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JPMorgan To Pay $330 Million To Settle Malaysia's 1MDB Claims

India, Aug. 22 -- JPMorgan Chase (JPM), Friday announced that it has agreed to pay 1.4 billion ringgit or $330 million to Malaysia to resolve all claims tied to the 1MDB scandal. The funds will be di... Read More


U.S. Stocks Rally In Reaction To Powell's Jackson Hole Speech

India, Aug. 22 -- Stocks have moved sharply higher during trading on Friday, regaining ground after trending lower over the past several sessions. The major averages have all shown strong moves to the... Read More


Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

India, Aug. 22 -- Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for mo... Read More


Redcentric Confirms About Potential Sale Talks For Redcentric Data Centres Limited

India, Aug. 22 -- Redcentric plc (RCN.L), Friday confirmed that it is in the advanced stages of discussions concerning the potential sale of its business unit, Redcentric Data Centres Limited, a coloc... Read More


26 Nations, UN Chief Condemn Israel's West Bank Settlement Expansion Project

India, Aug. 22 -- 26 nations and UN Secretary-General have condemned the Israeli Government's decision to approve a long-shelved settlement expansion project in the occupied West Bank. The decision b... Read More


Slovenia Consumer Sentiment Rises Slightly

India, Aug. 22 -- Slovenian consumers remained slightly less pessimistic in August, figures from the Statistical Office of the Republic of Slovenia showed on Friday. The consumer sentiment index rose... Read More


LG Electronics Bags Indonesia AI Data Center Cooling System Deal; Terms Not Disclosed

India, Aug. 22 -- LG Electronics Inc (LGEPF.OB), on Friday announced a contract to provide cooling solutions for an AI data center currently under development in Jakarta, Indonesia, by LG Sinarmas Tec... Read More


U.S. Navy Sailor Convicted Of Spying For China

India, Aug. 22 -- A U.S. Navy sailor has been convicted of spying for China. A federal jury at the Southern District of California convicted Jinchao Wei, also known as Patrick Wei, of espionage and e... Read More


Mexico GDP Grows Less Than Estimated In Q2

India, Aug. 22 -- The Mexican economy expanded less than initially estimated in the second quarter, the latest data from the National Institute of Statistics and Geography, or INEGI, showed on Friday.... Read More


U.S. Stocks May Regain Ground Ahead Of Powell Speech

India, Aug. 22 -- After trending lower over the past several sessions, stocks may move back to the upside in early trading on Friday. The major index futures are currently pointing to a higher open fo... Read More