REGIONBUSINESSLIFE.COM: Top News and Analysis 2019-09-11, 11:52

UPDATE 1-Facebook's Libra seeks Swiss payment system licence

Facebook's Libra cryptocurrency project is seeking a Swiss payment system licence, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight....

UPDATE 1-Facebook's Libra seeks Swiss payment system licence

Source: reuters.com

CORRECTED-(OFFICIAL)-Facebook's Libra seeks payment system licence from Swiss FINMA The Facebook-led Libra cryptocurrency project is seeking a payment system licence under Swiss financial watchdog FINMA, it said on Wednesday, spelling out in more detail how it hopes to be regulated....
2019-09-11, 11:52

Facebook's Libra seeks Swiss payment system license Facebook's Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said on Wednesday, noting the breadth of the planned services would require broad oversight....
2019-09-11, 09:52

UPDATE 2-Swiss-based Libra will have to meet tough U.S. standards-U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
2019-09-10, 22:00

RBI Allows Payment Of All Recurring Bills Via Bharat Bill Payment System As per BBPS website, the facility would be expanded to include other types of repetitive payments like insurance premium, mutual funds, school fees, EMIs, and municipal taxes, among others....
2019-09-16, 19:39

Swiss indict former German soccer officials over World Cup payment Swiss federal prosecutors have filed fraud charges against three former senior German soccer officials over a suspect payment linked to the 2006 World Cup hosted by Germany, the Swiss Attorney General's office said on Tuesday....
2019-08-06, 13:00

Swiss indict 4 over payment linked to German 2006 World Cup Swiss prosecutors have charged three German organizers of the 2006 World Cup and a former FIFA official with involvement in fraud over the true purpose of a 6.7 million euro ($7.5 million) payment linked to soccer's world governing body       ...
2019-08-06, 15:26

MTA’s new ‘tap-and-go’ payment system rolls out The MTA rolled out its new “tap-and-go” fare payment system at more than a dozen stations in Manhattan and Brooklyn on Friday — but the new tech is already confounding straphangers. “It doesn’t work. It’s supposed to,” said one man as he tried and failed to pass through a turnstile at the 14th...
2019-06-01, 00:26

Polish payment system Blik to be available on Netflix, Uber: PPS CEO Netflix, Uber and other companies will soon accept payments using Poland's Blik, said the chief executive of Polish Payment Standard (PPS), the company behind the system....
2019-06-28, 19:39

Amazon tests Whole Foods payment system that uses hands as ID Forget the titanium Apple Card — Amazon’s latest payment method uses flesh and blood. The e-tailing giant’s engineers are quietly testing scanners that can identify an individual human hand as a way to ring up a store purchase, with the goal of rolling them out at its Whole Foods supermarket chain i...
2019-09-04, 04:13

MTA will soon begin testing new swipe-free payment system Select New Yorkers will soon bid farewell to the dreaded “please swipe again” message on their morning commutes. Starting Friday, the test phase of the MTA’s OMNY program — short for One Metro New York — will officially roll out, allowing for contactless payments to get onto the subway. These paymen...
2019-05-29, 23:52

A blockchain payment system can empower refugees – if they participate in its design In Lebanon, around 350,000 Syrian refugees don’t have access to enough safe and nutritious food. To stem the crisis, the World Food Programme (WFP) of the United Nations introduced an electronic voucher system to distribute food aid. People are given debit cards loaded with “e-vouchers” that they ca...
2019-07-01, 15:39

Rap Music Ditches Dollars for the Cash App Mobile Payment System For decades, rappers have made hard currency a big part of rap music and videos. Now the artists are name-checking a mobile-payments method; ‘Hit me on my Cash App.’...
2019-08-09, 12:26

Timings For Payment System RTGS To Change From August 26, Details Here With effect from August 26, the RTGS system for customer transactions will open at 7 am, instead of the present 8 am. "In order to increase the availability of the RTGS system, it has been decided to......
2019-08-22, 13:52

Facebook Says Libra Cryptocurrency to Be Regulated by Swiss Authorities Facebook said its Libra cryptocurrency will be regulated by Switzerland’s financial watchdog, adding the digital money would never compete with national currencies or undermine the role of central banks....
2019-07-15, 21:00

Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog Switzerland welcomes international scrutiny of the way it oversees the Facebook-led Libra cryptocurrency project and is ready to work with other countries to ensure seamless supervision, the top Swiss financial watchdog said....
2019-09-12, 23:52

Swiss-based Libra will have to meet tough U.S. standards: U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
2019-09-10, 15:39

Swiss National Bank in close contact with authorities on Libra Switzerland's central bank is in close contact with relevant authorities over Facebook's Geneva-based Libra cyptocurrency project, Swiss National Bank Vice-Chairman Fritz Zurbruegg said on Tuesday....
2019-08-27, 13:13

Swiss watchdog expects details on Facebook's Libra by end of month Switzerland's privacy watchdog expects to receive details on Facebook's Libra cryptocurrency by the end of this month, a spokeswoman for the agency said on Tuesday....
2019-08-21, 05:00

Swiss-based Libra will have to meet tough U.S. standards-U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday....
2019-09-10, 21:13

Swiss privacy office wants details on Facebook's Libra crypto project Switzerland's privacy watchdog said on Tuesday it has yet to receive a reply to a July 17 letter seeking details about Facebook's Swiss-based Libra cryptocurrency project, adding it needs the information to determine its oversight role....
2019-07-23, 18:39

Facebook Libra Cryptocurrency Plan Details Still Awaited by Swiss Watchdog Facebook's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday,...
2019-07-24, 09:52

Swiss group that's supposed to oversee privacy for Libra says it hasn't heard from Facebook at all The Swiss Federal Data Protection and Information Commissioner said on Tuesday it had not yet been contacted by Facebook about overseeing privacy protections for the Libra cryptocurrency....
2019-07-16, 20:39

France seeks Facebook Libra cryptocurrency ban in Europe France's economic minister intends to block Facebook's Libra cryptocurrency in Europe, citing threats to financial stability and accountability.Read More...
2019-09-12, 15:52

UK's data watchdog seeks more clarity from Facebook over Libra Britain's data protection watchdog said on Monday that it had joined with its counterparts from around the world in calling for more openness about Facebook's proposed Libra digital currency....
2019-08-05, 18:13

Philadelphia bar seeks payment from St. Louis Blues' 'Play Gloria' craze during Stanley Cup run The Philadelphia bar that inspired the Blues' "Gloria" fad is seeking money from the items that were sold inside and outside of Enterprise Center.       ...
2019-07-16, 20:52

Wind developer seeks proposals for whale monitoring system BOSTON (AP) — The developer of a wind farm off Massachusetts is taking steps to protect the endangered North Atlantic right whale. Vineyard Wind announced Tuesday it’s seeking proposals for an acoustic monitoring system to detect and track the critically endangered species. The company says th...
2019-05-21, 21:52

Huawei seeks trademark for Hongmeng operating system in Peru Chinese telecoms giant Huawei Technologies Co Ltd has asked Peruvian authorities to trademark its "Hongmeng" operating system, a sign it may be deploying a back-up plan in key markets in case U.S. sanctions hit its current business model....
2019-06-12, 22:00

UPDATE 2-Bourse sanctions loom as EU-Swiss talks stall Swiss bourses face losing direct access to EU investors from July 1, as the European Commission reported on Tuesday that talks with Bern over a new partnership treaty had failed to progress....
2019-06-18, 15:13

UPDATE 1-Facebook's Libra will be disruptive, says ECB's Coeure Digital currencies such as Facebook's Libra will disrupt the financial system, either by forcing central banks to innovate or by grabbing a global role that could challenge the dominance of the dollar, ECB board member Benoit Coeure said on Tuesday....
2019-09-17, 21:00

UPDATE 2-Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.5 million) for colluding to rig the multi-trillion dollar foreign exchange market, Switzerland's competition authority said on Thursday....
2019-06-06, 11:01

UPDATE 1-Bombardier declines comment on Swiss train deal profitability Bombardier delivered three double-decker trains to Switzerland this month for a total of 15, it said on Wednesday, but declined to comment after the Swiss rail boss said the company was losing money on the overdue contract....
2019-05-29, 15:00

UPDATE 1-Swiss telecoms takeover target UPC slows revenue slide UPC, the Swiss arm of telecoms company Liberty Global and target of a 6.3 billion Swiss franc ($6.5 billion) takeover bid by Sunrise Communications, reported a narrower 3.6% fall in second-quarter revenue on Thursday....
2019-08-08, 14:39

UPDATE 1-Liberty Global will not amend terms of Swiss unit sale Liberty Global Plc said it would not change the terms of a planned sale of its UPC business in Switzerland to Sunrise Communications despite criticism of the deal from the Swiss telecom firm's largest shareholder....
2019-08-27, 12:26

UPDATE 3-No real hiccups in Swiss stocks trading as dispute with EU worsens Swiss stocks traded without any major glitches on Monday, the first day they were banned from trading on European Union exchanges, as investors entered uncharted territory amid an escalating dispute between Switzerland and Brussels....
2019-07-01, 16:13

UPDATE 1-IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency, Libra, could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday....
2019-07-17, 20:26

UPDATE 2-Swiss blue-chip index rises as stocks banned from EU exchanges Swiss blue-chip stocks rose on Monday, the first day they were banned from trading on European Union exchanges, as investors cheered a ceasefire in the trade war between Washington and Beijing....
2019-07-01, 11:26

UPDATE 1-France says Facebook's Libra not yet viable as G7 minister meet France said on Wednesday the conditions were not ripe for Facebook to go ahead with plans for its Libra digital coin, as G7 finance ministers gathered north of Paris on Wednesday for a meeting focused on reining in the powers of big tech giants....
2019-07-17, 14:52

UPDATE 4-U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
2019-07-17, 20:26

UPDATE 1-Swiss pump maker Sulzer raises full-year sales guidance Swiss pump maker Sulzer AG defied the gloomy global industrial outlook by lifting its full-year sales forecast on Wednesday after a big jump in sales to the oil and gas sector....
2019-07-24, 10:26

UPDATE 1-Facebook's Libra must be 'rock solid' before launch warns BoE's Carney Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on Thursday....
2019-07-11, 18:00

UPDATE 1-U.S. Senate opens hearing into Facebook plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle were set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe....
2019-07-16, 17:13

UPDATE 1-Germany's Scholz: We cannot accept parallel currencies such as Facebook's Libra German Finance Minister Olaf Scholz said on Tuesday policymakers could not accept the emergence of parallel currencies such as Facebook's planned Libra, adding that Berlin would reject any such plans....
2019-09-17, 19:26

UPDATE 4-Fed chief calls for Facebook to halt Libra project until concerns addressed U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin....
2019-07-10, 22:00

UPDATE 2-Facebook vows Libra currency will wait for approval as U.S. airs worries Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity....
2019-07-15, 23:26

EU-Swiss trading dispute has Brexit implications, says Swiss stock exchange boss A stock exchange dispute between Switzerland and the European Union could be a sign of things to come for the U.K., according to the CEO of Switzerland's biggest exchange....
2019-09-09, 17:39

'Miracle' needed for quick EU-Swiss treaty deal, Swiss minister says It would take a "miracle" for Switzerland and the European Union to clinch a quick deal over a stalled partnership treaty that has disrupted cross-border share trading and strained bilateral ties, Swiss Foreign Minister Ignazio Cassis said....
2019-08-04, 16:52

UPDATE 1-Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."...
2019-07-12, 03:52

UPDATE 1-France creates G7 cryptocurrency task force as Facebook's Libra unsettles governments France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook's Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France's central bank governor said on Friday....
2019-06-21, 13:39

UPDATE 3-Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."...
2019-07-12, 05:13

UPDATE 4-San Francisco makes $2.5 bln bid for PG&E's electric system San Francisco has offered $2.5 billion to buy PG&E Corp's power lines and other electrical system infrastructure serving the city, they said on Sunday, eight months after the utility sought Chapter 11 bankruptcy protection....
2019-09-09, 05:13

UPDATE 1-WeWork seeks $20 bln-$30 bln in IPO valuation - Bloomberg WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a report on Thursday, another sign of growing skepticism among investors about big but unprofitable technology names....
2019-09-05, 16:39

UPDATE 1-First parts of Russian S-400 system delivered to Turkey- ministry The first parts of a Russian S-400 missile defence system were delivered to NATO member Turkey on Friday, the Turkish defence ministry said, a development set to escalate tensions with the United States which has warned of sanctions over the deal....
2019-07-12, 10:39

UPDATE 2-San Francisco makes $2.5 bln bid for PG&E's electric system -media report The city of San Francisco has offered to buy PG&E Corp's power lines and other electrical system infrastructure serving the city for $2.5 billion, according to the San Francisco Chronicle....
2019-09-08, 22:00

Android at I/O 2019: The Project Mainline update system and other highlights Google I/O 2019 wrapped up on May 9th, but we're still picking through the incredible flood of information that came out of the show. In addition to the slew of announcements on keynote day, there are dozens of hours of sessions and documentation, plus a whole new Android release to pick though. Her...
2019-05-22, 19:52

Brazil seeks foreign capital to update transportation WASHINGTON (AP) — Brazil says it will seek to raise at least $45 billion in investments over the next four years for an ambitious plan to improve transportation in South America’s biggest nation. Infrastructure minister Tarcísio Gomes de Freitas said Thursday in Washington that he will be outl...
2019-06-27, 23:26

UPDATE 2-Global Payments nearing $20 bln deal to buy Total System - source Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday....
2019-05-24, 22:13

UPDATE 1-After Boeing showstopper, Airbus seeks order bounce Airbus, reeling from the potential loss of a major customer for its best-selling A320neo after British Airways owner IAG placed a lifeline order for Boeing's grounded 737 MAX, prepared to hit back on Wednesday with more orders for its new A321XLR....
2019-06-19, 10:39

UPDATE 1-U.S. FCC chair Pai seeks approval for Nexstar-Tribune merger Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go ahead for Nexstar Media Group Inc's acquisition of Tribune Media Co in a $6.4 billion tie-up, a spokeswoman for the agency said....
2019-08-31, 02:00

UPDATE 1-White House seeks delay on Huawei ban for contractors The White House Office of Management and Budget has asked the U.S. Congress for more time to phase in a ban on federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year....
2019-06-10, 05:39

Apple’s iCloud has been a poor experience in Windows, but a new update seeks to fix that iCloud in the Microsoft Store. [credit: Samuel Axon ] Apple has released a new version of iCloud for Windows 10 in the Microsoft Store, according to a recent blog post by Microsoft and a han...
2019-06-12, 04:00

UPDATE 2-FDA pegs Edwards Lifesciences Sapien delivery system recall as severest The U.S. health regulator on Thursday categorized the recall of Edwards Lifesciences Corp's Sapien 3 Ultra delivery system as extremely serious, highlighting health risks associated with its use, but the products will remain on the market....
2019-08-23, 00:52

UPDATE 1-UPS launches drone business, seeks to certify multiple pilots United Parcel Service Inc , the world's largest package delivery firm, on Tuesday unveiled its drone delivery subsidiary and said it has applied for the Federal Aviation Administration certifications needed to expand the business....
2019-07-24, 00:39

UPDATE 3-Delta buys stake in Korean Air, seeks to expand in Asia Delta Air Lines Inc said on Thursday it has acquired a 4.3% stake in joint venture partner Korean Air Lines Co Ltd's parent company with a view toward expanding across Asia....
2019-06-20, 19:39

UPDATE 1-LG Display seeks job cuts amid mounting financial losses South Korea's LG Display Co Ltd on Tuesday announced a voluntary redundancy programme for its domestic production line employees amid mounting financial losses....
2019-09-17, 06:39

UPDATE 1-U.S. House seeks documents from companies that run immigrant detention centers Lawmakers in the U.S. House of Representatives said on Thursday they have sent letters seeking documents and information from three companies responsible for detaining illegal immigrants arrested by U.S. immigration agents....
2019-07-11, 18:00

UPDATE 1-Costs, delays mount for Boeing's NASA launch system, audit finds NASA's flagship space launch system being built by Boeing is taking years longer than expected with cost overruns of nearly $2 billion, an audit found on Wednesday, raising questions about meeting a goal of returning humans to the moon by 2024....
2019-06-20, 00:00

UPDATE 2-Costs, delays mount for Boeing's NASA launch system, audit finds NASA's flagship space launch system being built by Boeing is taking years longer than expected with cost overruns of nearly $2 billion, an audit found on Wednesday, raising questions about meeting a goal of returning humans to the moon by 2024....
2019-06-20, 03:26

UPDATE 1-U.S. offer to sell Patriot system to Turkey 'off the table' - State Dept official The U.S. offer to sell Raytheon Co's Patriot missile defense system to Turkey is "off the table," having expired following Ankara's decision to accept Russian S-400 defensive systems, a State Department official said on Thursday....
2019-08-23, 00:00

UPDATE 3-Trump administration seeks ban on flavored e-cigarettes to combat youth addiction The Trump administration announced plans on Wednesday to remove all flavored e-cigarettes from store shelves in a widening crackdown on vaping, as officials warned that sweet flavors had drawn millions of children into nicotine addiction....
2019-09-12, 02:13

UPDATE 2-Michigan sues Enbridge in U.S., seeks to shut oil pipeline through Great Lakes The U.S. state of Michigan has filed a lawsuit asking for an Enbridge Inc oil pipeline that runs under the Straits of Mackinac in the Great Lakes to be decommissioned, Michigan's attorney general said on Thursday....
2019-06-27, 20:13

UPDATE 1-Philadelphia refinery seeks to sell oil stocks, equipment after fire -sources The Philadelphia refinery ravaged by a massive fire two weeks ago has begun offering to sell off its stocks of oil and some equipment, according to four people familiar with the matter, after the refinery's owner announced it would seek to permanently shut it....
2019-07-03, 20:26

UPDATE 1-Italy's League seeks to trigger elections, files censure motion Italy's ruling League party filed a no-confidence motion against the prime minister on Friday, a move that the party's populist chief, Matteo Salvini, hopes will trigger snap elections and install him as the nation's new leader....
2019-08-09, 14:00

UPDATE 2-Mach seeks Transat class B shares to block Air Canada deal Montreal real estate developer Group Mach on Friday offered to buy at least 6.9 million, or about 19.5%, class B voting shares of Transat AT Inc at C$14 per share, as it looks to block Air Canada's deal for the Canadian tour operator....
2019-08-03, 12:39

UPDATE 1-Senator Grassley seeks info on Novartis's Zolgensma data issues U.S. Senate Finance Committee Chairman Chuck Grassley has asked Swiss drugmaker Novartis AG to provide details on data manipulation related to its $2 million gene therapy, Zolgensma, by Aug. 23....
2019-08-13, 04:26

UPDATE 3-Argentine presidential front-runner seeks alternatives to austerity -advisers Economic advisers to Argentina's presidential front-runner and opposition leader Alberto Fernandez said he would seek alternatives to the current administration's austerity measures in a meeting with the new Treasury Minister on Wednesday....
2019-08-22, 04:00

UPDATE 3-Pentagon seeks funds to reduce U.S. reliance on China's rare earth metals The U.S. Defense Department is seeking new federal funds to bolster domestic production of rare earth minerals and reduce dependence on China, the Pentagon said on Wednesday, amid mounting concern in Washington about Beijing's role as a supplier....
2019-05-30, 02:52

UPDATE 3-Trump White House seeks to assuage farmer unrest over biofuel policy -sources President Donald Trump's administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday....
2019-08-21, 01:13

Soon, Need Not Be 8th Pass To Apply For A Driving Licence The government has decided to do away with the requirement of minimum educational qualification for obtaining driving licence to boost employment opportunities, the road transport ministry said......
2019-06-18, 18:39

How To Upload Driving Licence In Your DigiLocker Account DigiLocker, a cloud-based government platform, has partnered with the Ministry of Road Transport and Highways for making available digital driving licence (DL) and vehicle registration certificates......
2019-09-11, 16:39

Pensioners to protest against loss of free TV licence Pensioners across the country are planning to march on their local BBC offices later in protest against the corporation's plans to axe free TV licences for the over-75s....
2019-06-21, 10:26

Ketamine-like drug for depression could get UK licence within the year Esketamine could initially become available through private clinics but potential side effects raise concernsA ketamine-like drug that could be licensed in the UK as soon as November could transform treatment for severe depression, one of the country’s leading psychiatrists has said.The drug, called...
2019-07-13, 05:13

Non-UK licences - can you drive on a foreign driving licence? Tips & advice 27 Aug, 2019 The rules around driving licences for non-UK can be bewildering. Our guide will help you stay the right side of the law...
2019-08-27, 18:52

Jersey grants licence to harvest hemp flowers for CBD oil Team of ex-firefighters given go-ahead to legally process crop for cannabidiol extractionJersey has become the first place in the British and Irish Isles to grant a licence for farmers to harvest hemp flowers for cannabis oil.A former Royal Marine commando and two former colleagues will be the pione...
2019-08-10, 10:39

Uber's hopes go into reverse in new TfL battle for London licence Uber Technologies is facing an uphill struggle to secure a long-term licence from London's transport regulator little more than a year after it was forced to go to court to overturn an outright ban....
2019-08-03, 16:39

Dubai To Offer Free 30-Day Alcohol Licence For Tourists Dubai will now offer a free 30-day alcohol licence for tourists, a move that ensures visitors will not be penalised for breaking the law, the media reported on Friday....
2019-07-12, 09:13

Uber appoints new UK boss as London licence renewal nears Uber appointed a new boss for Britain and Ireland on Monday just over a month before its licence expires in London, one of its most important global markets where the regulator has previously stripped it of its right to operate....
2019-08-19, 16:13

10 Steps To Upload Your Vehicle Documents & Driving Licence In A DigiLocker While the digitisation of documents isn't mandatory yet, it can save you from those hefty fines. Here are 10 steps to upload your vehicle documents and driving licence in a DigiLocker account....
2019-09-12, 17:00

Huawei phone sales rise despite US supplier licence refusals The US government has not approved any of the 130 applications for licences to deal with Huawei, according to a report, despite promises from President Trump that such requests would be dealt with rapidly.Earlier this year, the US Department of Commerce effectively blacklisted the Chinese mobile gia...
2019-08-28, 12:00

NSW govt explains digital drivers' licence delay, says they're coming "very soon" The much-talked-about New South Wales digital drivers' licence has been in the trial stages since 2017 and, it seems, that trial is being extended, with no definite end date in sight. However, according to the Minister for Customer Service, Victor Dominello, the official statewide rollout will ...
2019-09-13, 12:26

New York Passes Bill To Give Driving Licence To Illegal Immigrants Illegal immigrants to the United States would be able to obtain driver's licenses in New York under a bill passed by the state legislature on Monday, and a representative for Governor Andrew Cuomo......
2019-06-18, 06:39

Japan finance ministry says to halt Citi's JGB primary dealing licence for 1 month Japanese Ministry of Finance will suspend Citigroup's primary dealing licence for Japanese government bonds (JGB) for one month starting on June 13, it said on Tuesday....
2019-06-11, 12:52

Missouri’s only abortion clinic’s future uncertain as licence renewal battle heads to court Planned Parenthood sued Missouri last week after state health officials refused to renew the licence of Reproductive Health Services of Planned Parenthood in St. Louis...
2019-06-04, 19:00

Shop licence in doubt after raid finds canisters of 'hippy crack' in newsagent A newsagent accused of keeping 255 laughing gas canisters in a safe to sell as a psychoactive drug to customers faces being stripped of its alcohol licence in a council crackdown on so-called "hippy crack"....
2019-09-17, 19:26

Pensioner calls BBC plans to scrap free TV licence 'another nail in the coffin' for working classes The BBC's plan to scrap free TV licences for the over 75s has sparked a huge backlash, with one pensioner calling it "another nail in the coffin" for the working classes....
2019-06-11, 01:13

Beware 'Same as Cash' Payment Offers If you spend any amount of time listening to the radio in your car, you’ve probably heard a few “six months same as cash” ads. If you’re not in the market for a mattress, washing machine or used car, you probably don’t think much about these ads. But someday, you will want to make a large purchase f...
2019-07-03, 22:13

How To Make SBI Credit Card Payment Through ATM SBI credit card bill: The bill payment through an SBI ATM enables customer to pay their credit card dues from over 26,000 ATMs without any extra charges, according to lender's website- sbi.co.in. ATMs......
2019-07-16, 11:52

Best mobile card payment reader of 2019 The ability to process credit and debit cards is a requirement for any modern store, but Point of Sale (POS) terminals are usually tied to an internet connection. What happens if you want to sell at a trade fair, or set up a market stall, or any other kind of pop-up shop?This is where mobile card re...
2019-06-21, 19:39

New code will protect payment fraud victims Consumers that have been tricked into transferring money to fraudsters could be entitled to reimbursement thanks to a new voluntary industry code that recently came into force.Under the new code, victims will be able to get their money back in cases where neither they nor the bank has done anything ...
2019-05-28, 23:13

Don't have a down payment for a house? Banks might have a deal for you About 69% of prospective home buyers say the big barrier to buying is saving enough for a down payment and costs, says a new Bank of America survey.       ...
2019-09-06, 20:52

In Indonesia, Trash As Payment For Tickets On 'Plastic Bus' Dozens of people clutching bags full of plastic bottles and disposable cups queue at a busy bus terminal in the Indonesian city of Surabaya -- where passengers can swap trash for travel tickets....
2019-08-09, 10:52

AT&T is the first major US carrier to offer a new method of payment AT&T has just announced that all customers accessing some of its services can now pay for them using cryptocurrency. The new option is available through BitPay and allows consumers to pay their online bills with virtual currency. Coming for the first time to a major US carrier, the BitPay payment op...
2019-05-24, 08:39

China's Mobile-Payment Giants Come Under Fire in Nepal The Himalayan nation dealt a blow to Chinese payment platforms that have been aggressively expanding abroad, restricting them after finding that some transactions they facilitated flouted its laws....
2019-05-22, 19:13

Brazil's Petrobras confirms $700 million payment due to arbitration Brazil's state-controlled oil company Petróleo Brasileiro SA confirmed on Friday it had made a $700 million payment related to an arbitration ruling and a lawsuit by U.S.-based Vantage Drilling Company....
2019-06-22, 01:13

Google Play Store Officially Gets UPI as a Payment Option Google on Thursday officially announced the addition of Unified Payments Interface (UPI) as a new payment option on the Google Play Store for its users in India....
2019-09-07, 14:13

UK's Johnson threatens to withhold $50 billion EU Brexit payment Boris Johnson, the leading candidate to succeed Theresa May as leader of Britain's Conservative Party and its next prime minister, said he would withhold a 39 billion pound ($50 billion) exit payment to extract better terms from the European Union....
2019-06-09, 00:26

SBI To Remove Immediate Payment Service Charges From August 1: 10 Points State Bank of India or SBI, the largest commercial bank in the country, has decided to do away with IMPS (Immediate Payment Service) charges for its internet banking, mobile banking and YONO (You Only......
2019-07-13, 13:26

UK’s Johnson threatens to withhold $50 billion Brexit payment Boris Johnson, the leading candidate to succeed Theresa May as Britain's next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms....
2019-06-09, 02:52

Chrome now syncs saved payment options across devices Google announced that it'll allow signed-in Chrome users to tap payment methods previously saved to their Google Account to fill in checkout forms.Read More...
2019-07-03, 12:00

Revolt Electric Bikes Payment Plan Explained Revolt Intellicorp launched the RV 300 and the RV 400 in India recently. Apart from the product, the two electric motorcycles have a rather interesting payment plan. Here is how it works....
2019-09-04, 08:39

Electric car chargepoints to accept contactless payment next year News 15 Jul, 2019 Government “prepared to intervene” to force contactless payments on public chargers; Chargemaster announces contactless payment...
2019-07-15, 18:00

Electric chargers should offer card payment by 2020 Government says new rapid charge points should allow contactless credit or debit card payment All new public charging points should offer contactless payment via credit or debit card by spring next year, the government has said, as it seeks to address a key issue surrounding electric-vehicle usage....
2019-07-15, 17:52

Raytheon get $27.3M payment for work on Navy's AMDR program Raytheon Co. was awarded a $27.3 million contract modification for work completed in 2018 at the Pacific Missile Range Facility on the Air and Missile Defense Radar program, the Defense Department said....
2019-07-22, 22:26

IT glitches 'stopped seven million payment card users' More than seven million people were left unable to use their payment cards due to IT hitches in the past year, according to estimates by consumer group Which?...
2019-06-12, 16:13

Issue Of Advance Payment For S-400 Missiles Deliveries Settled: Russia Russia and India have settled the issue of India's advance payment for the delivery of S-400 long-range surface-to-air missile systems, the Russian defence agency said on Thursday....
2019-08-30, 03:26

DoorDash updates its payment model, but workers still miss out on tips DoorDash aims to be a more ethical food delivery company -- it's already put a focus on sustainability and had delivered voter registration kits along with the standard faire of snacks, meals and beer. But the company has attracted criticism for its......
2019-06-28, 17:00

Brazil's Itau focuses on growing payment app, less on card processing Brazilian lender Itau Unibanco Holding SA is shifting its payment services strategy to focus on its most profitable segments, a senior executive told Reuters, as competition in the card processing business has weighed on fees....
2019-08-14, 16:00

Government rebukes FTSE giants for late supplier payment A list of leading FTSE companies that include BAE Systems, BT and British Gas owner Centrica have been suspended from the government's Prompt Payment Code, after they were found to take longer than 60 days to pay their suppliers....
2019-07-18, 00:39

RBI Board May Discuss Dividend Payment To Government On Monday: Report The RBI follows July-June financial year and the dividend is usually distributed in August after annual accounts are finalised. For FY20, the government has pegged a Rs 9,000 crore dividend from the......
2019-08-25, 13:13

Trump directly involved in talks that led to Stormy Daniels payment, FBI says Court filing says Trump and Hope Hicks spoke to Michael Cohen often as Daniels in 2016 threatened to go public with story of affairDonald Trump and his press secretary were directly involved in discussions that led to an illegal hush-money payment to Stormy Daniels during the 2016 election campaign,...
2019-07-18, 20:52

Nissan CEO Saikawa admits receiving improper payment: Jiji Nissan Motor Co Chief Executive Hiroto Saikawa admitted to improperly receiving stock-related compensation, Jiji news agency reported, in the latest case of financial misconduct among executives at Japan's second-largest automaker....
2019-09-05, 05:00

World Cup-winning NZ netballers rewarded with unprecedented payment after outcry Public campaign nets Silver Ferns $25,000 eachSponsors contribute towards bonus fund for playersA public outcry has helped the Silver Ferns receive an unprecedented winning bonus payment of $300,000 following their triumph at the Netball World Cup. Netball NZ has announced each player in the 12-stro...
2019-07-25, 10:13

Boris Johnson threatens to withhold Brexit divorce payment The UK owes tens of billions of euros when it leaves the EU but Boris Johnson — the current front-runner to succeed Theresa May as prime minister — wants to withhold payment. He's looking for "greater clarity" on Brexit....
2019-06-09, 07:13

Africa Cup of Nations: Nigeria players' strike averted after payment The threat of another pay row by Nigeria players at the Nations Cup is averted after the country's football federation pays outstanding bonuses and allowances....
2019-06-29, 15:13

Smile-to-pay: Chinese shoppers turn to facial payment technology New technology is rolling out across the country, despite concerns over privacyChina’s shoppers are increasingly purchasing goods with just a turn of their heads as the country embraces facial payment technology.In a country where mobile payment is already one of the most advanced in the world, cust...
2019-09-04, 09:00

Singapore eases access to legal help to drive payment services Monetary Authority of Singapore streamlines access to legal help specialised in payment services, so new operators in the sector can ensure compliance and be onboarded more quickly....
2019-09-06, 13:00

Abraaj founder released from custody after $19 million bail payment Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail conditions including the payment of a 15 million pound ($19 million) security, a court official said....
2019-05-29, 13:13

Apple appeals record €13 billion tax payment demanded by European Commission Tech giant Apple is appealing a 2016 EU ruling requiring that it pays a record €13 billion in back taxes in Ireland. Apple says the ruling "defies common sense." Unusually, Ireland doesn't want the extra tax revenues....
2019-09-17, 19:26

Hy-Vee investigating if customer payment data was exposed at fuel pumps, other locations Hy-Vee is investigating possible security issues with payment processing systems at fuel pumps, drive-thru coffee shops and store-owned Wahlburgers.       ...
2019-08-15, 06:52

India-Russia's New Payment Plan For Massive Defense Deals: Report India and Russia have agreed on a new payment method through their national currencies for multi-billion-dollar defense deals, in a bid to avoid risks created by the U.S. threat of sanctions and......
2019-07-15, 16:52

New study shows credit and debit cards are the dirtiest payment methods A new study from LendEDU.com showed debit and credit cards were dirtier on average than cash or coins. Buzz60's Sean Dowling has more.        ...
2019-05-23, 17:39

Bankrupt Philadelphia refinery expects $50 million advanced insurance payment Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze that led to the plant’s closure, court documents showed....
2019-09-13, 22:26

Late Payment Charges For Post Office Recurring Deposit, Other Rules Here RD Late Payment fees: If in any RD account, there is monthly default amount, the depositor has to first pay the defaulted monthly deposit with default fee and then pay the current month deposit....
2019-07-10, 10:52

India's Payment Apps Race To Catch Up With China In Squeezing Out Cash In India, digital payments have climbed more than five times since 2015 to 22.4 transactions per person in the year ended March, Reserve Bank of India figures show....
2019-08-16, 17:39

Documents on Trump ex-lawyer's porn star hush payment to be released Documents regarding hush-money payments by Donald Trump's former personal lawyer Michael Cohen to a porn star and a Playboy model who said they had sexual encounters with the president are set to be made public on Thursday, offering a window into a probe that began last year and landed Cohen in pris...
2019-07-18, 12:26

Nigeria's state oil firm to change payment structure for joint ventures Nigeria's NNPC said on Thursday it was planning to change the way energy joint ventures paid operating costs to help ensure smooth financing for projects that have often struggled to secure timely contributions from the state-run oil firm....
2019-07-04, 20:13

3 years later, Visa’s blockchain-powered payment network finally goes live Visa’s blockchain-powered B2B payments product has finally gone live after almost three years in the making. First made public in October 2016, the Visa B2B Connect network is being made available in 30 markets, with plans to expand to as many as 90 territories by the end of the year. According to a...
2019-06-12, 13:00

Documents on Trump ex-lawyer's porn star hush payment released Hundreds of pages of documents regarding hush-money payments by Donald Trump's former personal lawyer Michael Cohen to a porn star and a Playboy model who said they had sexual encounters with the president were made public on Thursday, offering a window into a probe that began last year and landed C...
2019-07-18, 17:39

Revolt RV 400 Electric Motorcycle Launched; Payment Plans Start At Rs. 2999 The Revolt RV 300 and the RV 400 electric motorcycles have been launched in India and the offerings are available with a per month payment plan starting from Rs. 2999 (for 37 months)....
2019-08-28, 13:13

Glen Assoun to receive initial compensation payment for wrongful murder conviction Nova Scotia Justice Minister Mark Furey said Thursday the agreement for an undisclosed amount of financial help for Glen Assoun has been finalized and the cheque will be available within days....
2019-09-13, 14:52

The Payment Industry Ecosystem: The trend towards digital payments and key players moving markets Business Insider Intelligence This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. The digitization of daily life is making phones and connected devices the preferred payment tools for consumers — preferences that are causing ...
2019-06-06, 09:00

Donald Trump, Hope Hicks discussed Stormy Daniels payment during campaign Then-candidate Donald Trump and press secretary Hope Hicks allegedly discussed making hush-money payments to porn star Stormy Daniels with his lawyer Michael Cohen amid the fallout from the “Access Hollywood” tape’s release, according to FBI affidavits unsealed Thursday. Trump, Hic...
2019-07-18, 20:26

Documents detail Trump team's efforts to arrange payment to porn star Documents released by a judge's order on Thursday detailed a flurry of communications involving Donald Trump, his campaign team and former personal lawyer Michael Cohen to engineer hush-money payments to a porn actress who said she had a sexual encounter with the president shortly before the 2016 el...
2019-07-18, 19:13

Manhattan DA subpoenas Trump Organization for documents related to Stormy Daniels payment Manhattan prosecutors have subpoenaed the Trump Organization was subpoenaed for documents related to a $130,000 to former adult film star Stormy Daniels made days prior to the 2016 presidential election....
2019-08-02, 10:39

AOC makes student loan payment, reveals college debt during congressional hearing Rep. Alexandria Ocasio-Cortez made a student loan payment on Tuesday — and also revealed how much she still owes — while attending a congressional hearing on college debt. “I literally made a student loan payment while I was sitting here at this chair, and I looked at my balance, a...
2019-09-11, 11:26

India Post Payments Bank Rolls Out Aadhaar Enabled Payment Services With AePS services, a person with a bank account linked to Aadhaar can perform banking services irrespective of the bank they hold their account with....
2019-09-09, 14:52

Disgruntled employee uses hockey app notifications to air payment, throat-punching-related grievances Employers must never forget that it’s the workers who truly hold the fate of their businesses in their hands. If not treated properly, it’s entirely within their means to halt production or otherwise interrupt regular operations. We’ve known this forever, but too often we forget to exercise our powe...
2019-07-11, 20:52

Seattle man builds fence around illegally parked car-share vehicle on property; demands payment A Seattle property owner upset about a car-share vehicle parked illegally on the parking lot f his duplex erected a barricade around it and is demanding compensation from the owner. ...
2019-05-31, 03:13

City Hall finally tackles late payment epidemic that slowed homeless fight City Hall is finally fixing a dysfunctional contracting system that left the nonprofits that provide housing, counseling and aid for New York’s neediest in dire financial straits — waiting months or more for payment — thanks in part to a string of stories in The Post. The embattled Depar...
2019-08-08, 04:39

Exclusive: Grab in talks to merge Indonesian payment firms to overtake Gojek - sources SoftBank-backed ride hailer Grab is in talks to merge OVO, an Indonesian digital payments firm in which it owns shares, with an Ant Financial-backed local peer to build heft and power ahead of archrival Gojek, people familiar with the matter said....
2019-09-11, 13:26

Commentary: Novartis CEO: Gene therapy offers hope of cures in a treatment, but US needs new pricing, payment model The current global health system treats chronic diseases with a pay-as-you-go model, spreading costs over months and years. It's unprepared to pay for a surge of new, single-treatment therapies with the potential to provide a lifetime of benefit....
2019-05-21, 14:32

Exclusive: T. Rowe Price held talks with Guaido team on Venezuela PDVSA 2020 payment T. Rowe Price has held informal talks with advisors of Venezuelan opposition leader Juan Guaido about financing a $913 million payment on state oil firm PDVSA's 2020 bond, an executive at the U.S. fund manager told Reuters, adding the plan would only work if Washington alters sanctions on Venezuela....
2019-08-29, 21:39

Swiss men have some of the worst sperm in Europe Swiss men have among the worst quality sperm in Europe, a study shows. One in six have a concentration below 15 million per milliliter of semen, the medical threshold for a low sperm count. Their sperm was also found to be poorly developed and unable to move well enough to get to and fertilize an......
2019-05-23, 22:52

Swiss women go on strike over inequality Switzerland is one of the lowest-ranked countries in the West in terms of wage equality. Public workers in Zürich have disputed that supporting the strike violates political neutrality laws....
2019-06-14, 15:13

More than 40 Swiss military staff hit with vomiting bug Four critical after members of academy in central Switzerland suddenly suffer acute gastrointestinal problems More than 40 military staff and recruits at an academy in central Switzerland were sent to hospital on Thursday after they suddenly fell violently ill, the government said.The Swiss defence ...
2019-07-05, 11:26

This Swiss river is clear enough to see 30 feet below Tucked away in Ticino, Switzerland, Valle Verzasca is known for its debris-free, crystal clear water. Swimmers can clearly see the bottom of the riverbed. Visit INSIDER's homepage for more stories. See Also:7 places that serve avocado with a twistWhat beer ramen tastes likeHow custom paddleboards a...
2019-08-01, 00:26

Federer subdues Wawrinka in Swiss classic Third seed Roger Federer subdued some fierce Stan Wawrinka resistance to beat his fellow Swiss 7-6(4) 4-6 7-6(5) 6-4 and reach the French Open semi-finals on Tuesday....
2019-06-04, 20:13

Why Swiss Spat With EU Could Spill Into Stock Markets  Strained relations between Switzerland and the European Union are threatening to affect trading in Swiss stocks. The two sides are at odds over a political accord, and the Swiss stock exchange has effectively become a bargaining chip. Brexit makes Brussels unlikely to grant any concessions....
2019-06-20, 17:26

Semenya cleared to compete by Swiss court Runner Caster Semenya will be allowed to compete without having to take testosterone-reducing medication after a Swiss court ordered athletics' governing body, the International Association of Athletics Federations, to suspend implementation of new regulations while Semenya's appeal is pending....
2019-06-03, 22:13

Swiss women strike to demand equal pay Hundreds of thousands protest against ‘culture of sexism in everday life’Hundreds of thousands of women across Switzerland have taken to the streets to demand higher pay, greater equality and more respect, protesting that one of the world’s wealthiest countries continues to treat half its population...
2019-06-14, 16:52

Swiss Re plans $4.5 billion IPO for UK unit to help expansion Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its expansion....
2019-06-07, 13:39

Swiss Stocks Shrug Off New Trading Limits Investors and traders moved quickly to shift trading of Europe’s largest stocks from London to Switzerland after a major diplomatic breakdown threatened to reverse decades of financial market integration....
2019-07-01, 15:52

| Fake cops steal $3.7m from Swiss woman Fraudsters posing as police officers stole 3.3m euros ($3.7m) from a Swiss woman through an elaborate scam that involved a fake plot implicating the victim's bank, Swiss media reported....
2019-06-27, 19:39

German climbers die after falling from Swiss peak Two Germans fell to their deaths while climbing one of the highest peaks in the Swiss Alps. The cause of the fall remains unclear and an investigation has been opened....
2019-08-04, 19:52

As If! Clueless x K-Swiss Sneakers Have Us Totally Buggin' We love these products, and we hope you do too. E! has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not......
2019-05-21, 16:26

Swiss government says coffee 'not essential', stockpiling to end Switzerland on Wednesday announced plans to abolish the nation's emergency stockpile of coffee, in place for decades, after declaring the beans not vital for human survival, though opposition to the proposal is brewing....
2019-05-21, 17:00

UBS's Ermotti says Swiss bank's CEO bench at least three deep: NZZ UBS has least three candidates from inside the biggest Swiss bank who could eventually step into the CEO role, Chief Executive Sergio Ermotti said in a newspaper interview on Thursday on the heels of......
2019-08-29, 16:00

Deadline looms for agreement on Swiss-EU ties Swiss ties with the European Union, its biggest trading partner, face a critical test this week as Brussels decides whether the two sides have made enough progress on a stalled draft treaty to head off punitive measures set to start at the end of June....
2019-06-16, 16:13

Climate protesters arrested outside Swiss banks Environmental activists, seeking to pressure Swiss banks into halting the financing of fossil fuels, blocked entrances to Credit Suisse in Zurich and UBS in Basel on Monday before police intervened and arrested some protesters....
2019-07-08, 16:26

Why the Swiss Spat With EU Is Spilling Into Stock Markets Strained relations between Switzerland and the European Union have taken a dramatic twist, with the political discord now set to impact trading in Swiss stocks. The two sides are at odds over a sweeping political accord that’s been in negotiation for years, and the Swiss stock exchange effectively e...
2019-06-27, 21:00

I Just Sold My Beloved 'Project Swiss Cheese' for $500 The year was 2015, and I’d just left my engineering job to try this whole “writing” thing for Jalopnik. One of my goals was to start a wrenching series for people who share my “cheap bastard” trait, and the first vehicle I chose was a $600 Jeep Cherokee that I later dubbed Project Swiss Cheese for i...
2019-05-25, 03:01

| Man who pushed German boy under train was on run from Swiss police An Eritrean man accused of killing an eight-year-old boy by pushing him under a train in Germany had been on the run from Swiss police after a violent incident last week, authorities say....
2019-08-01, 02:13

| Viviani cuts past Sagan for Swiss win Italian road-race champion Elia Viviani outfoxed overall leader and triple world title holder Peter Sagan to clinch stage five of the Tour de Suisse....
2019-06-19, 21:01

Q2 sales decline at Liberty Global's Swiss arm UPC UPC, the Swiss arm of telecoms company Liberty Global and target of a 6.3 billion Swiss franc ($6.46 billion) takeover bid by Sunrise Communications, on Thursday reported a 3.6% fall in second-quarter revenue....
2019-08-08, 11:00

Oklahoma judge rules against Johnson & Johnson, orders $572M payment An Oklahoma judge on Monday found Johnson & Johnson and its subsidiaries helped fuel the state's opioid crisis and ordered the consumer products giant to pay $572 million to clean up the problem....
2019-08-27, 05:26

The Swiss Surfer Behind $2 Billion Payments Startup Checkout.com Guillaume Pousaz has built a payments firm he acquired in 2009 into a highly valued transaction processor for fast-growing internet companies that is now expanding in the U.S. and moving into other financial services....
2019-05-25, 14:39

Linde takes 10% stake in Swiss hydrogen group Linde , the world's biggest industrial gases group, has taken a 10% stake in Hydrospider AG, a Swiss producer and supplier of hydrogen derived from renewable energy sources, Hydrospider said on Thursday....
2019-08-29, 12:52

Swiss win moves Vergne closer to second Formula E title "Jean-Eric Vergne took another step towards becoming the all-electric Formula E series\u0027s first multiple champion by winning a Swiss ePrix that had to be stopped and re-started after a mass pile-up on Saturday."...
2019-06-23, 00:52

Tax Officials To Get Swiss Bank Details Of Indians From Tomorrow Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regime kicks off between the two countries....
2019-08-31, 17:13

1 killed, 6 injured in accident on Swiss cable car route Police say one man has been killed and six other people injured in an accident during maintenance work on a mountain cable car line in central Switzerland...
2019-06-05, 13:52

Swiss government to mediate Cameroon peace talks Switzerland has agreed to mediate talks between Cameroonian authorities and separatists in a bid to end escalating violence in the country's Anglophone regions, the Swiss government said on Thursday....
2019-06-27, 18:39

Swiss government demands clarifications from the EU in treaty talks The Swiss government is demanding clarification from the European Union on several issues before it signs off on a draft treaty, it said on Friday, risking a backlash from Brussels over yet another delay to an accord the EU has sought for a decade....
2019-06-07, 17:52

Semenya files appeal to Swiss supreme court Olympic 800 meters champion Caster Semenya has filed an appeal to Switzerland's highest court against a ruling to uphold rules requiring that middle-distance female athletes with a high natural level of testosterone must take medication to reduce it....
2019-05-29, 21:01

Swiss court blocks Italy's bid for possible da Vinci portrait Switzerland's highest court has rejected Italy's request for the return of an oil painting attributed by some to Leonardo Da Vinci, ruling no Swiss laws were broken when the work was brought over the border....
2019-05-29, 22:13

UBS slashes threshold for fee on euro deposits at Swiss bank UBS Group will halve to 500,000 euros ($559,900) its threshold for charging a 0.6% deposit fee on euro accounts at its Swiss banking unit, Switzerland's largest lender said on Tuesday....
2019-08-07, 11:13

Swiss attorney general recused from FIFA investigation GENEVA (AP) — Switzerland’s federal criminal court says it recused attorney general Michael Lauber from overseeing a sweeping criminal investigation of FIFA officials. The federal court says it upheld requests by two claimants it did not identify to remove Lauber from the case because of undec...
2019-06-18, 17:39

Germany's Seehofer wants tougher checks on Swiss border German Interior Minister Horst Seehofer wants enhanced controls for travelers arriving from Switzerland following the killing of a boy at Frankfurt's railway station. Opposition politicians accused him of populism....
2019-08-03, 01:26

Only about half of Swiss population uses online banking: survey Only about half of population in banking-rich Switzerland uses online banking services, a representative survey conducted by the Swiss National Bank (SNB) among 34 banks showed on Tuesday....
2019-08-27, 13:13

Swiss Vote to Tighten Gun Laws to Align With E.U. Rules Swiss voters agreed on Sunday to tighten the country’s gun laws in order to comply with European Union legislation that came into force following terrorist attacks in Paris and elsewhere....
2019-05-21, 22:26

Swiss police use tear gas on Cameroon opposition protesters BERLIN (AP) — Swiss police say officers used tear gas to disperse Cameroon opposition protesters trying to reach a Geneva hotel where the Central African nation’s long-time leader is staying. A spokesman for Geneva police said about 250 protesters took part in the demonstration Saturday near t...
2019-06-29, 17:13

Belinda Bencic Melted Down Into A Puddle Of Swiss Cheese Despite losing a tight first set on a tiebreaker, Belinda Bencic was in complete control of her U.S. Open semifinal. The 22-year-old Swiss had bounced back against 19-year-old Canadian Bianca Andreescu to take a controlling 5-2 lead in the second frame, highlighted by two early breaks. It sure looke...
2019-09-06, 20:26

Pompeo, Swiss FM in talks likely dominated by Iran tensions BELLINZONA, Switzerland (AP) — U.S. Secretary of State Mike Pompeo is holding talks with his Swiss counterpart that are expected to focus on Iran. Amid rising tensions between Washington and Tehran that have sparked fears of conflict, Pompeo was meeting Swiss Foreign Minister Ignazio Cassis in the s...
2019-06-02, 12:52

Government To Get Swiss Bank Details Of All Indians From September India's fight against suspected black money stashed abroad will get a major boost this September in the form of first set of detailed financial information about all Indians having Swiss bank......
2019-07-11, 02:00

PopClip is the Swiss Army knife macOS lacks PopClip is a pop-up menu for macOS that enables myriad actions every time you highlight text, making commonly performed actions easier to access and execute. Here's how PopClip works....
2019-05-21, 21:00

U.S. lawmaker says still concerned about Facebook cryptocurrency after Swiss meetings The chair of the U.S. House Financial Services Committee said on Sunday she remained concerned about Facebook's plans for a digital currency after meeting the government officials in Switzerland that Facebook has said will regulate it....
2019-08-26, 00:00

Swiss government mediating in Cameroon’s separatist crisis Switzerland’s ambassador to Cameroon says his government is helping to negotiate a peaceful end to the separatist crisis in which an estimated 2,000 have died...
2019-07-21, 18:39

Swiss lawmakers seek more clarity on EU treaty terms The Swiss upper house of parliament asked the government on Wednesday to get more concessions from the European Union over a draft treaty, raising the stakes ahead of a mid-June deadline Brussels has set for a final deal....
2019-06-12, 19:13

Swiss need more time to clinch EU treaty: foreign minister Switzerland's political system of painstaking consensus-building requires more time to strike a deal with the European Union on a new treaty, Foreign Minister Ignazio Cassis said, suggesting no quick resolution to a potentially damaging log-jam....
2019-06-19, 09:13

Purdue Pharma owners hid millions in Swiss banks: NY AG The family that owns OxyContin maker Purdue Pharma used Swiss bank accounts to conceal the transfer of millions of dollars from the company to themselves, New York state’s attorney general contends in court papers filed Friday. New York — asking a judge to enforce subpoenas of companies, banks...
2019-09-14, 01:39

Top Swiss prosecutor recuses himself from football corruption probe Swiss Attorney General Michael Lauber will no longer participate in meetings about his department's probe into corruption in world soccer, his office said on Wednesday, as he bows to a court order to recuse himself from the case....
2019-06-19, 20:39

Pay, time, respect: nearly three decades on, Swiss women strike again Women from across Swiss society plan to take to the streets this Friday for a nationwide strike aimed at highlighting the country's poor record on defending the rights of women and families....
2019-06-12, 18:52

Caster Semenya May Run 800 Without Hormone Treatment, Swiss Court Says Semenya won an interim ruling that suspended a recent decision that would have required intersex athletes to suppress testosterone levels before competing in certain track events....
2019-06-03, 22:52

Swiss government baulks at signing EU treaty: sources Opposition from across the political spectrum will make it all but impossible for the Swiss government to sign a draft treaty with the European Union next month, sources close to the matter told Reuters....
2019-05-23, 20:00

Baby among 3 killed in Swiss Alps plane crash A small plane carrying three people, including a baby, crashed in the Swiss Alps, killing all on board. The doomed flight took off Sunday morning from western Switzerland and was headed for Italy before the fatal crash, police said. An hour and a half into the flight, the plane went down in the Simp...
2019-08-27, 00:39

Factbox: Who stands to lose if Swiss-EU treaty talks fail More than four years of negotiations have failed to yield a breakthrough on a new treaty between Switzerland and the European Union, by far its biggest trading partner....
2019-06-16, 16:13

Factbox: Swiss measures to safeguard stock market amid EU row The Swiss government has drawn up measures that it says will help protect the domestic stock market should the European Union seek to block EU-based investors from trading on Swiss exchanges in a row over a new treaty....
2019-06-16, 16:13

City swimming, Swiss-style: a ride down the Rhine in Basel Bathing, barbecues and buvettes are part of the culture in a city that promotes swimming in its majestic river – and it’s a chance for some great sightseeing, tooIf you want to join the many swimmers who leap into the Rhine each summer you can’t do the British wade-in – arms in the air, considering ...
2019-08-19, 17:26

Swiss mountain air exporter in running for environmental shame award A group that draws attention to environmentally unsound transport has named its nominees in the 2019 "especially absurd shipping award." Among them was one firm exporting Alpine air to Asia....
2019-08-19, 19:00

Swiss Olympic chief says Tokyo heat and travel challenging Switzerland's Olympic team leaders foresee challenges coping with heat and humidity next year in Tokyo and venues scattered outside the city       ...
2019-08-26, 19:39

Swiss regulator fines banks for fixing forex trading Five banks have been fined a total of 90 million Swiss francs ($90.53 million) for colluding to rig the foreign exchange market, Switzerland's competition authority said on Thursday....
2019-06-06, 10:52

Retreating Swiss glacier spurred May's new 2050 climate goal British Prime Minister Theresa May said her surprise at the rapid retreat of a glacier she knew from years of walking holidays in the Swiss Alps had strengthened her resolve to commit Britain to a new target of net zero carbon by 2050....
2019-06-19, 14:39

Swiss agree to extradite Chinese scientist to U.S. on theft charges Switzerland has agreed to extradite a Chinese researcher to the United States where prosecutors have charged him with helping his scientist sister steal secrets allegedly worth $550 million from British drugmaker GlaxoSmithKline....
2019-07-17, 17:52

Swiss expert to start work on new standards for mining dam safety A Swiss environmental expert will make a fact-finding trip this week to the site of the Vale dam disaster in Brazil to start work on setting new dam safety standards for miners....
2019-06-10, 07:26

Swiss Re presses ahead with flotation of $4.5 billion British unit Swiss Re is pressing ahead with a flotation of British subsidiary ReAssure on the London Stock Exchange, the world's second largest reinsurer said on Friday, a business that analysts value at around 3.5 billion pounds ($4.45 billion)....
2019-06-07, 11:13

Swiss Air Force Disrupts Yodeling Festival With Fly-By in the Wrong Town A squadron of Swiss fighter pilots caused a stir on Saturday when they performed a fly-by over a local yodeling festival instead of the event they were scheduled to appear at. A spokesman for the Swiss Defense Ministry has apologized for a navigational error made by the Patrouille Suisse — the...
2019-07-10, 00:26

The EU may be overplaying its hand in Swiss stock exchange standoff, experts say Switzerland looks likely to have outmaneuvered the European Union, after the latter ended its recognized stock exchange equivalence with the country....
2019-07-10, 12:00

Swiss prosecutors say FIFA work continues after boss recused The Swiss federal prosecution office says most criminal proceedings in its five-year FIFA investigation will continue unaffected by the attorney general being recused       ...
2019-06-19, 18:39

'Swiss Red Arrows' apologise for mistaken fly-past over yodelling festival The Swiss defence ministry has apologised after an aerial display team performed a fly-by over the wrong event, surprising people at a yodelling festival....
2019-07-09, 18:13

Swiss prosecutor probes plane maker over Saudi, UAE business Switzerland’s federal prosecutor says it has opened a criminal investigation in connection with a Swiss airplane maker’s sale of training aircraft to Saudi Arabia and the United Arab Emirates, whose militaries are involved in war in neighboring Yemen...
2019-07-12, 21:52

Swiss police detain dozens of climate protesters outside bank Activists were carried away after blocking off the entrance to Credit Suisse, one of the biggest banks in Switzerland. The arrests come as student launched a five-day climate change protest in the German city of Cologne....
2019-07-08, 19:39

Swiss drugmaker Novartis names new drug division head Swiss pharmaceuticals giant Novartis named Marie-France Tschudin head of its main drugs business after its previous manager, Paul Hudson, was poised to take the CEO position at French drugmaker Sanofi....
2019-06-07, 11:13

Swiss women's international confirmed dead in swimming accident Switzerland women's international Florijana Ismaili has been confirmed dead following a swimming accident on Lake Como in Italy, the Swiss football federation said on Tuesday....
2019-07-03, 05:52

RPT-Investors scramble to swerve Swiss share trading block after EU row European stock investors and brokers are rushing to find workarounds before Swiss shares are blocked from trading on EU exchanges on Monday after a collapse in talks to resolve a dispute between Brussels and Switzerland....
2019-07-01, 03:13

Vergne charges to pole in Swiss E-Prix, Di Grassi 19th "Jean-Eric Vergne extended his 2018/19 ABB FIA Formula E championship lead by claiming pole for the Swiss E-Prix in Bern, where his closest title rival Lucas di Grassi qualified 19th."...
2019-06-22, 16:52

CBI Files Case Against IAF Officials, Swiss Firm Over Alleged Kickbacks The Central Bureau of Investigation has filed a case against unknown officials of the Air Force, the Defence Ministry, arms dealer Sanjay Bhandari and officials of Swiss-based plane-maker Pilatus......
2019-06-22, 14:52

UBS plans to charge rich clients for Swiss cash deposits UBS Group will impose from November a negative interest rate of 0.75% on wealthy clients who deposit more than 2 million Swiss francs ($2.02 million) with its Swiss bank, it said on Wednesday, citing......
2019-07-31, 20:00

Factbox: Swiss women to strike in call for equal pay and rights Ahead of a strike planned for Friday by women in Switzerland, Reuters spoke to nine women about their concerns, including the need for equal pay and pension rights and for action on discrimination and sexual harassment....
2019-06-12, 18:52

Swiss raise a glass to winegrowers in rare vintage festival Switzerland uncorked a once-in-a-generation celebration of its winemakers on Thursday, with fancy dress, alpine horns, cows and dancers kicking off a festival that dates back to the 18th century....
2019-07-18, 16:52

Siblings sentenced for elaborate Swiss bank inheritance scam Four of investor Harry Seggerman’s six children had a choice when he died in 2001 with more than $12 million illegally stashed in Swiss bank accounts — declare their share and pay taxes or keep the scam going. They chose the latter....
2019-06-27, 20:00

Pompeo and Kushner to Attend Secretive Conclave on Swiss Lake Top Trump administration officials are attending the annual Bilderberg Meeting, where political and business leaders swear never to publicly reveal what is discussed....
2019-06-01, 00:26

Swiss minister under fire for tobacco sponsorship of Expo pavilion Swiss Foreign Minister Ignazio Cassis is under fire over a 1.8 million Swiss francs ($1.8 million) sponsoring deal his department struck with tobacco giant Philip Morris International to help fund Switzerland's Expo 2020 pavilion in Dubai....
2019-07-24, 21:13

| Swiss women team player missing after swimming accident A player on Switzerland's national women's football team, Florijana Ismaili, has been declared missing after a swimming accident on Lake Como in northern Italy....
2019-06-30, 15:26

Vergne tightens hold on the FE title with victory in Swiss E-Prix DS Techeetah's Jean-Eric Vergne narrowly won Formula E's Swiss E-Prix after a tense race-long battle, following a 40-minute red flag period caused by a bizarre opening-lap eight-car pile-up...
2019-06-22, 22:26

How the Swiss Army knife factory makes 45,000 pocket knives per day Victorinox is Europe's largest knife manufacturer, best known for its iconic Swiss Army knives that have been around for nearly 130 years. The iconic red pocket knife design was originally created by Karl Elsener in 1891. The Victorinox factory in Ibach, Switzerland produces over 45,000 pocket kni...
2019-09-06, 04:13

| Caster to appeal gender rule at Swiss Supreme Court Caster Semenya will appeal the ruling by CAS which ruled in favour of the IAAF and their right to have female athletes regulate their testosterone levels....
2019-05-30, 01:00

Swiss firm RUAG reaches for stars with pre-IPO spending spree Swiss defence and aerospace company RUAG is planning around a $500 million acquisition spree to cash in on a boom in private U.S. space projects inspired by billionaire Elon Musk's SpaceX....
2019-06-05, 12:39

Swiss women stage strike for long-delayed equality Women across Switzerland held a strike on Friday to highlight their wealthy nation's poor record on female rights, recreating the passion of the first such walkout 28 years ago....
2019-06-14, 14:52

Semenya out of World Championships after Swiss court reverses reprieve "Double Olympic champion Caster Semenya will not defend her 800-metres title at the World Championships in Doha in September after the Swiss Federal Tribunal reversed a ruling that temporarily lifted the IAAF’s testosterone regulations imposed on her, a spokesman for the athlete said on Tuesday."...
2019-07-31, 20:13

Sweden's Saab backs out of Swiss fighter jet test flights Saab will not test its Gripen fighter jet this month in Switzerland, the Swedish company said on Thursday, after the Swiss defense procurement agency recommended against it on grounds the plane would not be operationally ready in 2019....
2019-06-13, 11:00

One Killed, Six Hurt In Cable Car Accident At Swiss Alps Resort One person was killed and six others injured in an accident at the Swiss mountain resort of Engelberg Titlis on Wednesday during maintenance work on an out-of-service ski lift....
2019-06-05, 19:39

What is Libra? All you need to know about Facebook's new cryptocurrency Facebook claims it wants to reach people without access to a bank account, and that Libra is the best wayOn Tuesday, Facebook announced a digital currency called Libra that will roll out for use in 2020 and allow the platform’s billions of users across the globe to make financial transactions online...
2019-06-18, 11:52

Swiss soccer player Florijana Ismaili missing after swimming accident GENEVA — Switzerland forward Florijana Ismaili is missing after getting into difficulties while swimming in Italy. Swiss side Young Boys Bern says it has been informed that Ismaili, who plays for its women’s team, has been missing since she had a swimming accident at Lake Como in Lombardy on S...
2019-06-30, 23:00

Swiss women stage mass strike demanding overdue equality Hundreds of thousands of women across Switzerland held a strike on Friday to highlight their wealthy nation's poor record on female rights, recreating the passion of the last such walkout 28 years ago....
2019-06-14, 21:13

Swiss data watchdog awaits details on Facebook crypto plan Facebook Inc's Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said on Tuesday, noting it wants more details to help define its oversight role over the U.S. social media company's proposed digital currency....
2019-07-24, 00:39

Money In Swiss Banks: India Slips To 74th Place, UK Remains On Top India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks, while the UK has retained its top position, as per data released by the central......
2019-06-30, 09:52

Swiss Court Suspends IAAF's Discriminatory Ruling Against Caster Semenya Switzerland’s top court has temporarily suspended the IAAF’s discriminatory ruling against South African runner Caster Semenya, meaning she will be allowed to compete in the 800m event without taking medication to suppress her body’s natural levels of testosterone. The suspension will remain in effe...
2019-06-03, 20:13

Caster Semenya appeals testosterone ruling to Swiss supreme court Athletics South Africa has also vowed to appeal a ruling by the Court of Arbitration for Sport that requires Semenya to artificially reduce her testosterone levels to compete alongside other women....
2019-05-30, 02:52

Caster Semenya To Miss World Championships After Swiss Court Ruling Caster Semenya will not defend her world 800m title in Doha in September after a Swiss judge overruled a temporary suspension on the IAAF's controversial testosterone-curbing rules....
2019-07-31, 21:13

Gun control in heavily-armed Switzerland faces May 19 vote, and the Swiss are grumbling In the world’s first referendum of its kind, citizens of this Alpine nation will head to the polls on May 19 to decide on stricter gun control.        ...
2019-05-21, 18:52

Swiss telco Sunrise fights to save $6.4 billion Liberty deal Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal....
2019-08-22, 10:39

Swiss bank UBS loses bond role in China after economist's pig comment One of China's biggest state-run infrastructure companies has decided to exclude UBS from a bond deal. A senior economist at the Swiss bank sparked a furor in China after he used the phrase "Chinese pig."...
2019-06-17, 13:39

Swiss blue-chip index set to open higher as bourse row begins The blue-chip Swiss Market Index was set to open 0.7% higher on Monday, pre-market indications from Julius Baer showed, as the first shots were fired in a tit-for tat stock market battle between Switzerland and the European Union....
2019-07-01, 11:26

Emirates' Etihad partners with Swiss blockchain platform Winding Tree Etihad Airways, the United Arab Emirates' national carrier, said on Thursday it has teamed up with open-source travel platform Winding Tree to explore using blockchain to distribute products and services without the need for third parties such as Sabre....
2019-08-08, 20:13

Swiss gondola cables injure workers at Titlis mountain resort At least one person was killed and several people were injured in a Swiss resort town when a gondola cable snapped during maintenance work. Swiss emergency workers deployed four helicopters to the scene near Lucerne....
2019-06-05, 15:26

British musician couple killed in Swiss light aircraft crash A British composer of film and television music and an acclaimed saxophonist died along with their baby in a plane crash in Switzerland on Sunday, a family spokesman said on Tuesday....
2019-08-28, 08:13

IAAF to seek swift reversion of Swiss court's Semenya ruling The International Association of Athletics Federations (IAAF) said it will seek a swift reversion of Monday's Swiss court ruling in favour of double Olympic champion Caster Semenya....
2019-06-05, 01:00

Missing Swiss soccer player Florijana Ismaili’s body found The body of Swiss national soccer team player Florijana Ismaili was recovered Tuesday, three days after she went missing in a swimming accident in Italy, officials said. Ismaili, 24, who played 33 times for Switzerland and was captain of Young Boys Bern’s women’s team, did not surface Sa...
2019-07-03, 14:13

Swiss prosecutors indict German football ex-officials over 2006 World Cup Authorities have charged three former officials with fraud over a €6.7 million payment in the run-up to the Germany-hosted World Cup. But the most famous face, Franz Beckenbauer, may not face trial owing to poor health....
2019-08-06, 16:39

Swiss aerial display team flies over yodeling festival by mistake Switzerland's Patrouille Suisse squadron has apologized for making a fly-by over the wrong municipality. Instead of marking the centenary of an aviation pioneer's death, it startled visitors at a yodeling event....
2019-07-08, 19:39

Motor racing: Swiss win moves Vergne closer to second Formula E title Jean-Eric Vergne took another step toward becoming the all-electric Formula E series's first multiple champion by winning a Swiss ePrix that had to be stopped and re-started after a mass pile-up on Saturday....
2019-06-23, 01:52

| A damning photo holds a Swiss-Russian mine accountable in Guatemala A group of fishermen from an indigenous community in Guatemala demanded to know more about the environmental impact of a ferronickel mine established on their ancestral land. One of them was killed, and a local reporter was criminalised for covering the story....
2019-06-20, 07:00

Swiss-based Glencore takes controlling stake in PolyMet mine ST. PAUL, Minn. (AP) — Swiss-based global commodities giant Glencore AG says it’s taking a 72% stake in PolyMet Mining, gaining majority control over what’s slated to become Minnesota’s first copper-nickel mine. PolyMet announced Thursday that Glencore’s stake will rise from ...
2019-06-27, 20:26

| Caster free to run as Swiss Supreme Court suspends IAAF ruling The Federal Supreme Court of Switzerland has ordered the IAAF to immediately suspend the implementation of the eligibility regulations against Caster Semenya....
2019-06-03, 23:39

British musicians and baby daughter killed in Swiss plane crash Jonathan and Hannah Goldstein and baby were in light aircraft thought to be flying to ItalyTwo leading British musicians and their baby daughter have been killed in a plane crash in the Swiss Alps.The award-winning composer Jonathan Goldstein, his wife, Hannah, a prominent saxophonist, and seven-mon...
2019-08-27, 19:39

REFILE-Swiss firm RUAG reaches for stars with pre-IPO spending spree Swiss defence and aerospace company RUAG is planning around a $500 million acquisition spree to cash in on a boom in private U.S. space projects inspired by billionaire Elon Musk's SpaceX....
2019-06-05, 15:39

Altria buys 80% stake in Swiss tobacco company Burger Sohne The Altria Group is buying an 80 percent share in Swiss company Burger Sohne and will commercialize one of its smokeless tobacco products, the companies announced Monday....
2019-06-03, 23:52

Swiss prosecutors indict ex-German football officials over 2006 World Cup Swiss prosecutors accuse former German football officials, including former DFB presidents Theo Zwanziger and Wolfgang Niersbach, of fraud related to the 2006 World Cup in Germany....
2019-08-06, 11:39

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
2019-07-13, 14:13

US Treasury has 'serious concerns' Libra could be used for terrorism The US government views cryptocurrencies, including Facebook-backed Libra, as a national security issue. In a press conference today, Treasury Secretary Steven Mnuchin said the Treasury Department has "very serious concerns" that Libra could be misus......
2019-07-15, 23:13

Facebook's New Cryptocurrency, Libra, Gets Big Backers Facebook has signed up more than a dozen companies including Visa, Mastercard, PayPal and Uber to back the new cryptocurrency that the social-media giant plans to unveil next week....
2019-06-14, 05:39

Why (Almost) Everybody Hates Facebook’s Cryptocurrency Libra Facebook Inc. says its mission is to “bring the world closer together.” Its plans to launch a digital currency called Libra have succeeded in uniting central bankers and financial regulators from around the globe, along with U.S. President Donald Trump and his Democratic opponents in Congress. They’...
2019-07-16, 09:13

Facebook wants to tie Libra cryptocurrency to the dollar Facebook has revealed more details about its upcoming Libra cryptocurrency launch, stating that it wants to tie the system to some of the biggest national currencies around.The social media giant has told US senators that Libra will be tied to a number of top currencies, including the US dollar, eur...
2019-09-10, 15:39

Facebook Libra scams already on the rise Ahead of the launch of Facebook's Libra, a new investigation by The Washington Post has discovered a dozen accounts, pages and groups on both Facebook and Instagram that claim to be official hubs of the social networking giant's new cryptocurrency.Some of these fraudulent pages even advert...
2019-07-23, 19:26

Facebook's New Libra Coin: How Does It Work, and Should You Buy It? On Tuesday Facebook announced Libra, a cryptocurrency that it will launch (along with 27 other partners) in 2020. A little like Bitcoin and a little like PayPal, Libra will be a new digital currency, one available to people without bank accounts or credit cards, but that could potentially be a major...
2019-06-19, 18:39

U.S. SEC chief says he has not discussed Libra with Facebook A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
2019-07-16, 21:00

Facebook set for grilling on Libra cryptocurrency Facebook is set to face further scrutiny on its ambitions to launch a cryptocurrency after "very serious concerns" were raised by senior US government members.The company is set to be questioned by the US Senate Banking Committee over its Libra cryptocurrency as the government looks to clarify its s...
2019-07-17, 04:39

UK MP on Libra: Facebook’s almost trying to turn itself into its own country Facebook‘s ‘cryptocurrency‘ Libra is ruffling feathers among UK politicians amid concerns that the technology giant’s entry into the world of finance would give it too much power. Similarly to their US counterparts, which questioned Facebook‘s blockchain leader David Marcus over two days last week, ...
2019-07-22, 16:13

France: We can't allow Facebook's Libra in Europe Facebook's Libra cryptocurrency cannot be allowed to operate in Europe while concerns persist about sovereignty, systemic financial risks and the risk of abuses by a dominant market player, France's finance minister said on Thursday....
2019-09-12, 23:52

Facebook reveals new Libra cryptocurrency Facebook has finally taken the wraps off its long-awaited cryptocurrency.The social media giant has revealed that it will be launching the new Libra cryptocurrency as part of its blockchain-powered Calibra digital wallet, coming to Messenger and WhatsApp in 2020.Facebook says you'll be able to ...
2019-06-18, 12:52

U.S. SEC chief says he has not met with Facebook since Libra announcement A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project....
2019-07-16, 22:13

Facebook’s ‘cryptocurrency’ Libra has nothing to do with Bitcoin Facebook's Libra is not a cryptocurrency and won't offer the kinds of protections that Bitcoin does. It's a way for Facebook to track what you buy.Read More...
2019-07-05, 00:26

Facebook's Libra Needs Scrutiny, BOE's Carney Says Facebook’s Libra project should be carefully vetted by regulators, Bank of England Gov. Mark Carney is expected to say Thursday, offering an early insight into how the U.K. central bank will approach the new cryptocurrency....
2019-06-21, 06:26

Sacklers used Swiss bank accounts to hide $1bn transfers, court papers show New York says it has documented $1bn in transfers, including millions from a Purdue parent company to Mortimer DA SacklerThe family that owns OxyContin maker Purdue Pharma used Swiss bank accounts to conceal the transfer of millions of dollars from the company to themselves, New York state’s attorne...
2019-09-14, 15:26

Amid U.S. fears over Huawei, Pompeo warns Swiss about close ties to China U.S. Secretary of State Mike Pompeo warned Switzerland about its close business ties with China, telling a newspaper the neutral European country was exposing itself to privacy breaches if it let Chinese companies help build its infrastructure....
2019-06-04, 12:39

Caster Semenya Appeals To Swiss Supreme Court To Stop IAAF's Discrimination Against Her South African runner Caster Semenya is officially appealing the discriminatory regulations put in place to stop her from competing in her best event, the 800 meters....
2019-05-29, 23:13

Barclays analysts call for UBS strategy overhaul, suggest break up of Swiss bank Barclays analysts have questioned the ability of UBS to achieve satisfactory returns, suggesting market expectations of the Swiss investment bank are too high....
2019-05-21, 21:00

Caster Semenya free to run 800m without medication for now as Swiss court floors IAAF • Swiss court tells IAAF to suspend testosterone regulations• Olympic champion can compete without medication to 25 JuneCaster Semenya is once again free to run the 800m without having to take medication – at least for the time being – after the Swiss supreme federal court ordered the IAAF to suspen...
2019-06-03, 21:52

Swiss supreme court gives green light to UBS client data transfer to France Switzerland's supreme court on Friday voted in favor of handing over historical data on over 40,000 UBS clients to French authorities in a landmark ruling....
2019-07-31, 18:00

Sacklers used Swiss bank accounts to hide transfers, court papers show New York says it has documented $1bn in transfers, including millions from a Purdue parent company to Mortimer DA SacklerThe family that owns OxyContin maker Purdue Pharma used Swiss bank accounts to conceal the transfer of millions of dollars from the company to themselves, New York state’s attorne...
2019-09-14, 02:00

Indian Origin Swiss Lawmaker Visits "Home Town" In Kerala's Thalassery It was a trip down memory lane for 49-year-old Niklaus Samuel Gugger, an Indian origin member of the Swiss Parliament, who was in the port town of Thalassery, where he spent his early years....
2019-07-31, 23:52

Cristiano Ronaldo hat-trick lets Portugal survive bizarre VAR penalty for Swiss What more can be said about the man? He is 35 on his next birthday and, in football, even the greats reach a point when the one opponent they cannot beat is age. Not Cristiano Ronaldo, though – or not yet anyway, judging by this latest demonstration of his uncommon ability to bend football matches t...
2019-06-06, 03:01

Caster Semenya: Olympic 800m champion files appeal to Swiss court Olympic champion Caster Semenya files a new appeal to a Swiss court to challenge the decision regarding the restriction of testosterone levels in female runners....
2019-05-29, 22:52

Swiss writer Lukas Bärfuss wins prestigious Georg Büchner Prize German's most esteemed literary prize has been awarded to the prodigious Swiss author, playright and essayist, who was praised for examining the "fundamental existential condition of modern life."...
2019-07-09, 13:26

European traders banned from trading Swiss blue chips as EU talks break down European traders are banned from trading stock in hundreds of Swiss companies from Monday following a breakdown of treaty talks between Switzerland and the European Union....
2019-07-01, 15:39

Italy protests Swiss delay in releasing evidence in Nigeria graft case Italian prosecutors have complained to Switzerland about lengthy delays in obtaining evidence they have requested in an international corruption case involving oil firms Shell and Eni, a source familiar with the matter said....
2019-06-21, 13:39

Swiss bank Pictet boosts assets under management, first half profit slips Group assets under custody or management at Swiss private bank and asset manager Pictet rose nearly 10% in the first half versus the end of 2018, it said on Monday....
2019-09-03, 08:39

Golf: McIlroy falters late as Romero regains lead in Swiss Alps Rory McIlroy said his recent exertions had caught up with him after a sloppy bogey, bogey finish left him three strokes behind leader Andres Romero in the third round at the European Masters in the Swiss Alps on Saturday....
2019-08-31, 19:52

Body of missing Swiss soccer player Florijana Ismaili, 24, discovered, officials say The body of Swiss soccer player Florijana Ismaili was found Tuesday after she was reporting missing following a “swimming accident” on a lake in Italy, authorities said....
2019-07-03, 21:52

France says G7 focused on containing risks of Facebook's Libra Group of Seven finance ministers meeting in France this week will make it one of their priorities to contain the risks posed by new currencies such as Facebook's Libra, the meeting's host, Finance Minister Bruno Le Maire, said....
2019-07-17, 08:13

G7 nations to act against Facebook's 'Libra' cryptocurrency plan Facebook's plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June that it would roll out a new digital currency, called Libra, from 2020....
2019-07-18, 09:26

Facebook, stop trying to make Libra happen Just when we thought Facebook’s Libra couldn’t be subject to any more scrutiny, it turns out that data protection bosses from all over the world have banded together to share concerns about the ‘cryptocurrency’s’ potential privacy risks. Data officers from the UK, European Union, US, Canada, Burkina...
2019-08-06, 15:26

Investors Bet That Visa, Mastercard Can Stand Up to Libra Investors are betting that Facebook’s efforts to create a blockchain-based payments system won’t threaten credit-card companies’ winning streak—at least for now....
2019-06-18, 20:26

Facebook's real goal with Libra is to become even more of a utility David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company....
2019-07-15, 21:52

Stablecoins like Libra must be held to highest standards: G7 Stablecoins like Facebook's Libra can foster financial inclusion but they must be held "to the highest regulatory standards" to ensure that they aren't used to launder money and that users are protected, a Group of Seven taskforce on the issue concluded....
2019-07-18, 21:52

Facebook's Libra Bets It Can Bank the Unbanked Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide who don’t use banks or other traditional institutions. The cryptocurrency sector has for years tried to do the same and failed....
2019-08-22, 17:13

Bitcoin Loses Almost a Third of Its Value as Libra Hype Fades Facebook’s struggle to convince lawmakers it can create a viable cryptocurrency is rubbing off on bitcoin. The company’s ambitious plan to release a digital coin, called Libra, has spoiled bitcoin’s big rally this year....
2019-07-17, 10:00

Facebook to face more scrutiny from Congress on Libra Facebook Inc will face more questioning on Wednesday by U.S. lawmakers over its planned cryptocurrency after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted....
2019-07-17, 14:39

Libra Association opens Bug Bounty program to everyone Facebook's Calibra digital wallet isn't expected to launch until 2020. But, as you might expect, the organization created to protect the Libra cryptocurrency that will be used with Calibra (and other Libra financial services) is already working to en......
2019-08-27, 17:39

India isn’t keen on Facebook’s Libra ‘cryptocurrency’ Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. “Design of the Facebook currency has not been fully explained...
2019-07-08, 18:52

Facebook takes aim at e-commerce with Libra cryptocurrency Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments....
2019-06-18, 18:00

IMF says regulators must address possible risks from Facebook's Libra Facebook Inc's planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential "backdoor dollarization," the IMF's chief economist said on Wednesday....
2019-07-17, 18:13

Regulators to question Facebook over new Libra cryptocurrency BoE among 26 global banks due to meet with Libra amid fears over risk to state sovereigntyGlobal regulators will question Facebook on Monday about its Libra cryptocurrency amid concerns from EU governments over the threat the digital currency poses to financial stability, according to the Financial ...
2019-09-15, 16:26

Libra cryptocurrency will increase financial inclusion The Libra Association, created in part by Facebook to launch a digital currency, is not in tension with regulatory oversight, writes Dante Disparte.       ...
2019-07-04, 00:26

Libra Association launches bug bounty program The Libra Association has announced a bug bounty program with up to $10,000 in rewards for identifying security flaws in the blockchain's testnet code.Read More...
2019-08-27, 17:13

Facebook needs to drop Libra and buy Square, Jim Cramer says "It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide....
2019-07-18, 01:26

Facebook’s ‘cryptocurrency’ Libra may be in more trouble than we thought Facebook‘s ‘cryptocurrency’ Libra may be in even deeper trouble than we thought if a recent report is anything to go by. According to the Financial Times, it seems that some of Facebook‘s early backers have been spooked by increasing regulatory scrutiny. It’s being reported that at least three of Fa...
2019-08-23, 19:13

Hard to Read Facebook's Libra Fortune Facebook’s cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative....
2019-06-18, 19:13

Fed's Powell Says Facebook's Libra Raises 'Serious Concerns' Federal Reserve Chairman Jerome Powell strongly signaled again that the central bank could cut interest rates later this month to bolster the U.S. economy as it faces risks from slowing global growth and uncertainty about trade disputes....
2019-07-12, 00:13

Facebook's Libra Is a License to Print Money A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions about its take-up, it could be insanely profitable in real money, too....
2019-06-23, 18:13

Donald Trump is 'not a fan' of cryptocurrency, Facebook Libra Just hours after a "social media summit," the president's Twitter account posted a thread aimed at, of all things, cryptocurrency. After starting off by claiming he's "not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose va......
2019-07-12, 03:26

How Facebook's Libra could lead you to clean out your wallet Facebook's upcoming cryptocurrency Libra has some experts concerned about security issues. A possible bigger problem: out-of-control spending by consumers....
2019-07-05, 18:39

Facebook to launch Libra cryptocurrency next year Social media giant Facebook on Tuesday officially announced it will launch its own cryptocurrency, in a move some analysts believe could bring others like bitcoin more in the mainstream....
2019-06-18, 21:13

Facebook's Libra falls into 'big gap' in EU rules: regulator Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a time when the bloc's ability to tackle money laundering is already stretched, a top EU regulator said on Thursday....
2019-09-05, 15:26

U.S. Warns Switzerland on Oversight of Facebook's Libra The U.S. urged Switzerland to ensure its regulations governing cryptocurrencies are strong enough to prevent abuse, as the European banking hub prepares to host Libra, a digital currency proposed by Facebook....
2019-09-11, 01:39

Facebook to Hire Banking Expert to Run 'Libra' David Marcus, Facebook's vice president of messaging products and a key figure behind 'Libra' digital currency project, made the statement in an interview....
2019-06-29, 18:52

EU regulators to set high bar to authorise Libra, ECB's Coeure says European Union regulators will set a high bar on regulatory approvals for virtual currency projects in Europe, including Facebook's Libra, European Central Bank board member Benoit Coeure said on Friday....
2019-09-13, 15:13

Steer Clear of Libra Cryptocurrency Scams Libra hasn’t even officially debuted on Facebook yet, but the highly anticipated cryptocurrency has already gotten a ton of interests—from scammers. In fact, it’s hard to tell who is more interested in Libra at this point: those looking to make a quick buck from cajoling you to jump in early so you ...
2019-07-23, 21:26

Facebook won't make Libra available until regulators are happy Facebook is determined to reassure officials that its Libra cryptocurrency is above-board. As part of prepared testimony for a July 16th Senate hearing, Calibra head David Marcus has stressed that the social network won't offer the virtual money unti......
2019-07-15, 23:13

Facebook's Libra coin likely to run a regulatory gauntlet Facebook Inc will face unprecedented regulatory scrutiny over a new digital currency that the social media company hopes will become globally recognized legal tender within a year....
2019-06-29, 00:00

Facebook's Cryptocurrency "Libra" Will Be Launched In 2020 Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
2019-06-18, 15:00

Swiss court bars intersex female runner Caster Semenya from 800 at world championships Caster Semenya won't defend her 800-meter title and compete in the world track and field championships after a Switzerland court reversed its ruling.       ...
2019-08-01, 03:52

Caster Semenya: IAAF wants 'swift reversal' of Swiss court's suspension of testosterone rules The IAAF says it will seek a "swift reversal" of the decision that allows Olympic 800m champion Caster Semenya to temporarily compete without taking medication....
2019-06-06, 02:00

Swiss private bank Julius Baer posts 19% decline in adjusted net profit for the first half Swiss private bank Julius Baer posted a 19% decline in adjusted net profit in the first six months of 2019 as tepid trading continued from its wealthy clients....
2019-07-22, 08:52

Swiss jewelry brand Chopard stiffs celebs, lies about ‘ethical gold’: suit A Swiss jewelry brand whose sparkling pieces have been worn by several big-name stars — including Kendall Jenner, Rihanna and Ryan Reynolds — lies about using “ethical gold” and drags its feet on paying celebrities who promote the bling, a rep for the company says in a new Manhattan lawsuit. Desiree...
2019-08-22, 05:39

Opiate tycoons stashed $1 billion in Swiss banks amid probe: Court files The Sackler family, which owns OxyContin maker Purdue Pharma, is believed to have transferred about $1 billion (€900 million) to themselves, including to their Swiss bank accounts, court papers showed....
2019-09-14, 08:26

Nightmare creature had egg-shaped eyes, Swiss Army knife head and a butt shield A spiky, armor-plated "walking tank" with bulging eyes, a shield on its butt and a head like a Swiss army knife scuttled along the seafloor more than 500 million years ago, snapping up prey with a deadly pair of mouth pincers called chelicerae....
2019-09-14, 03:13

Caster Semenya: Olympic champion temporarily cleared to compete without medication by Swiss court Caster Semenya is temporarily free to compete in her preferred 800m event without taking medication to lower her testosterone levels as she awaits the result of an appeal against an IAAF ruling....
2019-06-03, 22:26

Mandatory update coming to Windows 7, 2008 to kill off weak update hashes Enlarge Windows 7 and Windows Server 2008 users will imminently have to deploy a mandatory patch if they want to continue updating their systems, as spotted by Mary Jo Foley. Currently, Microsoft's Windows updates use two different hashing algorithms to enable Windows to detect tampering or modif...
2019-05-21, 15:39

Japan urges G-7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G-7 counterparts to make a comprehensive assessment of Facebook's Libra digital currency for any fresh challenges that could be overlooked by existing regulations....
2019-07-18, 03:00

Central banks will want oversight of Facebook's Libra - BoE's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does not allow money laundering or finance terrorism, Bank of England Governor Mark Carney said....
2019-06-21, 12:13

Bitcoin Fans Spy Opportunity in Facebook Libra Launch Bitcoin’s backers are adamant that Facebook’s coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells opportunity....
2019-06-18, 15:39

Facebook's Libra Cryptocurrency: How It Stacks Up to Bitcoin and PayPal In many ways, Libra appears to operate more like existing web-payment systems, such as PayPal, than bitcoin. Here’s how Facebook’s new system compares with systems already out there....
2019-06-28, 16:26

Facebook's Libra Could Give Dollar, Banks Some Welcome Competition Facebook’s new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do....
2019-06-27, 22:13

Facebook Says Libra Can Change the World. It Needs to Convince Users. Facebook has big plans to remake the financial system with its cryptocurrency-based payments network. But persuading people to adopt a brand-new technology could be tough....
2019-06-27, 22:13

France to block development of Facebook's Libra cryptocurrency Finance minister warns monetary sovereignty of governments could be at riskFrance has said it will block development of Facebook’s Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments.“I want to be absolutely clear: in these conditions, we cannot authorise th...
2019-09-12, 13:00

Can Facebook's Libra Avoid Regulators? History Suggests Not For all its crypto styling, Facebook’s Libra looks less like bitcoin and more like a 50-year-old type of investment fund that has attracted intense regulatory scrutiny since the 2008 financial crisis. Investors should be skeptical of claims it can escape the same kind of attention....
2019-07-04, 14:39

'I don't think you should launch Libra': US lawmakers hammer Facebook over currency House members challenge company over its plans to protect data and question its goals in latest clash on Capitol HillFacebook once again faced intense questioning from US lawmakers over the future launch of its cryptocurrency project Libra, in a combative hearing that highlighted deep skepticism ove...
2019-07-18, 00:00

Facebook reveals Libra cryptocurrency, with lofty goals Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments....
2019-06-18, 11:13

France doesn’t want Facebook to operate Libra in Europe Facebook’s ambitious cryptocurrency project, Libra, has been facing a lot of heat in Europe since its announcement in June. Now, according to Reuters, the French finance minister, Bruno Le Maire, doesn’t want it to operate in the EU, as he feels it’s unclear exactly how the digital currency will fun...
2019-09-12, 15:52

Facebook reveals its new digital currency called Libra As expected, Facebook announced a brand new cryptocurrency coming in 2020 – Libra. Described as a new digital wallet for new digital currency, the new financial service will allow consumers to keep their cryptocurrency safe, as well as make various transactions.When it launches in 2020, the digital ...
2019-06-18, 15:13

France says it will block Facebook's Libra cryptocurrency in Europe Facebook's Libra cryptocurrency has run into another stumbling block. Less than a month after the EU opened up an antitrust investigation into the project, officials in France have announced that they "cannot authorize" Libra on European soil....
2019-09-12, 16:39

Facebook's Libra Coin Frightening, Company Co-Founder Says Facebook co-founder Chris Hughes, who initiated the call to break up the social networking giant, has termed the new digital currency Libra "frightening"....
2019-06-22, 18:26

Japan urges G7 to think beyond existing rules in dealing with Libra Japanese Finance Minister Taro Aso on Wednesday urged his G7 counterparts to make a comprehensive assessment of Facebook Inc's Libra digital currency for any fresh challenges that could be overlooked by existing regulations....
2019-07-18, 03:01

Why Facebook's Libra currency gets the thumbs down | Joseph Stiglitz Only a fool would trust Facebook with their financial wellbeing. But maybe that’s the point of the Libra currencyFacebook and some of its corporate allies have decided that what the world really needs is another cryptocurrency, and that launching one is the best way to use the vast talents at their ...
2019-07-02, 16:52

US, UK regulators ask Facebook how Libra will protect personal data Facebook knew its Libra cryptocurrency would face a regulatory gauntlet, but it might not have expected a united front. Regulators from the US, UK, EU and four other governments have asked Facebook to answer several questions about how it will prote......
2019-08-06, 00:00

China says new digital currency will be similar to Facebook's Libra China's proposed new digital currency would bear some similarities to Facebook's Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said....
2019-09-06, 09:13

Facebook's Libra launch will extend its global domination Cryptocurrency could wipe out many businesses and further concentrate corporate powerEvery week, dozens of people walk into the Sunshine convenience store in Charlottesville, Virginia, to send money to relatives in other countries. They use a service called MoneyGram, one of the two largest firms (t...
2019-06-18, 11:52

Libra launch won't happen until regulators are happy: Coeure Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have been addressed and "a prolonged discussion" may be needed first, the man in charge of their response told Reuters....
2019-07-18, 21:52

Facebook warned Libra cryptocurrency will come under close scrutiny UK financial regulator highlights concerns over consumer protection and privacy Facebook’s plans for a global cryptocurrency, Libra, will warrant close scrutiny by governments across the world, according to one of the UK’s most senior financial regulators.Christopher Woolard, the executive director ...
2019-07-03, 12:00

| Facebook’s big Libra launch 'only fanned the flames' for critics Congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for Libra was likely a public relations effort gone bad....
2019-08-04, 04:26

US lawmakers tell Facebook to halt the launch of its Libra cryptocurrency US lawmakers have asked Facebook to "immediately cease implementation plans" of its Libra cryptocurrency. Before it proceeds any further, the House Financial Services Committee, led by Democrat Maxine Waters, wants to examine risks around cyber secur......
2019-07-03, 12:39

EU looking to see if Facebook's Libra currency poses competition risks EU regulators are examining Facebook's proposed Libra cryptocurrency to see if it harms competition, Europe's antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network's move into financial services....
2019-09-05, 08:26

Libra: US Congress asks Facebook to pause development Legislators say they need time to investigate cryptocurrency and its potential impactThe US Congress has asked Facebook to pause development on its Libra cryptocurrency until lawmakers have had more time to investigate the ramifications of the company’s actions.In a letter from the Democratic heads ...
2019-07-03, 14:13

Congress Demands Facebook Put Brakes on Libra Cryptocurrency Facebook’s Libra cryptocurrency is off to a rocky start. After announcing Libra last month, U.S. lawmakers were none too thrilled given the social media giant’s dubious track record with privacy. Now, the U.S. House Committee on Financial Services is calling on Facebook to halt its plans.Read more.....
2019-07-03, 20:00

Facebook's Libra puts 'unregulated cryptocurrencies' into focus The G7 ministers said this week they want to clamp down on cryptocurrencies like Facebook's Libra, arguing new and untested digital coins risk destabilizing international monetary systems. But can they and should they?...
2019-07-19, 21:52

Facebook will launch its Libra digital currency in 2020 Facebook has finally revealed plans to launch its new digital currency Libra next year. The tech giant said users would be able to use the coin through its apps and on Facebook-owned messaging service WhatsApp. Once it’s launched, users will be able to purchase Libra and store it in its own digital ...
2019-06-18, 13:13

Congress finally catches up to the ‘bitcon’ after Libra controversy As I was saying in a column back on May 22, bitcoin and all the other phony cryptocurrencies need to be investigated. They are “bitcons” — confidence games that are going to eventually cheat anyone foolish enough to entrust their money to these scams. And they are dangerous because they allow rogue ...
2019-07-18, 04:26

Facebook Unveils Libra, Cryptocurrency Rival to Bitcoin Facebook formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users....
2019-06-18, 13:26

‘Arrogance,’ ‘a ploy,’ 'bold’: Here’s what officials are saying about Facebook’s Libra Officials at home and abroad sounded off this week about Facebook's plans to start a cryptocurrency, expressing fears it could destabilize financial markets....
2019-07-20, 00:26

| Facebook's Libra currency could threaten the euro - official Widespread adoption of Facebook's proposed 'Libra' cryptocurrency could harm the European Central Bank's ability to manage the eurozone economy and threaten the euro itself, a top official said....
2019-09-04, 03:52

| Privacy watchdogs warn Facebook over Libra currency Global privacy regulators have joined forces to demand guarantees from Facebook on how it will protect users' financial data when it launches its planned cryptocurrency, Libra....
2019-08-06, 20:39

Democrats call on Facebook to abandon Libra cryptocurrency Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, compared Facebook to scandal-plagued Wells Fargo and said the tech giant shouldn't be allowed to proceed....
2019-07-17, 22:39

Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it...
2019-07-16, 13:52

Here are the Senate’s sickest burns dished out to Facebook’s Libra Facebook‘s digital currency, Libra, has been causing a bit of a ruckus lately. Since its plans became public a few weeks ago, headlines have largely been awash with why it’s probably a bad idea. Nations all over the globe started to wake up to the reality of a currency controlled by the data hoardin...
2019-07-17, 15:52

France to block Facebook's Libra cryptocurrency in Europe Finance minister says governments’ monetary sovereignty could be at riskFrance has said it will block the development of Facebook’s Libra in Europe, dealing the cryptocurrency a fresh blow. The French finance minister, Bruno Le Maire, said plans for Libra could not move ahead until concerns over con...
2019-09-12, 20:13

PayPal Cautious About Future of Facebook's Libra Cryptocurrency PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut with the pioneering digital payments firm as part of its oversight association....
2019-09-14, 13:39

Germany against allowing Facebook's Libra in Europe: Der Spiegel The German government is against giving regulatory approval for Facebook's Libra digital currency in the European Union, Der Spiegel magazine reported on Friday, citing a member of Chancellor Angela Merkel's conservatives....
2019-09-13, 17:13

Facebook cryptocurrency Libra skewered on Capitol Hill Facebook has pitched the cryptocurrency as a way to bridge a gap in the financial system for those who lack access to traditional banking. But regulators around the world and U.S. lawmakers have questioned the plan....
2019-07-17, 06:39

France, Germany reject Facebook's libra cryptocurrency Facebook announced big plans to revolutionize payments in Europe with the launch of a virtual currency. But EU finance ministers see libra as a risk to monetary stability....
2019-09-14, 08:26

Facebook’s Libra coin isn’t even out yet, but it’s already facing opposition in Europe Facebook on Tuesday announced the Bitcoin rival it has been developing for the better part of a year: Libra. From the start, Facebook insisted on how secure Libra would be, and on the fact that a subsidiary called Calibra will be in charge of Libra, and that a Libra Association would oversee the Lib...
2019-06-18, 22:39

BoE's Carney says keeping open mind on Facebook's Libra Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off....
2019-06-18, 19:39

Facebook Questioned by Lawmakers on Its Libra Digital Currency Top Senate lawmakers questioned Facebook’s plans for its own cryptocurrency, with the banking committee’s leading Democrat saying the social-media giant isn’t trustworthy enough to operate its own digital money....
2019-07-17, 00:26

Facebook Needs 'Very High Standard' For Libra Coin: US Treasury Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday....
2019-07-16, 08:52

Senators grill Facebook on its plans for Libra cryptocurrency Facebook Inc is "delusional" to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers from both sides of the aisle questioned the social media company on its plans for a digital currency at a hearing on Tuesday....
2019-07-16, 17:39

U.S. Senate to grill Facebook over plans for Libra cryptocurrency U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe....
2019-07-16, 12:26

France Hardens Position Against Facebook's Libra Currency Europe should block Facebook-backed digital currency Libra and create a public alternative, a senior French official said, staking out a hard line amid broader resistance to the idea from U.S. and international officials....
2019-09-13, 02:13

Federal Reserve already concerned over Facebook’s cryptocurrency Libra Facebook’s cryptocurrency Libra hasn’t been launched yet, but it’s already giving the Federal Reserve a headache. “Libra raises serious concerns regarding privacy, money laundering, consumer protection, financial stability,” Fed Chairman Jerome Powell warned Congress on Wednesday. “These are concern...
2019-07-11, 10:39

Facebook's Libra cryptocurrency faces EU antitrust scrutiny Facebook's Libra is reportedly being probed by the European Union's competition authorities. The cryptocurrency plan has been met with intense skepticism from both data protection activists and regulators....
2019-08-21, 11:26

Facebook Unveils Plans For Global Cryptocurrency 'Libra' Facebook and some two dozen partners on Tuesday released a prototype of a cryptocurrency called Libra, whose rollout as global digital money is expected next year....
2019-06-19, 14:52

Facebook’s Libra Association is being investigated by EU antitrust regulators Facebook's Libra cryptocurrency project is being probed again, this time by European Union antitrust regulators. The European Commission said it is "currently investigating potential anti-competitive behavior," related to the Libra Association, Bloom......
2019-08-21, 03:13

Facebook's Libra faces EU antitrust probe: Bloomberg Facebook Inc's proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported on Tuesday, citing a document seen by the organization....
2019-08-21, 05:00

Conditions not in place for Facebook's Libra to go ahead: France Facebook's Libra digital coin project cannot go ahead in the form it has been presented so far, French Finance Minister Bruno Le Maire said on Wednesday....
2019-07-17, 18:13

Central banks to question Facebook over Libra cryptocurrency Facebook is about to undergo further scrutiny of its Libra cryptocurrency, and it may have to answer some difficult questions. Officials speaking to the Financial Times said that Libra representatives are meeting with officials from 26 central banks......
2019-09-15, 23:39

Washington Has Doubts About Facebook's Libra Payments Network Cryptocurrency backers found a silver lining in President Trump’s Thursday attacks on bitcoin: The attention from him—and Fed Chairman Jerome Powell the same day—shows the industry’s growing importance....
2019-07-12, 15:52

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted....
2019-07-17, 18:13

Is Facebook’s new Libra currency a play to become the world’s banker? The social-media giant says it wants to provide financial services to billions of people around the world, including those who lack access to banking....
2019-06-19, 02:13

The Division 2 TU5 Patch Notes Confirmed: Title Update 5 DLC update changes revealed Ubisoft has revealed the patch notes for The Division 2, revealing the headline changes for that are coming along with the newest DLC update - here's what you need to know....
2019-07-23, 20:52

UPDATE 1-Tesla owner lawsuit claims software update fraudulently cut battery capacity A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs allege are defective batteries....
2019-08-09, 03:52

World War Z Game Update: July 2019 FREE Six Skulls update and more coming this week Co-op shooter World War Z is getting a big update this week, and publisher Focus Home Interactive has promised that there's plenty to come in the next few months....
2019-07-02, 14:26

My Beloved 'Project Swiss Cheese' Died to Give Life to This Two-Door 1995 Jeep Cherokee Back in May, I sold my 1995 Jeep Cherokee—a $600 rustbucket that just three years prior had heroically stuck it to $50,000 rigs on the trails of Moab, Utah—for $500 to a young man with an ailing XJ. That young man stopped by last week to show me the machine that Project Swiss Cheese’s organs saved, ...
2019-07-16, 03:00

Caster Semenya: IAAF vows to fight on after Swiss court hands Olympic champion reprieve The IAAF has pledged to take the fight to Caster Semenya after a Swiss court gave the two-times Olympic champion a temporary reprieve to continue competing without hormone-suppressing drugs....
2019-06-04, 17:00

Roger Federer wins Swiss scrap to book French Open semi-final against Nadal • Federer overcomes Stan Wawrinka in four sets• Rafael Nadal defeats Kei Nishikori in straight setsRoger Federer finally got himself into a dogfight at this French Open after a relatively quiet run to the quarter-finals, where he survived an all-Swiss scrap with his long-time friend and rival Stan W...
2019-06-04, 22:52

Anthem Update Patch Notes 1.2.0 Today: New Freeplay Update, Cataclysm news coming tomorrow EA and Bioware have pushed out the first Anthem update in weeks - and we're expecting some more news to come tomorrow, too. Here's what you need to know....
2019-05-29, 20:52

Facebook's Libra must be 'rock solid' before launch warns BoE's Carney Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on Thursday....
2019-07-11, 18:00

Facebook Libra chief testifies in Congress to explain cryptocurrency The head of Facebook's blockchain division will appear in Congress Tuesday for the first of two hearings about the social media network's plans to roll out a new digital financial system next year....
2019-07-16, 13:26

Facebook asked by lawmakers to pause Libra cryptocurrency project Congresswoman Maxine Waters asked Facebook to halt movement of its Libra project until hearings can be held to examine concerns, while French Finance Minister has called for tighter cryptocurrency regulation....
2019-06-19, 04:01

Germany's Scholz sounds alarm on cryptocurrencies such as Facebook's Libra German Finance Minister Olaf Scholz said regulators must ensure that cryptocurrencies such as Facebook's planned digital coin Libra do not threaten financial stability and consumer privacy....
2019-07-16, 13:52

Facebook’s Libra ‘cryptocurrency’ is missing one thing: monetary policy Facebook has outlined the economics of its new Libra cryptocurrency, revealing it will create a secondary token intended specifically to pay dividends to early backers. It’s called the Libra Investment Token, and it will only be available to members of the Libra Association (which maintains the netw...
2019-06-18, 13:13

Facebook forced to take action against fraudsters peddling fake Libra It’s barely been a month since Facebook unleashed its cryptocurrency Libra into the wild and published its whitepaper. But already, the social media giant has been forced to address a growing number of fake communications associated to its digital asset. Around a dozen “fake accounts, pages, and gro...
2019-07-23, 14:52

Facebook reveals Libra cryptocurrency, sparking new privacy concerns Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns....
2019-06-18, 20:39

Facebook's Libra cryptocurrency 'poses risks to global banking' Move could affect competition and data privacy, warns Bank for International SettlementsFacebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents th...
2019-06-23, 19:00

Facebook's Libra: Why is the world fascinated by a cashless society Facebook’s Libra is joining the cryptocurrency world alongside Bitcoin and Ethereum, but this isn’t the first cashless method on the market. As companies are simplifying consumer transactions, will cash reach an expiration date? We explain.       ...
2019-06-29, 00:52

Facebook’s Libra currency gets backing from MasterCard, Visa, PayPal and more Today, Facebook finally announced its long-rumored cryptocurrency platform, Calibra. Some speculated that the company would rely on outside firms and existing cryptocurrency exchanges, like the Winklevoss twins' Gemini. Instead, Facebook's Calibra wi......
2019-06-18, 13:39

Facebook's Libra cryptocurrency faces questions from international regulators Chair of Financial Stability Board says company’s plans could spark closer scrutiny of cryptocurrenciesFacebook’s Libra cryptocurrency is facing increasing skepticism from international regulators days after ambitious plans for it were unveiled by the social media company.On Tuesday, Randal Quarles,...
2019-06-27, 21:13

Libra cryptocurrency must meet tough regulatory standards: U.S. Treasury The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing, a senior U.S. Treasury official said on Tuesday....
2019-09-10, 14:00

President Trump takes aim at Facebook’s cryptocurrency, Libra, saying it should be regulated Taking aim at Facebook's plans to launch a virtual currency, known as Libra, and wallet, named Calibra, Trump said in a series of tweets that the currency would have "little standing or dependability."...
2019-07-12, 04:26

Factbox: Facebook's cryptocurrency Libra and digital wallet Calibra Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with skeptical regulators around the world....
2019-09-13, 22:52

Facebook should stop trying to disrupt payments with Libra and focus on repair Facebook has had quite a run operating in the completely unregulated, wild world of social media, finally ending with a mea culpa that it needs government regulation in order to manage the massive social and democratic disorder it has created. With its new Libra cryptocurrency, Facebook wants to dis...
2019-08-18, 18:52

Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed....
2019-07-15, 20:52

Facebook’s ‘cryptocurrency’ Libra reportedly facing EU competition probe Facebook’s controversial ‘cryptocurrency’ Libra is facing a competition probe by the European Union Commission, according to a document seen by Bloomberg. The European Union’s antitrust regulators are “currently investigating potential anti-competitive behavior” amid concerns Facebook would monopoli...
2019-08-21, 10:26

Bitcoin near two-week highs, fueled by hopes for Facebook's Libra Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin....
2019-07-09, 12:52

Fed's Powell expects Facebook's Libra to be topic among G7 finance chiefs Federal Reserve Chair Jerome Powell on Thursday said he expects concerns about Facebook Inc.'s proposed new crypto currency Libra to be a main topic of discussion next week when finance ministers and central bankers from the Group of Seven nations meet in France....
2019-07-11, 18:00

Bitcoin price falls below $10,000 as boost from Facebook's Libra fades Cryptocurrency climbed to nearly $14,000 on news social network was launching rivalThe price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000.Continuing its wild ride, the digital currency dropped to $9,717 on Tuesday, down 8.1% on the day. Last Wednesday, t...
2019-07-02, 12:13

Facebook announces Libra cryptocurrency and Calibra digital wallet Facebook announced its cryptocurrency Libra and a global association of organizations that will govern it. And Facebook also announced Calibra, a new subsidiary that will build a digital wallet for Messenger, WhatsApp, and a standalone app on iOS and Android. The move has been expected for a while a...
2019-06-18, 11:13

Would you trust Facebook with your money? What Libra cryptocurrency means for users Facebook revealed it will launch a digital currency similar to Bitcoin, called Libra. Here's what that move might means for its users.       ...
2019-06-18, 19:52

Libra: Facebook launches cryptocurrency in bid to shake up global finance Digital currency will let billions of users make transactions but is raising privacy concernsFacebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that could potentially shake up the world’s banking sys...
2019-06-18, 11:52

Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers race to build cryptocurrencies able to enter mainstream commerce and finance....
2019-06-18, 18:00

France Warns It Will Block Development Of Facebook's Libra Cryptocurrency France warned on Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments....
2019-09-12, 19:52

Switzerland warns Facebook's Libra it will face extra scrutiny Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws....
2019-09-12, 03:39

Consensus among G7 ministers to tackle Facebook's Libra: French chair G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook's plans to launch its Libra digital coin, a French G7 presidency source said on Wednesday....
2019-07-18, 03:01

Facebook faces more scrutiny from Congress over Libra cryptocurrency plan Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted....
2019-07-17, 17:00