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AI generated image for representation A woman who bought cryptocurrency with funds embezzled from thousands of Chinese pensioners has been sentenced in the UK to 11 years and eight months for money laundering. London police described the seizure as one of the world’s single largest crypto hauls. Qian Zhimin, 47, fled China after police began…
File photo: JPMorgan Chase & Co chief executive Jamie Dimon (Picture credit: AP) With a $4.6 trillion balance sheet, JPMorgan Chase is America’s largest bank. It is more valuable than its three biggest Wall Street rivals combined. And much of that success may be due to its long-time leader, Jamie Dimon. The JPMorgan Chase CEO…
NEW DELHI: Observing that 33% reservation for women in legislative bodies is meant to bring social, economic and political justice for “the largest minority of the country” that is women, Supreme Court on Monday agreed to hear a plea seeking immediate implementation of quota for women in Lok Sabha and state assemblies, instead of waiting…
Four-day school week gets community nod in Missouri’s largest pilot districts Two Missouri school districts, Independence and Hallsville, have officially won community approval to continue their four-day school weeks, becoming the first large districts in the state to do so under a new law requiring voter consent.The outcome reflects a growing shift in Missouri’s education…
Billionaire philanthropist and Jeff Bezos’ ex-wife, MacKenzie Scott, has donated $80 million to Howard University, marking one of the largest single donations in the school’s 158-year history and continuing her recent surge of major contributions to diversity and equity causes. The donation, announced over the weekend by Howard University, comes as Scott – estimated to…
Gold prices have reached another level these days. It remains one of the world’s most traded commodities. The World Gold Council’s 2025 Gold Demand Trends report identifies the top 10 gold-producing nations. These 10 nations together are responsible for over 60% of global mine supply!Let’s have a look at these 10 nations, based on official…
Amazon is reportedly preparing for a significant reduction in its corporate workforce, with plans to cut as many as 30,000 jobs starting this week, news agency Reuters reported citing three people familiar with the matter. The massive layoff—which would represent nearly 10% of the company’s roughly 350,000 corporate employees—marks Amazon’s largest job elimination effort since…
JPMorgan Chase is reportedly quite annoyed. Reason: The America’s largest bank wants a way out of paying for Charlie Javice’s legal bills. This despite the fact that 32-year-old founder of fintech company Frank, Charlie Javice, has been found guilty of defrauding JPMorgan Chase of $175 million. As a clause in JPMorgan’s contract with Javice, tied…
There seems no letting down in US-China trade war, at least for now. According to a report in Bloomberg, China has asked some US semiconductor companies to submit what is being termed as ‘sensitive information’. The request comes from China’s Trade Remedy and Investigation Bureau under the Ministry of Commerce. The questionnaire seeks details from…
For every traveller, airports are among the most important spots. These are more than just travel hubs as some airports are so vast that they have on-site airports, gardens, shopping arenas, restaurants and what not! Some of them feel like a township just because of their grandeur! From Saudi Arabia’s giant to America’s futuristic terminals,…
