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PwC work suspended by $77 billion Australian pension fund
PwC work suspended by $77 billion Australian pension fund
By Lewis Jackson SYDNEY Australia's fourth largest pension fund suspended new work with PwC Australia on Tuesday, the
2023-07-04 18:24
Japanese economy shrinks 0.5 percent in third quarter
Japanese economy shrinks 0.5 percent in third quarter
Japan's economy contracted by a worse-than-expected 0.5 percent in the third quarter, government data showed Wednesday, in a further blow to...
2023-11-15 08:46
Transatlantic travel sets up European airlines up for bumper earnings
Transatlantic travel sets up European airlines up for bumper earnings
By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO North American tourists thronging the streets of Europe's top destinations
2023-07-20 14:28
Russian Cash Flood Turns to $5.4 Billion Trickle, Strains Ruble
Russian Cash Flood Turns to $5.4 Billion Trickle, Strains Ruble
Russia’s current-account surplus slumped in the second quarter from its peak a year earlier, reflecting a rapidly worsening
2023-07-11 22:22
Argentina: VP Cristina Fernández says she won't run for president
Argentina: VP Cristina Fernández says she won't run for president
Argentine Vice President Cristina Fernández made it official Tuesday that she will not be running for president again, putting the brakes on an effort by members of her party to push her to become a candidate in the October election. Fernández, who was president 2007-2015, made her decision public through a statement published on her website in which she slammed the judiciary, accusing the courts of trying to forbid her from running for office again as part of an alliance with the opposition. With her decision, the center-left Fernández throws the ruling Peronist party into disarray amid uncertainty over who could be its candidate in this year’s presidential elections. President Alberto Fernández, whose tenure has been marked by an ongoing economic crisis that has included a sharp devaluation of the local currency and annual inflation of more than 100%, already said last month he would not be seeking reelection. “I will not be a puppet of those in power for the sake of any candidacy. I have demonstrated, like no one else, that I prioritize the collective project over personal ambitions,” Cristina Fernández said. The 70-year-old vice president said she’s prevented from running for office by a prison sentence of six years and a lifelong ban from holding public office she received late last year as part of a case involving corruption through public works during her presidency. She has denied all charges and the ruling still has to be confirmed by higher courts before it becomes effective. “I will not engage in the perverse game they impose on us under the guise of democracy,” she wrote. Allies of the vice president have been pushing for her to run for the presidency and regularly chant “President Cristina” during her public appearances. Although Fernández, who is not related to current president Alberto Fernández, had already said she wouldn’t run for president, she often played coy in public speeches. The vice president published her statement days before allies had announced a big rally in downtown Buenos Aires on May 25, which is a national holiday in Argentina, to push her to run. With both the president and vice president out of the running, all eyes are now likely to set on Economy Minister Sergio Massa, a center-right Peronist who has long had presidential ambitions although his tenure in the office he took on last year has not gone as he hoped. Massa had said his goal was for monthly inflation to decelerate to 3% by April. Instead, it accelerated to 8.4%. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-05-17 08:29
How ‘The Flash,’ many years in the works and beset by turmoil, finally reached the finish line
How ‘The Flash,’ many years in the works and beset by turmoil, finally reached the finish line
The Flash may be one of the quickest superheroes in the comics, but getting a movie made based on the characters has been a marathon dating back, in some ways, to the late 1980s
2023-06-09 03:45
Napleton Auto Group Improves Top Ranking Among National Dealer Groups as Most Responsive to Website Customer Inquiries
Napleton Auto Group Improves Top Ranking Among National Dealer Groups as Most Responsive to Website Customer Inquiries
MONTEREY, Calif.--(BUSINESS WIRE)--Sep 18, 2023--
2023-09-18 12:20
Don't store cash in Venmo and PayPal, US regulator warns
Don't store cash in Venmo and PayPal, US regulator warns
Payment apps like PayPal and Venmo might be convenient, but they're not banks — and a federal financial services watchdog is worried that too many consumers are treating them as such.
2023-06-03 00:50
National Security Agency is starting an artificial intelligence security center
National Security Agency is starting an artificial intelligence security center
The National Security Agency is starting an artificial intelligence security center — a crucial mission as AI capabilities are increasingly acquired, developed and integrated into U.S. defense and intelligence systems
2023-09-29 03:55
Goldman to pay $5.5mln to settle US CFTC charges over recording-keeping
Goldman to pay $5.5mln to settle US CFTC charges over recording-keeping
Goldman Sachs will pay a $5.5 million civil penalty to settle alleged recording-keeping violations and for violating a
2023-08-30 00:21
RBI Draining Liquidity Signals Its Intent to Quash Inflation
RBI Draining Liquidity Signals Its Intent to Quash Inflation
The Reserve Bank of India intensified its operations to remove cash from the banking system, showing it wants
2023-06-06 18:25
Philippines, US Resume Joint Patrols Amid China Tensions
Philippines, US Resume Joint Patrols Amid China Tensions
The Philippines and the US resumed joint patrols in the South China Sea on Tuesday, years after they
2023-11-21 18:56