Regulatory Corporate News Announcements

U.S. firms seek loan exceptions to bypass auditors and avoid default

Published 17/10/2016

Companies including drywall and building materials manufacturer Continental Building Products are including exceptions in US leveraged loan credit agreements that could bypass auditors’ opinions and make it harder for banks to declare a default.

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Global trade in wild African Grey Parrot banned, U.N. meeting rules

Global trade in wild African Grey Parrot banned, U.N. meeting rules

Published 03/10/2016

An employee feeds a one-month-old African grey parrot at the Royev Ruchey zoo in a surburb of Krasnoyarsk, Siberia, Russia, March 11, 2016. REUTERS/Ilya Naymushin

The United Nations has banned global trade in wild African Grey Parrots, prized for their ability to imitate human speech, to help counter a decline in numbers caused by trafficking and forest loss.

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UAE to introduce new laws soon to regulate drones

UAE to introduce new laws soon to regulate drones

Published 27/09/2016

The United Arab Emirates will finalize laws to more heavily regulate the sale of drones and their operations soon, aiming to minimize risks posed by unmanned aerial vehicles, an official at the aviation regulator said on Monday.

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With U.S. drone rules set, firms race for flight data

With U.S. drone rules set, firms race for flight data

Published 27/09/2016

A drone, made by CyPhy Works, carries a UPS package on Children's Island off the coast of Beverly, Massachusetts during UPS's demonstration of a drone making a commercial delivery of a package to a remote or difficult-to-access location. REUTERS/Brian Snyder

United Parcel Service Inc's launch this week of drone test flights simulating emergency medical-supply deliveries highlights a race for data to prove such deliveries can be performed safely.

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Wells Fargo faces scrutiny over lack of sales scandal disclosure

Wells Fargo faces scrutiny over lack of sales scandal disclosure

Published 19/09/2016

The logo on a Wells Fargo bank building is seen in downtown San Diego, California March 18, 2014. REUTERS/Mike Blake

A phantom account scandal at Wells Fargo & Co has put the U.S. bank's disclosure policies under a harsh spotlight.

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Zika spreads to Miami Beach, U.S. expands travel warning

Zika spreads to Miami Beach, U.S. expands travel warning

Published 27/08/2016

Aedes aegypti mosquitoes are seen inside Oxitec laboratory in Campinas, Brazil, February 2, 2016. REUTERS/Paulo Whitaker/File Photo

Federal health officials on Friday warned pregnant women not to travel to trendy Miami Beach after Florida confirmed that the mosquito-borne Zika virus was active in the popular tourist destination.

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New York clinic turns to art in Zika fight

New York clinic turns to art in Zika fight

Published 19/08/2016

Artist Shaun Crawford draws illustrations of mosquitos for an educational brochure about Zika, in New York, New York U.S. August 18, 2016. REUTERS/Robert Mezan

A picture is worth a thousand words - or at least that is the philosophy behind a New York clinic that is creating Zika-inspired art to raise awareness about the virus.

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Singapore to further boost money laundering controls amid 1MDB-linked probe

Singapore to further boost money laundering controls amid 1MDB-linked probe

Published 25/07/2016

SINGAPORE Singapore's central bank said it will enhance controls against money laundering and take swift action against banks following damaging findings that financial institutions in [more…]

Chiller in Manila: Filipinos fume as snail-pace internet leaves business on ice

Chiller in Manila: Filipinos fume as snail-pace internet leaves business on ice

Published 17/07/2016

MANILA Patrolling downtown Manila in his new Toyota, Uber driver Daniel Canezal is grumpy. It's not from the heat, grime or traffic of the capital's [more…]

Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

Published 11/04/2016

HONG KONG The Bank of Italy is carrying out an on-site inspection at the Italian offices of Bank of China Ltd (601988.SS), a Chinese state-owned [more…]