Articles
View all articles-
US pension fund offloads Indian oil stocks on Iran concerns
US-based CalPERS, one of the world's largest pension funds, has flagged off concerns over investments in shares of various Indian oil companies, including Oil India and Petronet LNG, due to their Iran-related business interests. #WhyNow #oil companies #US Pension Fund #Iran sanction
-
HSBC intentionally violated anti-money laundering norms: US
The bank's breakdowns in anti-money laundering (AML) compliance were particularly egregious because these failures allowed hundreds of millions of dollars from Mexican drug trafficking organisations to flow through accounts in the US, the Treasury Department said #Money laundering #HSBC #Iran sanctions #David S Cohen
-
Now, RBS probed over possible Iran sanctions violations
The report of the investigations into RBS followed last week's $340 million settlement by Standard Chartered. The Financial Times said that the New York state agency is not investigating RBS. #US #NewsTracker #Royal Bank of Scotland #Iran sanctions
Wire
-
Lebanon Daily StarU.S. lifts sanctions on Iraq bank that had links to Iran
FILE - A customer changes Iraqi dinars to Iranian rials at a money changer in Baghdad, October 4, 2012. (REUTERS/Thaier al-Sudani) WASHINGTON: The United States said on Friday it had allowed an Iraqi bank to again conduct business with the U.S. financial #Iraq #Iran #Baghdad
-
Vancouver SunSanctions are delaying development of North Korea's nuclear and missile programs, UN panel says
North Korea is still trying to import and export nuclear and ballistic missile-related items but financial and trade sanctions are slowing progress on development of their prohibited weapons, U.N. experts say in a new report. Key parts of the expert pane #Pyongyang #U N Security Council #European Union
-
Economic TimesIran to source vehicles, medicines from India
NEW DELHI: Another door has opened for two of India's biggest exports, automobiles and pharmaceuticals, with Iran agreeing to source these from here to help New Delhi settle payment for oil imports in rupees. The two countries had agreed to settle bilate #Iran #India #New Delhi