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UAE central bank sees COVID-19 increasing money-laundering risks

UAE central bank sees COVID-19 increasing money-laundering risks

2/2 © Reuters. FILE PHOTO: High-rise towers in Dubai, United Arab Emirates June 18, 2019.REUTERS/Christopher Pike/File Photo 2/2 DUBAI (Reuters) – The United Arab Emirates central bank sees increased risks of illicit financial flows emerging from the COVID-19 pandemic, including money-laundering and terrorism financing, it said in a report published on Sunday. The use of…

Senior House Democrats concede likely scale-back of $3.5 trillion Biden spending bill

Senior House Democrats concede likely scale-back of $3.5 trillion Biden spending bill

© Reuters. FILE PHOTO: An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner/File Photo By David Lawder and Chris Prentice WASHINGTON (Reuters) – Senior Democrats said on Sunday that they will likely need to scale back President Joe Biden’s $3.5 trillion social spending bill while passage…

This Week in Apps: Apple’s iPhone event, App Annie hit with securities fraud, OpenSea goes mobile

This Week in Apps: Apple’s iPhone event, App Annie hit with securities fraud, OpenSea goes mobile

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices…

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Johnson Controls Partners With Dubai Silicon Oasis Authority To Power Rochester Institute Of Technology

DUBAI, UAE, Sept. 18, 2021 /PRNewswire/ — Johnson Controls  (JCI) – Get Johnson Controls International plc (JCI) Report, the global leader for smart, healthy and sustainable buildings, today announced it is partnering with Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis (DSO), the integrated free zone technology park, and the Rochester…

Warnings of economic catastrophe come as Congress prepares to debate debt ceiling

Warnings of economic catastrophe come as Congress prepares to debate debt ceiling

© Reuters. FILE PHOTO: A general view of the White House in Washington, U.S. July 15, 2021. REUTERS/Jonathan Ernst/File Photo WASHINGTON (Reuters) -President Joe Biden’s top aides and local officials nationwide pleaded with U.S. lawmakers on Friday to resolve a government debt showdown that they warned could spark an economic crisis. Congress plans next week…

Germany’s Laschet says trusts ECB to keep inflation in check

Germany’s Laschet says trusts ECB to keep inflation in check

© Reuters. Christian Democratic Union (CDU) candidate for chancellor Armin Laschet holds a news conference in Berlin, Germany, September 13, 2021. REUTERS/Michele Tantussi FRANKFURT (Reuters) -Armin Laschet, the conservative candidate bidding to succeed German Chancellor Angela Merkel in this month’s election, said he was confident the European Central Bank (ECB) would achieve price stability, as…