US general demoted over 5-star hotel spending A four-star general who headed US Africa Command has been demoted amid charges he spent hundreds of thousands of dollars on pricey travel, Pentagon officials.
14 November 2012
New York governor seeks $30 bn in aid after Sandy New York Governor Andrew Cuomo asked the US federal government for $30 billion in aid Monday to help his state recover from the devastation left by superstorm Sandy.
13 November 2012
Japan 'misspent' tsunami rebuilding money: audit Cash earmarked for tsunami reconstruction work was diverted to unrelated projects, a Japanese government audit showed as residents of the devastated northeast voiced frustration over the slow pace of rebuilding.
01 November 2012
Tresses to treasure for Vietnamese hair trader Hailed as a hero in his native Vietnamese village, Do Van Thu has become rich and transformed the lives of hundreds of families through the sale of a precious and unorthodox crop -- hair.
06 October 2012
Zimbabwe vote body seeks $104 mn for referendum Cash-strapped Zimbabwe's electoral commission needs $104 million to organise a referendum on a new constitution that would pave way for a vote on a successor to the country's shaky coalition government.
04 October 2012
Facebook tailoring ad services for businesses Facebook's chief operating officer was in New York on Monday working to bolster investor confidence with assurances that the social network was intent on making money.
02 October 2012
Hong Kong tycoon swamped with offers for gay daughter's handA Hong Kong tycoon who offered a $65 million "marriage bounty" to any man who can win the heart of his lesbian daughter has been inundated with applications from around the globe, a report said Friday.
28 September 2012
Colombia nabs 2 who swallowed $40,000 in cash Colombia police said Friday they have arrested two men who had each ingested about $40,000 before trying to enter the country, in what may be a novel form of money laundering.
Angry families demand funds over US shooting Families of victims of the Colorado movie theater shooting voiced anger Tuesday over the distribution of funds intended for them, saying they had so far received only a tiny slice.
30 August 2012
New Zealand 'runaway millionaire' jailed for theft A New Zealand man who fled to China after a bank mistakenly deposited millions of dollars into his account was jailed for four years and seven months Friday.
25 August 2012
Shell paid Nigeria millions to guard oil facilities: group An oil industry watchdog said Monday that Shell paid Nigeria's military and police $65 million over two years to secure company facilities, alleging the firm had bankrolled forces widely accused of rights abuses.
Australia smashes $500 mln Hong Kong drug ring Australian police have seized half a billion dollars' worth of crystal methamphetamine and heroin after smashing a Hong Kong-linked international drugs syndicate.
31 July 2012
Young African women risk HIV infections from older men Poverty drove single teenage mother Kate Mzungu to seek out a rich older man, who buys her food and pays for her housing in exchange for the pleasures of her young company.
25 July 2012
Huge money spin in Kazakhstan's shadow economyThe turnover of Kazakhstan’s shadow economy has amounted not to even to dozens but to hundreds of millions of dollars in the last 5 years.
Toshiba fined in US antitrust case Japanese electronics giant Toshiba said Tuesday a jury has ordered it to pay $87 million in a price-fixing case on LCD displays, but that it ultimately may not end up paying damages.
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