For one U.S. immigrant family, short-term public aid meant long-term security

By Yeganeh Torbati WASHINGTON, Feb 14 : – When Abosede Akingbade Thomas, a Nigerian immigrant to the United States, was ordered to bed rest in 1981 during a difficult pregnancy, she followed her doctor’s advice to sign up for food stamps and another aid program providing support to pregnant and nursing women. At the time, […]

Senior U.S. Republican stands by budget deal, despite Trump budget chief

By Richard Cowan WASHINGTON, Feb 13 : The full amount of non-defense spending pledged to Democrats last week in a two-year budget deal will be appropriated, a senior Republican in the U.S. Congress told Reuters on Tuesday, despite White House suggestions to the contrary. Just days after the $300 billion budget deal was enacted into […]

Coincheck reports to regulators over cryptocurrency heist as investors withdraw $373 mln

By Thomas Wilson and Taiga Uranaka TOKYO, Feb 13 : Japanese cryptocurrency exchange Coincheck Inc, under pressure to better safeguard investors after the daring theft of $530 million of digital money last month, said it had on Tuesday filed a report with regulators on the hacking. The Financial Services Agency ordered Coincheck to raise its […]

UK’s SFO extends Qatari loan charge in legal blow to Barclays

By Huw Jones and Kirstin Ridley LONDON, Feb 12 : Barclays’ legal difficulties deepened on Monday when Britain’s Serious Fraud Office charged its operating subsidiary with providing unlawful financial assistance to Qatari investors during the banking crisis a decade ago. Barclays denies the SFO’s allegation that a $3 billion loan made to Qatar in November […]

UK’s SFO extends Qatari loan charge to Barclays operating arm

By Huw Jones LONDON, Feb 12 : Barclays’ legal problems deepened on Monday when Britain’s Serious Fraud Office charged its operating subsidiary with providing unlawful financial assistance to Qatari investors during the banking crisis a decade ago. The same charge was made against the bank’s holding company last June, but it is the operating unit […]

Qantas raising A$350 mln in loan, allows switching aircraft types used as collateral

By Anshuman Daga SINGAPORE, Oct 10 : Qantas Airways is raising A$350 million ($272 million) from a loan that allows it to switch the types of aircraft used as collateral, in what bankers and analysts said is the world’s first aviation financing of this type. The loan is the first of a series under a […]