US officials alleged that former FTX chief Sam Bankman-Fried authorized bribes of at least $40 million to Chinese officials, according to an updated indictment filed Tuesday.. After months of setbacks, Bankman-Fried "ultimately agreed to and directed a multi-million-dollar bribe to seek to unfreeze the accounts," according to the indictment, adding that the accounts were unfrozen. jmb/bfm
A Danish-owned Liberian-flagged oil tanker was boarded by pirates over the weekend in the Gulf of Guinea, the owner said Tuesday, adding that contact with the 16 crew members had been lost.. The shipowner added that the crew had sought refuge in the tanker's citadel when the pirates boarded, "in accordance with the onboard anti-piracy emergency protocol".
French authorities raided five banks on Tuesday as part of an investigation into suspected cases of massive tax fraud and money laundering, prosecutors said.. The raids follow five preliminary investigations that were opened in December 2021 in connection with suspected money laundering and aggravated suspected tax fraud related to dividend payments, the statement said.
The 27 EU member states gave final approval Tuesday to a ban on sales of new fossil fuel cars by 2035, after Germany dropped a last-minute blocking effort.. But manufacturers in Germany, one of the world's largest vehicle-producing nations, said the fuels could allow combustion engines to be used beyond 2035.
Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date.. The Hangzhou-based firm is one of China's most prominent tech giants, with business operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial intelligence.
Most Asian markets traded higher on Tuesday after global shares rebounded, with fears of a banking crisis easing thanks to the sale of fallen lender Silicon Valley Bank.. Ray Attrill, head of FX strategy at National Australia Bank, said Tuesday that the acquisition by First Citizens had "helped set a positive tone" in global markets.
A battle in the intense diplomatic war between China and Taiwan is being fought in Latin America, where Honduras has become the latest country to ditch Taipei and align itself with Beijing.. - 'More openings for China' - Latin America has been crucial to the diplomatic struggle between Beijing and Taipei since they separated in 1949, after the Chinese civil war.
As the thunder roared outside and the lights inside Chuck's Dairy Bar began to blink, owner Tracy Harden realized the tornado conditions forecasted for her small Mississippi town Friday night were far more severe than she realized.. yelled out Harden, and she, her husband and their employees scrambled into a giant gray metal box -- normally used to keep the restaurant's food refrigerated, but which that night saved nine lives in the shattered small town of Rolling Fork.
A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao with multiple violations, in another move by Washington against the once high-flying sector.. Binance has frequently tested regulators by failing to register as an outright asset trader, espousing the philosophy that cryptocurrencies belong outside the reach of financial rules.
Britain's Challenger tanks have arrived in Ukraine, a spokeswoman for the defence ministry in Kyiv said on Monday.. In London, Britain's government said Monday that Ukrainian crews who have been training to use UK-donated Challenger 2 tanks are now ready to deploy to the frontline.
