A methamphetamine and cocaine gang operating across the U.S., Mexico, Europe and Australia used the world’s biggest cryptocurrency exchange Binance to launder tens of millions in drug proceeds, according to an ongoing investigation by the US Drug Enforcement Administration. Between $15 and $40 million in illicit proceeds may have been funneled through Binance, the DEA…
DetailsGlencore has agreed to pay $180mn to the Democratic Republic of Congo to cover claims arising from alleged acts of corruption, the mining company’s latest settlement with global authorities over its conduct. The settlement means Glencore has this year agreed to pay more than $1.66bn to authorities around the world following investigations into its business…
DetailsGLENCORE was “considering its strategic options” in respect of its $1.8bn Mutanda Mining Company, a producer of copper and cobalt that mines in the Katanga province of the Democratic Republic of Congo (DRC).
Commodity trader Glencore has delivered 40,000 tonnes of Russian aluminium to London Metal Exchange-approved warehouses in the South Korean port of Gwangyang, two sources with knowledge of the matter told Reuters. A build-up of Russian metal is likely to raise concern in the market that benchmark LME prices will weaken – an outcome some producers…
DetailsGlencore PLC is under investigation by Canadian regulators looking into more than $100 million in payments a subsidiary made to a company owned by an Israeli businessman who has been accused of bribing Democratic Republic of the Congo officials, said people familiar with the investigation.
Geneva – Mining giant Glencore said Monday it had struck a deal worth nearly $1 billion to purchase shares of two mines in the Democratic Republic of Congo from a controversial Israeli magnate.
WASHINGTON — The State Department is banning passport and visa applicants from wearing eyeglasses in photos taken for the documents.
Local residents have gathered for a showdown with authorities at Givat Ze’ev’s Ayelet Hashahar synagogue, currently slated for demolition.
After nearly three years on the lam, Italian fugitive Giuseppe Donaldo Nicosia whose lavish spending of allegedly stolen money was laid bare in the Panama Papers Has been arrested in Ukraine.
Killers gunned down a Mafia boss in Sicily on Monday as the Cosa Nostra flexed its muscles on the eve of the 25th anniversary of one of its most notorious murders.
