Westpac has agreed to pay a record $1.3billion fine for breaching anti-money laundering rules – and enabling the funding of child exploitation and potentially terror activities. Australia’s second biggest bank has told the Australian Securities Exchange it had reached an agreement with AUSTRAC, the federal government agency charged with tackling organised crime. Westpac has admitted … Read more
The UK Government is investing £1.3billion in a French company’s vaccine factory in Scotland in the hope it will produce a working jab against Covid-19. Valneva, which is one of at least seven companies to have sold orders of its vaccine to Britain, will manufacture the jab at a facility in Livingston, Scotland, if it … Read more
Rolls-Royce will cut 9,000 aerospace jobs to save £1.3billion after air travel slumped in coronavirus pandemic By Rory Tingle For Mailonline Published: 07:22 BST, 20 May 2020 | Updated: 07:33 BST, 20 May 2020 Aerospace giant Rolls-Royce has said it plans to cut at least 9,000 jobs after the aviation industry was hit hard by … Read more