Prominent businessmen reach settlements in Saudi corruption probe Several prominent businessmen have reached financial settlements with Saudi Arabian authorities in the kingdom’s sweeping crackdown on corruption, an official source told Reuters on Friday. They include Waleed al-Ibrahim, owner of regional television network MBC; Fawaz Alhokair, a major shareholder in fashion […]
Financials
North Korean hackers behind attacks on cryptocurrency exchanges, South Korean newspaper reports South Korea’s spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday. The cyber attacks attributed […]
U.S. small business borrowing rises as Trump elected president Borrowing by small U.S. firms ticked up in November, data released on Thursday showed, as Americans unexpectedly elected Republican Donald Trump as their next president and investors bid up U.S. stocks on bets that tax cuts will boost profits. The Thomson […]