Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
ABUJA, July 5 (Reuters) - A Nigerian court has ordered the imminent seizure of $40 million worth of jewelry and a customized gold iPhone belonging to former oil minister Diezani Alison-Madueke, the country's anti-graft agency said on Friday.
The items, including hundreds of bangles, rings, earrings, necklaces and watches, were found at a property owned by Alison-Madueke, the Economic and Financial Crimes Commission (EFCC) said in a statement.
Alison-Madueke, who ran the petroleum ministry from 2011 to 2015, was charged by the EFCC in absentia with money laundering in 2017. Her whereabouts are unknown, and a London-based lawyer who has represented her did not immediately respond to a request for comment.
The order gives the EFCC 14 days to print the charges in any national newspaper and allow for her or "anyone interested in the items" to show why they should not be permanently forfeited to the federal government.
In 2017, a court allowed the government to permanently seize a $37.5 million apartment block she owned in an upscale Lagos neighborhood. (Reporting By Felix Onuah; Writing by Libby George; Editing by Andrew Cawthorne)