International Business

A British High Court judge Mrs. Justice Sara Cockerill has blocked the Federal Republic of Nigeria from appealing the court’s decision last month to dismiss its $1.7bn (£1.4bn) claim against JP Morgan, over claims the bank acted negligently by paying $875m into a bank account linked to a convicted money launderer and former Nigerian oil minister Dan Etete. The High Court …

Nigeria on Tuesday lost its claim accusing   JPMorgan of $1.7B of negligently transferring hundreds of millions of state funds from an oil deal to the country’s former oil minister after a judge held the country failed to prove it had been defrauded. The High Court has dismissed Nigeria’s lawsuit, finding that JPMorgan Chase hadn’t breached its duty to protect its …

Canadian Prime Minister Justin Trudeau has proposed a two-year ban on some foreigners buying homes. The measure comes as the country grapples with some of the worst housing affordability issues in the world. Prices have jumped more than 20%, pushing the average home in Canada to nearly C$817,000 ($650,000; £495,000) – more than nine times household income. But industry analysts …

Vladimir Putin has threatened to turn off Europe’s gas supplies tomorrow unless Russia is paid in Roubles.

The White House on Thursday announced plans for the largest-ever release of oil from the United States’ strategic reserves.

Europe’s largest nuclear power plant suffered a fire as Russian troops began shelling the facility in eastern Ukraine early Friday, Ukrainian officials said, prompting global stocks to sink as the nation’s top diplomat warned of a potential disaster worse than Chernobyl.

Tinubu® Square Group, the leading software provider for the Credit & Surety industry, has appointed Jessica Mann as General Manager of Tinubu Square Americas. Through its technology platform, Tinubu Square Americas processes CIRCA 50% of the bonds issued in the US.

Two additional crewmen were discovered and evacuated from the scene. Their condition was not immediately known.   An Israel Navy helicopter crashed off the coast of the northern Israel city of Haifa on Monday night.

Santander UK is trying to recover about $175 million, or about 130 million pounds, that it accidentally paid tens of thousands of people on Christmas Day.

Chinese e-commerce firm Alibaba has fired a woman who accused her boss and a client of sexually assaulting her.