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Swiss bank UBS opened accounts for Ghislaine Maxwell in 2014. This happened after JPMorgan Chase ended its relationship with Jeffrey Epstein and flagged Maxwell as a high-risk client. UBS managed millions for Maxwell, including after Epstein's 2019 arrest. Documents reveal the extent of UBS' banking relationship with Maxwell leading up to her conviction.
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News and Media
The Rafah crossing between Gaza and Egypt has reopened after a brief closure. Limited numbers of Palestinians are now able to travel in both directions. This vital border point is crucial for medical evacuations. Palestinians seeking treatment abroad face delays and alleged mistreatment. Hamas officials are discussing a long-term truce and reconstruction of Gaza.
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News and Media
Jeffrey Epstein advised OneWeb Ltd., a satellite network now a major competitor to Elon Musk's Starlink. Emails released by the US Department of Justice reveal Epstein's role as a confidante to founder Greg Wyler. Wyler sought funding for OneWeb, which later secured investments from SoftBank and Qualcomm. Epstein discussed investing but no deal materialized.
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News and Media
Monthly registrations for Limited Liability Partnerships (LLPs) surpassed 10,000 for the first time in January, a 60% year-on-year increase. Company incorporations also saw a significant jump of nearly 39%. These surges are attributed to a strong domestic growth outlook, boosted by recent trade deals with the US and EU, and favorable tax policies.
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News and Media
The successful conclusion of an interim trade framework agreement between India and the US will boost investor confidence, strengthen the foundation for capital flows, and deepen market participation as India integrates further with the world economy--directly advancing the vision of Viksit Bharat, said Sundararaman Ramamurthy, MD and CEO, Bombay Stock Exchange (BSE).
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News and Media
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