Citi and Mercuria have reached a settlement over the metals financing fraud in Qingdao which took place in 2014. The amount is undisclosed, but Citi confirmed the news in a statement that read: “Citi and Mercuria are pleased to confirm that they have reached a commercial resolution in respect of all issues between them relating to the historic base metal
A garden filled with “plants” that manufacture medicines on demand might sound like an idea straight out of the fevered imagination of a science fiction writer, but a team of Dutch researchers has now taken the first step toward making it real. In a study, published Thursday in the journal Angewandte Chemie, researchers from the Eindhoven University of Technology
NEW YORK Top executives of New York-based hedge fund manager Platinum Partners were arrested on Monday and charged with running a $1 billion fraud that federal prosecutors said became "like a Ponzi scheme" as its largest investments lost much of their value. Led by Mark Nordlicht, Platinum was known for years for producing exceptionally high returns -- about 17
Demonstrations erupted Monday in cities across the Democratic Republic of Congo as authorities attempted to contain public resistance toward President Joseph Kabila's refusal to step down from office after his term expires at midnight. Security forces reportedly responded by deploying in large numbers, arresting scores of activists and suspending the country's internet service. Protests struck the eastern city of Guma and
