A Swiss trader stands trial on Thursday accused of knowingly buying diamonds worth $750,000 on behalf of Italian criminals to help them launder the proceeds of a $35 million tax scam.
Billionaire mining tycoons said the UK’s fraud prosecutor colluded with their own “bullying” lawyer to leak confidential information and manufacture grounds for a criminal probe that’s dragged on for almost a decade.
Commodities rally is wavering on worries about faster inflation, Federal Reserve hints at easing stimulus and China’s warning over measures to cool price spikes.
Nippon Paper Industries is targeting new breakthroughs in the use of cellulose nanofibers, with the aim of creating supercapacitors that could store and release energy with vastly improved performance.
Company is driving the development of so-called “green aluminum,” with automakers and other consumers charged a premium for metal with a smaller carbon footprint.
