Cyprus risks euro exit after EU bailout ultimatumThe European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone. In a sign it was at More… |
Unicorn says former chief committed crimesThe former chief executive and founder of Bahrain's Unicorn Investment Bank committed 58 criminal offences, including misappropriating bank funds, an independent investigation by consultancy Deloitte concluded, Unicorn said on Tuesday. More… |