Articles By Oliver Tree
The EU is thinking of making rate-rigging -- the deliberate manipulation of interest rates that set the benchmark for more than $500 trillion in financial contracts -- a criminal offense.
Apple shares tumbled 5 percent in after-hours trading on Tuesday after the tech giant announced lower-than-expected sales of its flagship iPhone.
The world's largest retailer said the $7.2 billion settlement was not enough to fix a "broken" system, according to Reuters.
All eight are accused of conspiring to intercept communications between October 13, 2001, and August 9, 2006, including the alleged hacking of the mobile phone of murdered schoolgirl Milly Dowler.
The meeting, which will take place at the PM's official residence of number 10 Downing Street, is fraught with potential political faux pas. After all, the sitting PM is not -- according to a Downing Street spokesman who spoke to the Telegraph -- supposed to meet candidates in elections in foreign countries.
The ban, which came into effect on Monday, includes prohibiting alcohol advertisements on TV, radio, the Internet, public transport and billboards, with print media set to join the list on Jan. 1.
The move comes after Italy also blocked the practice for a week.
According to a number of un-named sources that are familiar with "a sweeping investigation into the rigging scandal," "federal prosecutors in Washington have recently contacted lawyers representing some of the suspects to notify them that criminal charges and arrests could be imminent.
Michael Rake, deputy chairman of Barclays, has ruled himself out of contention to be its new chairman, striking a blow to the UK bank as it hunts for new leadership to steer it through its interest rate-rigging scandal.
A senior Iraqi official told the New York Times that all four of the country's crossings into Syria have now been closed, because the rebels have seized the Syrian sides of them.