SEATTLE (AP) ” A Russian man charged with hacking into U.S. businesses to steal thousands of credit card numbers has two weeks to provide a list of his assets to a federal judge, who will then decide if he has to pay for his federal…
Techies snatching up more real estate in Southern California
LOS ANGELES (AP) ” Internet moguls like Amazon’s Jeff Bezos aren’t the only techies snatching up real estate in Southern California.While the mega rich from Silicon Valley have made headlines for their purchases of extravagant Los…
Bus lane project a 'no' from local business owners
Business owners are counting the cost of construction delays to Auckland Transport’s controversial $1.8m bus lane project.Earlier this month the Herald on Sunday revealed one in 10 roading projects in Auckland was behind schedule,…
Brazil judge accepts charges against 11 companies
SAO PAULO (AP) ” A Brazilian judge has accepted charges filed by state prosecutors against 11 companies accused of forming a cartel to raise prices on the construction and upkeep of subway and train systems in the state of Sao Paulo.A…
Thousands gather for anti-austerity rally in Spain
MADRID (AP) ” Thousands of demonstrators from across Spain gathered at one of Madrid’s main squares Saturday to protest against the way the government has tackled the financial crisis by implementing harsh austerity measures.Organizers…
Bernard Hickey: Taxing times in the cloud
Prime Minister John Key grappled this week with one of the toughest tasks any modern government has to deal with – how to tax the new economy that is evaporating into the stateless and tax-free cloud.Key talked about getting Apple…
China says new bank to complement existing institutions
BEIJING (AP) ” China’s finance minister said a proposed Chinese-led Asian regional bank that has raised concerns in Washington will complement rather than compete with established international lenders such as the World Bank, state…
Southeast Asia makes vital push in banking integration
KUALA LUMPUR, Malaysia (AP) ” Southeast Asian nations Saturday wrapped up a key agreement allowing qualified banks to operate freely in each other’s countries in a push toward greater financial and economic integration.The regional…
Georgians hit by fallout from trouble in Russia, Ukraine
TBILISI, Georgia (AP) ” For Mariam Matiashvili, Georgia’s crumbling tourist trade is a health risk.The 64-year-old woman spends much of her meager pension of 150 lari ($68) a month on medicine and has long lived off selling cheap…
2016 athletes' village set to become luxury housing
RIO DE JANEIRO (AP) ” Developers brag that the athletes’ village for the 2016 Rio de Janeiro Olympics will rival a five-star resort.The village will be turned into a private condominium complex after the games with some of the 3,600…