JPMorgan to pay $5.1 bn to settle Fannie, Freddie claims JPMorgan Chase will pay $5.1 billion to settle charges it overstated the quality of mortgages and mortgage-backed securities sold to Freddie Mac and ... Mexico central bank cuts key rate amid weak growth Mexico's central bank slashed its main interest rate on Friday, the third cut this year to counter weakening growth in Latin America's second biggest ... Cuba sets up shop for investors in new duty-free port zone Cuba is setting up shop for foreign investors interested in getting in on its upgraded port in Mariel and a surrounding duty-free zone.Oscar Perez, ... Mexico's Pemex posts $3 billion third quarter loss Mexico's state oil giant Pemex posted on Friday a $3 billion third quarter loss, citing lower crude export volumes, falling fuel prices and a ... Boeing, Lockheed team up for new US Air Force bomber Boeing and Lockheed Martin said Friday they have teamed up to bid for a new US Air Force bomber program, believed to be worth up to $55 ... Turkey and Palestine Establish Joint Council for Economic Cooperation Palestine and Turkey signed an agreement to establish a joint council for economic cooperation to promote economic cooperation and ... Hollande rules out tax relief for footballers President Francois Hollande ruled out Friday any special exemption for France's football clubs as clubs angered at the country's 75-percent tax on ... Saudi- New plan to tackle abuse of women and children The Saudi government plans to introduce new measures to tackle the growing incidence of violence against women and children in the country, ... Scottish petrochemical plant saved as union backs down Scotland's biggest industrial site, the Grangemouth petrochemical plant, has been saved from closure after its Swiss-based operator Ineos struck a ... Volvo slashes 2,000 jobs Volvo on Friday announced it was cutting some 2,000 jobs as it unveiled third-quarter results showing a five-percent drop in group net sales."As part ... Jordan Expats Send $2.7 Billion Home in a Year Remittances sent home by the Jordanians living abroad have surged by 1.4% amounting to $2.773 billion at the end of September compared ... Japan bank to punish executives over loans to gangsters Japan's Mizuho Bank will punish more than 30 executives over revelations that the lender made loans to underworld figures, reports said Friday, in ... McDonald's drops Heinz Ketchup McDonalds said Friday it was dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put ... Macedonian Orthodox Church bans Facebook for priests Macedonia'a Orthodox Church on Friday ordered its priests and nuns not to use Facebook or be ready to face unnamed sanctions, church officials ... 'Dark is Beautiful' movement takes on unfair India Looking to find a husband, make friends, and get ahead at work? Then you need to have lighter skin. That's the all-pervasive message in India, and ... Gaultier sizzles in New York museum retrospective A dazzling retrospective featuring the masterpieces of couture superstar Jean Paul Gaultier opens in New York on Friday, sizzling with wit and oozing ... Disabled Frenchman says Everest jump 'message of hope' A multiple sclerosis sufferer hoping to become the first disabled person to skydive over Mount Everest says he wants his feat of daring to send "a ... Kuwait: 4 people injured Three citizens and an Egyptian expatriate were injured when two boats collided off Souk Sharq sea area, reports Al-Seyassah daily. The ... Kuwait: 9 People Injured In Traffic Accidents Over the past few days nine people who were injured during traffic accidents have been admitted to hospitals, reports Al-Qabas daily. Giving a ... Asian Bootlegger Held in Kuwait The Hawalli police have arrested an unidentified Asian man for bootlegging, reports Al-Qabas daily. According to security sources patrolmen ... |
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