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April 17, 2015 5:09 PM UPDATE 1-LME fines CWT 100,000 pounds for "Chinese Wall" warehouse violation

LONDON, April 17 (Reuters) - The London Metal Exchange (LME) has imposed a 100,000 pound ($149,310) fine on CWT Commodities for violating so-called "Chinese Wall" restrictions of its warehousing policy. The 138-year old LME is in the midst of a wide-ranging reform of its global network of warehouses that store industrial metals such as aluminium and copper 71

April 17, 2015 5:06 PM Feds raid west Houston business

A federal raid at Houston business and the arrest of two local men were part of an investigation that lead to nine defendants indicted for allegedly supplying Iran with high-tech microelectronics, uninterruptible power supplies and other commodities, officials said. The indicment alleges that Smart Power Systems Inc., Bahram Mechanic, 69, and Tooraj 25

April 17, 2015 4:54 PM EU to investigate transparency of Internet search results -document

BRUSSELS, April 17 (Reuters) - Internet platforms such as Google, Microsoft and Yahoo! will be the subject of a widespread inquiry by European regulators to determine whether they are transparent enough in how they display search results. The inquiry will seek to address concerns of European business and politicians about the dominance of U.S. tech giants 73

April 17, 2015 4:38 PM Commission approves $58K in fines for former state representative David Rivera

Without any debate, members of the state ethics commission on Friday agreed that former U.S. Rep. David Rivera should pay $57,821.96 for improperly accepting state money for travel when he served as a state representative. It will now be up to the Florida House to decide whether to penalize its former member. Rivera, who was in Tallahassee Friday but did not attend 13

April 17, 2015 4:02 PM Google's EU showdown offers openings to competitors

That appears to be the European Union's strategy to pursue Google (GOOGL.O) in a competition dispute by choosing to push a narrow set of charges around its shopping service, while opening another investigation of Google's Android mobile phone software. Whether or not the EU succeeds in branding Google a market-abusing monopolist in web search - a big if, given 78

April 17, 2015 2:45 PM Data app pushes Chinese factories to cut pollution

OXFORD, England (Thomson Reuters Foundation) - When environmentalist Ma Jun set out to tackle pollution from Chinese industries, it seemed a near-impossible task. Taking polluting factories to court was difficult. Factory owners were powerful, and the incentives were stronger to cut environmental corners than comply with regulations. But China's government 10

April 17, 2015 2:32 PM Florida Ethics Panel: Rivera Deserves Fine, Reprimand

A Florida government commission says former U.S. Rep. David Rivera broke the state ethics law while he was in the state Legislature and should pay nearly $60,000 fines and penalties. The Miami Republican is accused of getting reimbursed for travel expenses that were paid by his campaign. Rivera did not comment following Friday's hearing by the Florida 14

April 17, 2015 2:29 PM Exclusive: Greece scrapes bottom of barrel in hunt for cash to stay afloat

ATHENS (Reuters) - Greece will need to tap all the remaining cash reserves across its public sector -- a total of 2 billion euros ($2.16 billion) -- to pay civil service wages and pensions at the end of the month, according to finance ministry officials. Barring a last-ditch deal with its creditors, that would leave no money to repay the International 18

April 17, 2015 1:23 PM This country fines you for being unemployed

Losing your job comes with an extra sting if you live in Belarus. Citizens of the eastern European country are now being forced to pay penalties if they find themselves out of work for too long. Belarus President Alexander Lukashenko signed a decree this month that sets fines for unemployed people, and puts them at risk of temporary detention 75

April 17, 2015 7:07 AM Former US Congressman fighting ethics charges and fines

A former U.S. Congressman could be asked to pay nearly $60,000 in fines and penalties stemming from a long-running ethics investigation. The Florida Commission on Ethics will take up a case against David Rivera on Friday. Rivera is a former state legislator who served a single term in the U.S. House representing a district that stretches from southwest 13