7th May 2018

U.S. regulator orders Jay-Z to testify on sale of clothing brand

The U.S. Security and Exchange Commission (SEC) on Thursday ordered music mogul and businessman Jay-Z to explain details of the sale of his clothing line to determine whether it violated federal security laws. The regulator wants to question Shawn “Jay-Z” Carter about the $200 million sale of his Rocawear clothing… Read More

1st May 2018

Panasonic to pay $280M to settle federal corruption probe

AP — Panasonic Corp. will pay about $280 million to resolve federal charges that executives at its in-flight entertainment unit improperly hid payments to consultants overseas in violation of anti-corruption rules, officials announced Monday. The Japanese electronics giant’s parent company will pay $143 million to the Securities and Exchange… Read More

26th April 2018

U.S. probing Huawei for possible Iran sanctions violations: sources

U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, according to sources familiar with the situation. Since at least 2016, U.S. authorities have been probing Huawei’s alleged shipping of U.S.-origin products to Iran and other countries in… Read More

23rd April 2018

HBOS whistleblower says Barclays case tells others ‘don’t bother’

British whistleblowers will be less likely to speak out, now that the chief executive of Barclays has been allowed to keep his job after trying to unmask an informant at the bank, another whistleblower and the head of a support group said on Friday. Jes Staley (BARC.L) escaped with a… Read More

17th April 2018

US, UK say Russia targets internet hardware for espionage

AP – Washington and London on Monday jointly accused the Russian government of maliciously targeting global internet equipment for political and economic espionage. The two governments said the Russian operations, which allegedly involve planting malware on internet routers and other equipment, could also lay the foundation for future offensive… Read More

3rd April 2018

Sanctions: UN issues fresh blacklists over smuggling to North Korea

The United Nations Security Council has imposed several bans on ships and shipping firms believed to be involved in smuggling goods to North Korea, in line with its wide-ranging sanctions against the challenged regime. Its North Korea Sanctions Committee unanimously approved 49 new UN designations – 21 shipping companies,… Read More

27th February 2018

U.S. threatens action against Iran after Russia U.N. veto

The United States threatened unilateral action against Iran on Monday after Russia vetoed a western bid for the United Nations Security Council to call out Tehran for failing to prevent its weapons from falling into the hands of Yemen’s Houthi group. “If Russia is going to continue to cover… Read More

20th February 2018

Corruption: France rejects Equatorial Guinea’s immunity claim for president’s son

France asked the World Court on Monday to throw out a case launched by Equatorial Guinea, saying the African country was wrongly using the court to shield the son of its ruler from prosecution in France following a corruption investigation. The case before the United Nation’s highest court, formally known… Read More

12th February 2018

North Korea says unable to pay U.N. dues, blames sanctions

North Korea is unable to pay its share of the 2018 U.N. budgets because of international sanctions on its foreign exchange bank and has asked a senior U.N. official for help, the country’s U.N. mission said in a statement. North Korea’s U.N. Ambassador Ja Song Nam met with U.N. management… Read More

26th January 2018

Despite sanctions, North Korea exported coal to South and Japan via Russia – intelligence sources

North Korea exported coal to Russia last year which was then delivered to South Korea and Japan in a likely violation of UN sanctions, three Western European intelligence sources said. The UN Security Council banned North Korean exports of coal last August under sanctions intended to cut off… Read More