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FinCEN Eyes Real Estate Industry For Money Laundering Concerns

2015-05-15 11:54:00| Real Estate - Topix.net

On May 6, FinCen Director Jennifer Calvery delivered remarks at the West Coast AML Forum, highlighting the agency's increased focus to ensure transparency within the U.S. financial system. In her remarks, Calvery addressed concerns about potential money laundering activities in the real estate market, particularly for persons involved in real estate closings and settlements.

Tags: real estate money industry

 

Autobarn for ASX: Metcash eyes $350m automotive parts float

2015-05-14 19:55:39| Grocery - Topix.net

Struggling wholesaler Metcash is planning to exit its three-year investment in automotive parts through a $350 million-plus sharemarket float that will help it pay down debt. Metcash told the market on Thursday it was looking to sell its automotive division, which generated about $250 million in revenue for the year to April 2015.

Tags: parts eyes automotive float

 
 

India eyes $1.1 billion solar loan from German bank KFW

2015-05-13 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: German development bank KFW could lend India $1.1 billion for rooftop solar projects, on top of another loan it has extended to help the Asian country fund its ambitious green energy plans, India's top renewable energy bureaucrat told Reuters. Prime Minister Narendra Modi wants to quintuple India's renewable energy capacity to 175 gigawatts by 2022, making clean energy part of his fight against climate change without necessarily committing to a timeline for emission cuts. KFW [KFW.UL] has already...

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Germany Eyes Wood-based Foam Materials

2015-05-12 16:52:00| Chemical Processing

Researchers look to renewable sources to manufacture more sustainable products

Tags: germany eyes materials foam

 

Suntory Holdings eyes FY growth after strong Q1

2015-05-11 18:05:30| Daily beverage news and comment - from just-drinks.com

Suntory Holdings expects full-year profits to jump by a third as sales and underlying profits stayed strong in the first quarter.

Tags: strong eyes growth holdings

 

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