Broker Icap says to pay $87m in fines over Libor
Arab Today
Broker Icap on Wednesday said it had settled with British and US regulators to pay fines totalling $87 million (64 million euros) after staff attempted to manipulate a Libor inter-bank lending rate. British company Icap said in a statement that it would pay £14 million ($22.4 million, 16.6 million euros) to Britain's Financial Conduct Authority and $65 million to the US Commodity Futures Trading Commission "relating to the involvement of certain brokers in the attempted manipulation of yen Libor by bank traders between October 2006 and January 2011".
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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