US bank JP Morgan Chase has agreed to pay four regulators 920 million dollars relating to a 6.2bn loss incurred as a result of the London Whale trades. The settlement is the third biggest banking fine by US regulators, and the second largest by UK regulators. As part of the deal JP Morgan admitted violating US federal securities laws.
Argentines expect an inflation of 30% for the next twelve months despite a slight deceleration in prices which consumers admit in some periods of the current year according to the findings from the Di Tella University.
The 54 member federations of European governing body UEFA are unanimously in favor in principle of moving the 2022 World Cup in Qatar to a different time of the year, UEFA president Michel Platini confirmed on Friday.
There could be two Manchester Uniteds in European club competition next season after UEFA on Friday granted Gibraltar one place each in the Champions League and Europa League qualifying rounds.
The US Federal Reserve could still scale back its massive bond buying program at an October meeting should data point to a stronger economy, St. Louis Fed President James Bullard said on Friday. October is a live meeting he told Bloomberg television.
Japanese car maker Toyota Motor Corp. plans to invest 800 million dollars to boost production capacity at a factory in the province of Buenos Aires. The plan unveiled by Argentine Industry Minister Debora Giorgi will almost double the size of the factory and allows to increase vehicle output to 140,000 units a year from 92,000 currently.
A ‘message in a bottle’ dropped just off the north-western end of South Georgia three years ago has washed up on Stewart Island, off the south end of New Zealand - more than half a world away, reports the July edition of the South Georgia Newsletter.
After 47 years of service for the Royal Air Force, the VC10 took to the skies on Friday 20 September 2013 for its final Air-to-Air refuelling operational sortie. The aircraft will retire on 25 September 2013.
Ad hoc’ talks do not mean four sides: that was the swift and firm declaration from the Government of Gibraltar in response to statements made to the Gibraltar Chronicle by Gonzalo de Benito, Spain’s Minister of State for Foreign Affairs.
German voters will go to the polls this Sunday in a national election whose outcome could change the future of Germany and the Euro zone. According to the latest polls, Merkel's conservative lead has narrowed ahead of the vote on Sunday. Merkel and her conservative CDU/CSU coalition would receive 38% of the vote, an INSA poll showed on Thursday.