Tag Archives: money

LG Q3 report: profits increase as smartphones lose less money

LG kept its tradition to introduce its financial results on the last Thursday of the month, following the end of a quarter, and the numbers look good. The Korean company made a profit KRW748.8 billion ($668 million), which is the best quarter in 2018. The black sheep in the family is the Mobile Communications division which keeps bleeding… Read More »

Wanted money for Goa visit, two men steal mobiles, land in jail

Two men who snatched costly mobile phones here to earn easy money for a flashy lifestyle and to fund their trip to Goa to celebrate New Year at a famous casino there have been arrested, Delhi Police said on Thursday. Two stolen motorcycles and nine android mobile phones were seized from Amit Singh, 20, and Sandeep Kumar, 21.… Read More »

Bank of Ireland fined 3.2 million euros over money laundering controls

Ireland’s central bank has fined Bank of Ireland (BKIR.I) 3.15 million euros ($3.52 million) for “significant failures” in its controls against money laundering and terrorist financing, it said on Tuesday, the third lender to be hit with such a reprimand in six months. The Central Bank of Ireland said the failures dated back to 2010 and persisted on… Read More »

Tour Shines Light on Where Billionaires Stash Their ‘Dirty Money’

Motorized group tours of London’s famous landmarks are almost as common as the city’s iconic red double-decker buses. One recently inaugurated trek through the British capital isn’t trying to show off the country’s historical treasures, however. Instead, Kleptocracy Tours aims to shed light on where the world’s rich and powerful stash their billions. With some high-end properties in… Read More »

Google, NASA put big money on D-Wave’s quantum computer

Google. NASA. Lockheed Martin. Los Alamos National Laboratory. Big names in the worlds of big brains and cutting-edge technology are investing millions of dollars in the quantum computing technology of the Burnaby, B.C.-based company D-Wave. They say they’re starting to see promising results, despite criticism from some quantum physicists that the technology might never live up to its promise. Quantum… Read More »