Finance & Economics

Buffalo Police Officer and Co-Conspirator Arrested, Charged with Operating a Large-Scale Marijuana Grow Operation

U.S. Attorney William J. Hochul, Jr. announced today that Jorge Melendez, 41, and Jason Elardo, 42, both of Buffalo, New York, were arrested and charged by criminal complaint with conspiracy to manufacture more than 100 marijuana plants, maintaining a...

Gas exports from US, Canada being mulled by ExxonMobil

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Oil and gas major ExxonMobil is considering the possibility of exporting natural gas from the US and Canada, CEO Rex...

WikiLeaks founder Assange can be extradited, rules court

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Britain's Supreme Court ruled Wednesday that WikiLeaks founder Julian Assange can be extradited to Sweden over...

Micalizzi fined 3mn pounds for covering up hedge fund losses

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A hedge fund boss who is accused of covering up losses of 250 million pounds ($390 million) has been fined a record 3...

RIT Capital gets foothold in the US through alliance with Rockefeller

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RIT Capital Partners, owned by Europe's banking clan the Rothschilds, has entered into a strategic alliance with...

British brands help Tata Motors post 1.5bn pounds profits

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Booming Chinese demand for Jaguar Land Rover (JLR) helped Indian company Tata Motors post record high sales,...

Thomas Cook turnaround plan receives shareholders nod

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Tour operator Thomas Cook has received shareholder backing to sell and take back on lease part of its aircraft fleet...

Tokyo-based Marubeni to acquire US grain merchant Gavilon in $3.6bn deal

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Japan's largest agriculture trading house Marubeni will be acquiring the US grain merchant Gavilon Group in a $3.6...

Spanish Bankia bailout hits bonds, trigger investor concerns

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Fears grew over the health of Spanish banking sector as the risk premium on the country's debt hit a euro-era high...

Cisco to stop investment in business tablet device Cius

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Networking equipment giant Cisco Systems plans to stop production of its business tablet device Cius, two years after...