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'Shell-shocked' R Kelly arrested after handing himself in to police

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By Sanya Burgess, news reporter R Kelly has been arrested after handing himself in to police to face 10 charges of aggravated criminal sexual abuse. It is expected the singer will be held overnight and appear in court on Saturday where he will be given the option of posting bail. The R&B star, whose legal Read More

Jurors in El Chapo trial accused of 'massive misconduct'

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By Connor Sephton, news reporter Jurors in the trial of drug kingpin Joaquin “El Chapo” Guzman have been accused of “massive misconduct” by the convict’s lawyer. Jeffrey Lichtman says there are serious questions surrounding Guzman’s conviction on drug smuggling and conspiracy charges, amid claims some jurors flouted strict rules imposed on them by a judge. Read More

Jurors in El Chapo trial accused of disobeying judge's strict orders

1 day ago DieselGasoil Comments Off on Jurors in El Chapo trial accused of disobeying judge's strict orders
By Connor Sephton, news reporter Jurors in the trial of drug kingpin Joaquin “El Chapo” Guzman have been accused of “massive misconduct” by the convict’s lawyer. Jeffrey Lichtman says there are serious questions surrounding Guzman’s conviction on drug smuggling and conspiracy charges, amid claims some jurors flouted strict rules imposed on them by a judge. Read More

UBS to appeal after fined 4.5 billion euros in French tax fraud case

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PARIS (Reuters) – A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. FILE PHOTO: The logo of Swiss bank UBS is seen in Zurich, Switzerland October 25, 2018. REUTERS/Arnd Wiegmann/File Photo Shares in Read More

Ghosn's new lawyer, 'the Razor', takes aim at Nissan and prosecutors

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TOKYO (Reuters) – Carlos Ghosn’s new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal company matter and saying Japan was out of step with international norms by keeping his client in jail. FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, Read More

Nissan panel to recommend outside director to chair board: Nikkei

6 days ago DieselGasoil Comments Off on Nissan panel to recommend outside director to chair board: Nikkei
People walk past a dealer shop of Nissan Motor Co. in Tokyo, Japan, February 12, 2019. REUTERS/Kim Kyung-hoon TOKYO (Reuters) – A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move to decentralize power at the top level, the Nikkei Read More

Baring Vostok's Calvey tells Russian court he will cooperate with investigation

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Founder of the Baring Vostok private equity group Michael Calvey, who was detained on suspicion of fraud, looks out of a defendants’ cage during a court hearing in Moscow, Russia February 15, 2019. REUTERS/Tatyana Makeyeva MOSCOW (Reuters) – Michael Calvey, the U.S. founder of one of Russia’s biggest private equity firms, told a Russian court Read More

Watchdog extends monitors mandate at Deutsche Bank on Danske dealings

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FILE PHOTO: The financial district with the headquarters of Germany’s largest business bank, Deutsche Bank , is photographed on early evening in Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – German financial watchdog Bafin has extended the mandate of its monitor at Deutsche Bank over the bank’s role in the a money Read More

Britain's RBS one of eight banks in EU bond cartel probe – Bloomberg

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The logo of RBS (Royal Bank of Scotland) bank is seen reflected in the windows of a branch of the bank in the City of London financial district in London September 4, 2017. REUTERS/Toby Melville LONDON (Reuters) – Royal Bank of Scotland is one of eight banks being probed by European authorities for its possible Read More

Renault embarks on post-Ghosn era with lower profit goal

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PARIS (Reuters) – Renault set a weaker full-year profit goal on Thursday, citing currency challenges and market uncertainties, as the French carmaker presented annual results without its recently ousted CEO Carlos Ghosn for the first time in 13 years. FILE PHOTO – The logo of French car manufacturer Renault is seen at a dealership of Read More