the US

GFH acquires two trophy Chicago properties for US $150 million

Manama - Muslimchronicle

GFH Financial Group (“GFH”) today announced the successful acquisition of a new investment in the US comprising of two trophy Chicago suburban office properties in a deal valued at approximately US$150 million. The investment has been undertaken in partnership with Crestlight Capital and Lincoln Property Company. Lincoln Property Company is one of the largest property managers in the US havingRead more

Atlanta airport says power back after major flight delays

Washington - Muslimchronicle

The world's busiest airport, in the US city of Atlanta, said early Monday that power had been restored after an outage left passengers in the dark and affected hundreds of flights. "Power has been restored on all concourses," the Hartsfield-Jackson Atlanta International Airport said on its Twitter account, about 11 hours after first reporting a power disruption. Giving an ideaRead more

US asks Deutsche Bank for info on Flynn-linked transactions

london - Muslimchronicle

The US government has requested that Deutsche Bank provide information on transactions potentially linked to Michael Flynn, President Donald Trump's former national security advisor, The Wall Street Journal reported Friday. The request is part of an investigation by special counsel Robert Mueller into Russian interference in the 2016 presidential election that brought Trump to office, the paper said. Flynn hasRead more

Indian minister pushes Bollywood on sexual harassment

MUMBAI - Muslimchronicle

India’s minister for women has warned Bollywood producers over sexual harassment in the Hindi film industry after a scandal that has brought down some leading Hollywood figures. Maneka Gandhi wrote to leading production houses reminding them that they are “ethically and legally” responsible for providing a “safe, secure and inclusive work environment” for all staff under Indian law. Bollywood hasRead more

European stocks and euro sag before rate calls

london - Muslimchronicle

Europe's major stock markets slid and the euro dipped Thursday with investors cautiously awaiting the latest interest rate decisions in Britain and the eurozone. The US Federal Reserve had hiked borrowing costs as expected on Wednesday, adding to subdued sentiment in the final round of central bank decisions this year. At 1200 GMT, the Bank of England (BoE) announces itsRead more

South Korea bans its banks from dealing in Bitcoin

london - Muslimchronicle

South Korea on Wednesday banned its financial institutions from dealing in virtual currencies such as Bitcoin, as the cryptocurrency soars in a bubble fuelled by retail speculators, many of them from the country. The hyper-wired country has emerged as a hotbed for cryptocurrency trading, accounting for some 20 percent of global Bitcoin transactions -- about 10 times its share ofRead more