World

China executes ex-banker in case of bribery and bigamy

[ad_1] BEIJING: China executed a former chief banker on Friday (January 29) accused of taking bribes worth $ 260 million, other forms of corruption and bigamy, state broadcaster CCTV reported. Lai Xiaomin, a former president of Huarong, one of China’s largest state-controlled asset management firms, was sentenced to death by …

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Republicans largely oppose impeachment of Trump

[ad_1] WASHINGTON: All but five Senate Republicans voted in favor of an effort to dismiss the historic second impeachment trial of Donald Trump on Tuesday (January 26), making clear a conviction of the former president for “incitement to insurrection” after the deadly siege of the Capitol on January 6. It …

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Goldman Sachs CEO Pays Price for 1MDB Scandal

[ad_1] NEW YORK: Goldman Sachs CEO David Solomon’s annual salary fell $ 10 million, or 36 percent, in 2020, according to regulatory disclosures released Tuesday (January 26), reflecting the role of the bank in Malaysia’s 1MDB scandal. Solomon will receive $ 17.5 million for his work during the year, compared …

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