Mitsubishi Corp, Japan’s biggest trading group, said on Wednesday it will shut down its Singapore-based crude oil and fuel trading unit following revelations in September that a trader there racked up enormous unauthorised trading losses. The unit, Petro-Diamond Singapore, will incur losses of about 34.2 billion yen (314 million dollars) before taxes after closing the […]

Activities of Jehovah’s Witnesses are currently banned in Russia. A Jehovah’s Witness man, Sergei Klimov has been sentenced to six years imprisonment for organising activities and prayer meeting in the city after the national declaration that the religious group was banned. Russia tagged the religious group an extremist organisation. The Russia State prosecutors had reportedly […]

A nursery school has been closed after a male worker was arrested on suspicion of sex offences against some of the children. Police said today that 100 families had been contacted by them about the alleged abuse at the Jack and Jill nursery in Torquay, Devon. Detectives said a male worker – thought to be […]

  President Donald Trump’s longtime accounting firm must hand over eight years of his tax returns to New York prosecutors, a U.S. appeals court ruled Monday in the latest setback for Trump in his tenacious efforts to keep his finances secret. The ruling by a unanimous three-judge panel of the New York-based 2nd U.S. Circuit […]

Twelve people were feared dead on Monday after a boat capsized on a lake in Uganda, police said. The boat, overloaded with fish and timber, was carrying 18 people when it overturned Monday morning on Lake Albert in the country’s north-west due to strong winds, police spokesman Julius Hakiiza told dpa. According to Hakiiza, six […]