China's Tencent Faces Possible Record Fine For Anti-money-laundering Violations - WSJ

China’s Tencent Faces Possible Record Fine For Anti-money-laundering Violations – WSJ

(Reuters) – Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations on its WeChat Pay mobile network, the Wall Street Journal reported on Monday, citing people familiar with the matter. Financial regulators recently found that WeChat Pay had broken China’s…

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EU Agrees To Freeze Roman Abramovich's Assets - Diplomats

EU Agrees To Freeze Roman Abramovich’s Assets – Diplomats

By Francesco Guarascio and Gabriela Baczynska BRUSSELS (Reuters) – Top European Union diplomats have agreed to add Chelsea football club owner Roman Abramovich to the EU list of Russian billionaires sanctioned after Moscow’s invasion of Ukraine, two diplomatic sources said on Monday. The informal greenlight to Abramovich’s listing came in a meeting on Sunday, one…

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Pet Collars And Casual Clothing Mark Pandemic Shift In UK Inflation Basket

Pet Collars And Casual Clothing Mark Pandemic Shift In UK Inflation Basket

By David Milliken LONDON (Reuters) – Pet collars and casual clothing are replacing takeaway doughnuts and men’s two-piece suits this year as Britain’s statisticians update their inflation calculations to account for pandemic trends. The biggest changes to the inflation basket for 2022 are around food after people ate more at home last year, and increasingly…

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