushed Brent below $50 […]

Former US VP Stresses Role of Governments in Reaching Global Consensus to Fight Climate Change SHARJAH-UAE: March 22, 2017  His Highness Sheikh Dr Sultan bin Mohamed Al Qasimi, Member of Supreme Council and Ruler of Sharjah today attended a conversation panel with Al Gore, former US Vice President and founder-chairman of the Climate Reality Project as part of the sixth edition of International Government Communication Forum (IGCF […]

New revelations reported Wednesday further intensify the spotlight on Paul Manafort, President Donald Trump’s former campaign chair and a longtime friend, who allegedly worked for years to advance the interests of Russian President Vladimir Putin in Ukraine and elsewhere. An Associated Press report says Manafort forged closer ties to the Kremlin and the formerly pro-Russian government in Ukraine than he had previously disclosed, casting another cloud over the […]

Markets now and again behave in ways least expected, none more so than the resilience of emerging market currencies against the US dollar. Two of the main factors underpinning EM foreign exchange flows — globalisation and oil — are going the wrong way. Globalisation looks more vulnerable than ever following the G20 finance ministers’ meeting that pointedly failed to include the need to fight protectionism in its […]

KUALA LUMPUR: Owning a bungalow or semi-detached house for below RM100,000 (US$22,600) is just a dream for most people, but Johor’s Sultan Ibrahim Sultan Iskandar is about to make it reality. The project called Rumah Impian Bangsar Johor (Johoreans’ Dream House) had its soft launch on Wednesday (Mar 22), marking the start of construction for 1,840 units, including bungalows and semi-detached houses.  These will be built in phases […]

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By Goran Tomasevic | LOIYANGALANI, Kenya LOIYANGALANI, Kenya Villagers in northern Kenya have begun to burn piles of animal carcases, hoping to head off an outbreak of disease as their livestock starve to death in the region’s worst drought in five years. The smell of death hangs heavily over Lake Turkana and dried animal corpses dot the cracked mud where the lake has receded, leaving boats stranded […]

Stock markets suffered their worst falls since the election of Donald Trump as Wall Street worries about the prospects for the US president’s pro-business agenda triggered a rush for financial havens. US markets led the declines, with the benchmark S&P 500 index tumbling 1.2 per cent and breaking a run of 109 trading days without a drop of 1 per cent or more. The Dow Jones Industrial […]

Loading Other Articles… Nearly a year after the Panama Papers set off a virtual bomb in the offshore private banking industry, advisors and their clients are still grappling with the aftershocks. In particular, the massive disclosure of private banking accounts re-emphasized the need for advisors to recognize the fine line between legal and illegal methods for hiding assets. The Panama Papers are a collection of 11.5 […]

Ruben Harris is a professional cellist and a recovering investment banker who now leads partnerships in San Francisco for Honor, a healthcare startup focused on seniors. He is also a founder of the Breaking Into Startups podcast. More posts by this contributor: Companies are increasingly investing in workforce development to retrain their employees, but if you’re in your 50’s, it can be intimidating to learn how to […]

Authored by Robert Parry via The Strategic Culture Foundation, The Kagan family, America’s neoconservative aristocracy, has reemerged having recovered from the letdown over not gaining its expected influence from the election of Hillary Clinton and from its loss of official power at the start of the Trump presidency. Former Assistant Secretary of State for European Affairs Victoria Nuland, who pushed for the Ukraine coup and helped pick […]

Center for Public Integrity investigations involving the opioid crisis, state insurance commissioners, South Sudan, broadband access and offshore corporations have been honored in recent days by prestigious journalism competitions. The Center was a winner in three categories of the Society of American Business Editors and Writers “Best in Business” competition, while taking a first place and a second place prize in the Association of Health Care Journalists’ […]

Artificial intelligence (AI) is simultaneously overhyped, misunderstood, and already hugely impactful, according to Pegasystems CTO Don Schuerman, who said many organisations were already successfully using the technology before it became an industry buzzword. Schuerman told ZDNet that he has been encouraging his clients to take a look at what pragmatic AI technologies they can employ to deliver real benefits to how they interact with customers, rather than […]

Nearly a decade on from the financial crisis that took hold in 2007 and put an end to an era, the global economic environment remains unusually challenging. Nonetheless, the efforts that have been undertaken by Bahrain over the past 15 years to reform and diversify its economy, alongside the wider activities by regional governments to address the near-term fiscal challenges, means that the kingdom remains cautiously optimistic […]

By Yawen Chen and Ryan Woo | BEIJING BEIJING Business sentiment at Asia’s top companies rose to its highest in almost two years in the first quarter of 2017, buoyed by positive economic signs from the United States and China that underpinned improved global demand, a Thomson Reuters/INSEAD survey showed. The Thomson Reuters/INSEAD Asian Business Sentiment Index .TRIABS RACSI, representing the six-month outlook of 96 firms, rebounded […]

Stock markets suffered their worst falls since the election of Donald Trump as Wall Street worries about the prospects for the US president’s pro-business agenda triggered a rush for financial havens. US markets led the declines, with the benchmark S&P 500 index tumbling 1.2 per cent — and breaking a run of 109 trading days without a drop of 1 per cent or more. The Dow Jones […]

The biggest challenge facing Joel de la Garza, chief security officer for file sharing giant Box, is juggling the need to be secure with the need to allow for innovation. Speaking with ZDNet in Sydney, the California-based CSO explained that as a security professional, it is always hard for him to say anything positive after spending 20 years exposed to the cybersecurity threat landscape. He said he […]

US banks recorded their steepest slide since the wake of the June Brexit vote as the Treasury yield curve flattened and investors remained concerned that Donald Trump’s policy initiatives might take longer to pass than previously thought. The S&P 500 banks index dropped 3.9 per cent, marking its steepest fall since June 27, according to Bloomberg data. America’s largest lenders were under pressure as Bank of America […]

Canada: The Panama Papers: Canadian Bank Begins Closing Client AccountsMondaq News Alerts (registration)Toronto Tax Lawyer Sabina Mexis discussed a CBC/Toronto Star investigation which looked into Canada’s tax system, specifically the use of Canadian corporations and limited partnerships as part of a complex offshore money laundering and tax evasion … (via Google News)

Top executives from two of the world’s biggest investment banks have warned about the perils of Brexit, saying they have begun to firm up plans to uproot jobs from London ahead of Britain’s departure from the EU. Banks had been among the most vocal opponents of Brexit in the run-up to June’s referendum, donating millions of pounds to the Remain campaign and speaking openly about the thousands […]

Tuesday 18:30 GMT What you need to know ● Sell off in financials drives S&P 500 down 1 per cent● Euro climbs to $1.08 and dollar index slips below 100● 10-year Treasury yield at lowest since start of month● Oil prices come under renewed pressure● Gold heads for fifth daily rise in a row——————- Overview A sharp and sudden sell-off for US financial stocks helped put the […]

By Elisabeth O’Leary | EDINBURGH EDINBURGH While the economic case for Scottish independence once centred on oil, people like company director Niall McLean now argue that trade is the way to ensure their country’s future prosperity – and avoid the damage of the United Kingdom leaving the EU. Turning Scotland, which sells two thirds of its exports to the rest of Britain, into a heavyweight international trader […]

All the three major U.S. indexes opened higher on Tuesday, with the Nasdaq Composite hitting yet another record high, lifted by Apple. Apple (AAPL.O) rose 0.66 percent to an all-time high of $142.40 after the company unveiled a new version of its iPad tablet. The stock was the biggest boost to all the three major indexes. The gains were broad, with all the 11 major S&P sectors […]

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