StanChart has agreed to pay $327 million to resolve allegations that it violated U.S. sanctions against Iran, Sudan and two other countries, capping months of legal headaches for the British bank.» Read More
JUBA, July 19- South Sudan will cut oil output to 100,000 barrels a day over the weekend as it moves toward a full shutdown, its foreign ministry said on Friday, in a dispute with Sudan over rebels that operate across their shared border.
*Snowden meets human rights groups in Moscow Friday. MOSCOW, July 12- When an Aeroflot plane from Moscow took an unusually southerly course to Havana on Thursday, it quickly triggered speculation that American fugitive Edward Snowden could be on board.
*Some Chinese clothing traders unpaid for sales to Sudan. *Sudan importers struggle to secure dollars to pay for goods. OMDURMAN, Sudan, July 10- When Chinese clothing wholesaler Chan Cui Xiao signed a deal with a Sudanese businessman to export colourful bed sheets to the African country he was confident of making good money.
*Sudan's Bashir is one of Africa's longest-serving rulers. KHARTOUM, July 3- When Sudan's President Omar Hassan al-Bashir returned a few weeks ago from a summit in Ethiopia with his South Sudanese counterpart and former civil war foe, many people here expected him to talk of peace.
*HSBC avoided criminal prosecution through settlement. *HSBC says bolstering oversight, has more to do. July 2- A federal judge has approved HSBC Holdings Plc's record $1.92 billion settlement with federal and state investigators of charges that it flouted rules designed to stop money laundering and thwart transactions with countries under U.S. sanctions.
LONDON, July 2- Brent oil rose above $103 a barrel on Tuesday, up for a second day due to concerns about supply disruptions in the Middle East and Africa and a slightly improved economic outlook.
SINGAPORE, July 2- Brent crude edged higher to above $103 a barrel on Tuesday, extending gains to a second day due to concerns about supply disruptions in the Middle East and Africa.
SINGAPORE, July 2- Brent crude extended gains to a second day and edged higher above $103 a barrel on Tuesday due to concerns about supply disruptions in the Middle East and Africa.
SINGAPORE, July 2- U.S. crude futures traded just below $98 a barrel on Tuesday, not far off a two-week high, as positive U.S. economic data buoyed the fuel demand outlook in the world's largest oil consumer. *U.S. crude futures for August delivery inched down 4 cents to $97.95 per barrel by 0007 GMT after settling up 1.5 percent on Monday.
*Action would affect tiny share of imports from Bangladesh.
*Uganda, Kenya, Rwanda presidents met in Kampala. KAMPALA, June 25- Uganda has agreed to a plan to build a pipeline from its oilfields to a new port being developed on Kenya's northern coast, Uganda's foreign minister said on Tuesday, enabling crude exports and boosting its oil industry.
NEW YORK, June 20- Bank of Tokyo-Mitsubishi UFJ has agreed to pay $250 million to New York state for systematically stripping out information from $100 billion in transactions involving sanctioned countries, including Iran, Sudan and Myanmar.
NEW YORK, June 20- Mitsubishi UFJ Financial Group Inc's Bank of Tokyo-Mitsubishi UFJ agreed to pay New York $250 million for moving $100 billion worth of transactions through New York from sanctioned countries including Iran, Sudan and Myanmar, according to New York governor Andrew Cuomo.
BOSTON, June 19- Microsoft Corp is looking to recruit computer geeks in its ongoing efforts to protect Windows PCs from attacks, offering rewards of as much as $150,000 to anybody who helps identify and fix major security holes in its software.
HSBC and Standard Chartered will report a reduction in their bonus pools, reflecting separate settlements with U.S. authorities over probes into money laundering and sanctions violations, Sky News reported on Sunday.
WASHINGTON, Nov 1- Standard Chartered is close to wrapping up discussions to resolve U.S. investigations into its Iran- linked transactions and nearing agreement on a fine in the $300- million range, mirroring a much-publicized state settlement over similar allegations, according to four people familiar with the matter.
KHARTOUM, Oct 31- After a Sudanese plane crashed at Khartoum's international airport last year, authorities didn't slow plans to build new airports and add more routes. They used the incident to shoot a video showing how safe flying in Sudan is, thanks to its skillful pilots.
HAVANA- Hurricane Sandy, strengthening rapidly after crossing the warm Caribbean Sea, slammed into southeastern Cuba early on Thursday with 105 mph winds that cut power and blew over trees across the city of Santiago de Cuba.
GOMA, Congo-- Gold is now the primary source of income for armed groups in eastern Congo, and is ending up in jewelry stores across the world, according to a report published Thursday by the Enough Project.
BEIRUT/ CAIRO- Syria said on Wednesday its military command was still studying a proposal for a holiday ceasefire with rebels- contradicting international mediator Lakhdar Brahimi's announcement that Damascus had agreed to a truce.