Browsing Tag
WASHINGTON (Reuters) – U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure “responsible use” of non-traditional sources of financial data to help determine whether a potential customer is credit worthy. In a … Continue reading U.S. banking regulators urge ‘responsible use’ of alternative lending data
WASHINGTON (Reuters) – The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in instances when it may be too expensive for the … Continue reading U.S. consumer watchdog proposes exemptions for banks, credit unions on remittances
BOSTON (Reuters) – As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the … Continue reading Off the radar: U.S. CEOs’ jet perks add millions to corporate tax bills
KAMPALA (Reuters) – Uganda has lifted its objections to a South African firm conducting a study for a hydropower dam at a site on the River Nile where spectacular waterfalls and wild game have been a major tourist draw, the … Continue reading Uganda allows study of power project in Murchison Falls national park
NEW YORK (Reuters) – Jay-Z and Iconix Brand Group Inc have settled a series of legal disputes arising from transactions between the rapper and the clothing licensing company dating back to 2007. FILE PHOTO: Shawn “Jay-Z” Carter, a founding partner … Continue reading Jay-Z, Iconix settle lawsuits over licensing, alleged fraud
KIMBERLEY, South Africa (Reuters) – The first South African project to bring illegal miners into the formal fold has been plagued by violence in diamond capital Kimberley, dealing a major blow to national efforts to stem a booming illicit trade. … Continue reading In Kimberley, the world’s diamond capital, illicit mining fight flounders
Kenyan President Uhuru Kenyatta addresses the 74th session of the United Nations General Assembly at U.N. headquarters in New York City, New York, U.S., September 25, 2019. REUTERS/Eduardo Munoz/File Photo NAIROBI (Reuters) – The Kenyan president’s bid to remove a … Continue reading Kenyan president’s bid to remove lending rate cap passes parliament
JAKARTA (Reuters) – Boeing, acting without adequate oversight from U.S. regulators, failed to grasp risks in the design of cockpit software on its 737 MAX airliner, sowing the seeds for a Lion Air crash that also involved errors by airline … Continue reading Indonesia report on 737 MAX crash faults Boeing design, says Lion Air made mistakes
PIXLEY, Calif. (Reuters) – Joey Airoso has always been proud of his cows, whose milk goes into the butter sold by national dairy company Land O’Lakes. Now he has something new to brag about: the vast amounts of gas produced … Continue reading Manure, trash and wastewater: U.S. utilities get dirty in climate fight
ADDIS ABABA (Reuters) – Ethiopia plans to award two telecoms licences to multinational mobile companies by April 2020, the new communications regulator said on Tuesday, an apparent delay in the timeline officials had previously set. Balcha Reba, director general of … Continue reading Ethiopia to issue two telecoms licences by April, behind initial schedule
WASHINGTON (Reuters) – The chairman of the U.S. House Transportation and Infrastructure Committee on Friday said Boeing Co must shake-up its management team and Congress must reform how new airplanes are certified following the disclosure of internal messages about the … Continue reading Senior U.S. lawmaker says Boeing must shake-up management after 737 MAX crashes
LONDON (Reuters) – The world’s first Ebola vaccine was approved by European drugs regulators on Friday in a move hailed by the World Health Organization (WHO) as a “triumph for public health” that would save many lives. A health worker … Continue reading WHO hails ‘triumph’ as Merck’s Ebola vaccine gets EU green light
