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(Reuters) -The Australian financial crimes regulator said on Monday it opened an investigation into British sports betting giant Entain Plc to assess whether it was complying with anti-money laundering and counter-terrorism financing laws. The Australian Transaction Reports and Analysis Centre (AUSTRAC) said it began the enforcement investigation after an extensive supervisory campaign covering the whole …

Australia financial crimes regulator opens investigation into Britain’s Entain Read More »

By Lisa Baertlein LOS ANGELES (Reuters) – Two unions negotiating contracts for almost 60,000 workers at major U.S. freight railways on Sunday said those employers are halting shipments of some cargo to gain leverage ahead of this week’s deadline to secure labor agreements. Unions and railroads, including Union Pacific, Berkshire Hathaway’s BNSF, CSX, and Norfolk …

U.S. railroad unions warn of cargo delays as contract deadline looms Read More »

(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Asian markets should open the week on an upbeat note following the strong end to last week across global stocks, but with a heightened sense of caution ahead of Tuesday’s U.S. inflation data. The consumer price inflation report for August will …

Marketmind: Happy Monday Read More »

By Aidan Lewis CAIRO (Reuters) – The European Bank for Reconstruction and Development (EBRD) will help finance the decommissioning of 5GW of inefficient gas-fired power plants in Egypt from 2023 while pledging up to $1 billion for renewables, its regional director said on Sunday. EBRD would raise up to $300 million in sovereign financing for …

EBRD to help fund transition from gas to wind power in Egypt Read More »

By Julie Gordon OTTAWA (Reuters) – More than a year after the Great Resignation took hold in the United States, Canada is grappling with its own greyer version: The Great Retirement. Canada’s labor force grew in August, but it fell the previous two months and remains smaller than before the summer as tens of thousands …

Canada’s real problem is not job losses, it’s the rush to retire Read More »

By Steven Scheer JERUSALEM (Reuters) – El Al Israel Airlines plans to repay a $45 million loan that it took from the government during the COVID-19 pandemic by the end of the year, under a deal reached between the airline and Finance Ministry, they said on Sunday. The loan was part of a government package …

Israel’s El Al Airlines agrees to repay state’s COVID loan by year end Read More »

By Mrinmay Dey (Reuters) -Visa Inc, the world’s largest payments processor, said on Saturday it will implement a new merchant category code for U.S. gun retailers, which will identify transactions at firearms stores. The International Organization for Standardization (ISO) approved creation of the merchant code on Friday following pressure from gun-control activists who say it …

Payments giants to apply new code identifying sales at U.S. gun stores Read More »