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Tuesday, May 30, 2017
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Business

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UK “bad bankers” may be forced to return the last 6 years of bonuses, as the Bank of England is seeking to make top management more responsible for the lenders’ performance and avoid a repetition of the mis-selling and...
The Obama administration plans to sell 5 million barrels, or less than 1 percent of the Strategic Petroleum Reserve, calling the move a test of the petrol distribution system. The last time this happened was in August 1990 before...
An ‘enormous gulf’ has been exposed between the EU and the US through Europe’s reluctance to buy hormone meat or GM food from the US. Industry and labor groups voiced concern to EU and US negotiators that the globe’s...
The general secretary of the largest transport union in the UK has died aged 52. Bob Crow was one of the mostly widely known union leaders in the UK for being at the forefront of disputes with the Government and...
ISLAMABAD: By Usman Cheema - Why to risk life like drug dealers to mint money when more profitable and safe ways are available to make billions of rupees every year i.e. by installing illegal gateway exchanges. Huge amount of money,...
European Central Bank (ECB) head Mario Draghi said the euro currency is “an island of stability” even though growth in the eurozone is slow and unemployment is still rampant. The eurozone is on a path of “modest recovery” Draghi said on Thursday...
Ukraine has missed its payment deadline for gas supplies. As its debt is increasing, Gazprom does not rule out it may cut gas supplies to the country, the Russian energy giant’s head Aleksey Miller has said. “Today, March 7, is...
Barclays is to end its 120-year audit relationship with PricewaterhouseCoopers (PwC) and appoint one of its main rivals in the latest shake-up at the embattled bank. Sky News can reveal that Barclays, which faces a bruising showdown with investors at...
While the comments by Russian presidential advisor, Sergei Glazyev, came before Putin's detente press conference early this morning, they did flash a red light of warning as to what Russian response may be should the west indeed proceed with...
Britain’s tax authority is to stop charging value-added tax (VAT) on Bitcoin transactions. It's just a couple of days after one of the world’s biggest exchanges Mt. Gox collapsed, which has added to growing worldwide skepticism about the currency. In...

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