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U.S. sues JPMorgan for alleged mortgage discrimination

The United States on Wednesday sued JPMorgan Chase & Co, accusing the bank of discriminating against minority borrowers by charging them higher rates and fees on home mortgage loans between 2006 and at least 2009.

Jan 18, 2017 10:59 AM EST


Wall Street opens little changed

U.S. stocks opened little changed on Wednesday as investors assessed economic data and the last of big bank earnings, while awaiting Federal Reserve Chair Janet Yellen's speech.

Jan 18, 2017 11:00 AM EST


Deutsche Bank signs $7.2 billion deal with U.S. over risky mortgages

Deutsche Bank (DBKGn.DE) (DB.N) finalized a $7.2 billion settlement with the U.S. Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the government agency said on Tuesday.

Jan 18, 2017 11:00 AM EST


Mexico to lure undeclared cash with lower repatriation tax: decree draft

Jan 17 Seeking to boost its paltry tax take, Mexico's government will offer those holding undeclared capital abroad a lower tax to repatriate it and invest it at home, a draft of the decree obtained by Reuters showed on Tuesday.

Jan 18, 2017 09:24 AM EST


Britain will leave EU single market as May sets aim for 'hard Brexit'

Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest trading bloc.

Jan 18, 2017 09:27 AM EST


Britain to leave EU market as May sets 'hard Brexit' course

When leaving the European Union, Britain will also leave a market of 500 million people. After this, Britain will establish its own free trade deals.

Jan 18, 2017 09:23 AM EST


Fraudsters use counterfeit UK charity appeals to steal money via social media, emails

Scammers have been tricking british people and companies, they have been using fake charity appeals related with supporting migrants or animal welfare

Jan 17, 2017 03:10 PM EST


New Zealand presses Gulf states to finalize stalled trade deal

GCC is considered as one of the most important trading partners of New Zealand. Therefore, the New Zeland trading minister Todd McClay has taken initiative to finalize the deal with GCC.

Jan 17, 2017 01:37 PM EST


Trump's son-in-law, Jared Kushner, considered to join The West Wing

The Chief Strategist and Communication Director of Republican National Committee, Sean Spicer, picked to serve as a press secretary and the Administration head of the briefing room. The Trump's Campaign Manager, Corey Lewandowski, has yet-undetermined title, but Trump still considering

Dec 13, 2016 02:35 AM EST


The Prime Minister of Israel : I didn't have any personal problem with President Obama.

Surely, if Trump wouldn't be the first incoming president of US to make some promises during the campaign.

Dec 13, 2016 12:50 AM EST


If Trump picks Rex Tillerson as U.S. secretary of state, will it mean a strategic victory for Russia?

If the president-elect chooses ExxonMobil CEO Rex Tillerson who has a history of links with Russia as the top diplomat, then it could be a victory for the Kremlin, feel experts.

Dec 12, 2016 08:24 AM EST


The American Officials are afraid of the Russian's intentions to Estonia.

Estonia is well-accustomed to live with the Russian threat and the uncertainty may bring, even the American officials in Washington are afraid of the Russian's intentions.

Dec 12, 2016 08:01 AM EST


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