By Xie Yu HONG KONG (Reuters) – Chinese property developer Greenland Holdings Corp said on Monday it was seeking its offshore bondholders’ approval to extend repayment on its bonds due…
Toronto, ON (-) Givex, the global IT platform focused on providing merchants with useful customer insights, announced today the launch of GivexPay powered by Adyen, the payments platform of choice…
A doctor licensed in the states of Oklahoma and Texas was sentenced for writing and referring compounded drug prescriptions in return for illegal kickback payments, announced U.S. Attorney Clint Johnson.…
OSLO (Reuters) – Scandinavian airline SAS said on Thursday it will defer interest payments due later this month on its perpetual capital securities as part of the carrier’s restructuring and…
Tampa, FL – A Canadian man was sentenced to 20 years in prison and ordered to forfeit $21,500,000 today for his role in NetWalker ransomware attacks. The Court will order…
Tampa, FL – A Canadian man was sentenced to 20 years in prison and ordered to forfeit $21,500,000 today for his role in NetWalker ransomware attacks. The Court will order…
PORTLAND, Ore.—The U.S. Attorney’s Office for the District of Oregon announced today that full restitution of over $600,000 was obtained from the former operators of two Portland-area strip clubs who…
SHANGHAI (Reuters) – Chinese real estate developer CIFI Holdings (Group) said the company is in active communication with financial institutions and seeking solutions, in response to news of missed debt…
SHANGHAI (Reuters) – Struggling Chinese property developer Sunac China is seeking to extend the repayment for a 4 billion yuan ($558.35 million) bond for the third time by pushing out…
WASHINGTON (Reuters) – Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir make a lot of sense, a senior U.S. administration official…
PLEA AGREEMENT LOS ANGELES – The former dean of the University of Southern California’s school of social work has agreed to plead guilty to a federal charge that she…
Tampa, Florida – U.S. District Judge Susan C. Bucklew today sentenced Diana M. Hopkins (48, Wimauma) to 37 months in federal prison for wire fraud, access device fraud, and money…
LONDON – Britain’s Unite trade union has negotiated a 2,300 pounds ($2,785.30) cost-of-living payment that will cover 2,730 workers at U.S. truck engine maker Cummins, the union said on Thursday.…
MILAN – Net income at Italy’s Poste Italiane rose 44% in the second quarter to 469 million euros, mainly thanks to strong growth in the payment and mobile division and…
SHERMAN, Texas – A federal grand jury in Texas has indicted former executives and company leaders at Electronic Transactions Systems Corporation (“ETS”) for their conduct in defrauding approximately 7,000 merchant…
By Foo Yun Chee BRUSSELS – Alphabet unit Google said it will from Tuesday cut fees to 12%, from 15%, for non-gaming app developers on its Google Play App Store…
By Nidhi Verma and Aftab Ahmed NEW DELHI – Russia’s Sberbank has yet to process the first payment from Indian Potash Ltd (IPL) under a deal set up before the…
SHANGHAI -State-backed Chinese property developer Greenland Holdings said on Friday it plans to extend the repayment of its $488 million offshore bond maturing in June by one year, according to…
(Reuters) – The Russian rouble firmed past 56 against the dollar on Wednesday for the first time since 2018, and touched a seven-year high against the euro as export-focused companies…
By Rachel Savage and Promit Mukherjee LONDON/JOHANNESBURG – A digital rand in South Africa could cut the high cost of cross-border payments for banks but its introduction is still a…
BONN, Germany – The United States is unlikely to extend a soon-to-expire licence that allows Russia to pay U.S. bondholders, Treasury Secretary Janet Yellen said on Wednesday, which could put…
HONG KONG -Some of Sunac China’s bondholders had not received coupon payments from the property developer on a $750 million offshore bond by the close of Asia business on Wednesday…
(Reuters) – A Russian law firm on Friday said it had filed a lawsuit against U.S. tech giant Apple seeking 90 million roubles ($1.28 million) in damages for consumers affected…
SINGAPORE – Russia’s top producer Rosneft <ROSN.MM> has issued a tender to sell June-loading ESPO Blend crude, in another attempt to get buyers to pay for supplies in full upfront…
HONG KONG – China Evergrande Group’s flagship unit Hengda Real Estate Group Co Ltd said its creditors have approved a six-month extension of a 574 million yuan ($88 million) coupon…