Oversight Agency

Two Chinese pharmaceutical firms and six Chinese nationals are facing charges after prosecutors said they were part of a drug-trafficking network that provided material support to the Cártel del Golfo (CDG), a Mexican criminal syndicate that was designated as a foreign terrorist organization.

It was a tiny Swiss bank, headquartered in an open-plan office close to Lake Zurich and little known abroad. But MBaer Merchant Bank AG would sometimes charge clients 10 times the normal rate to process payments.

Britain’s government will cap political donations from British citizens living overseas at £100,000 a year and temporarily ban cryptocurrency donations under emergency election law changes aimed at countering foreign interference.

An Italian member of the European Parliament denied taking bribes from Huawei as lawmakers weigh whether to strip him of parliamentary immunity in a Belgian corruption investigation.

India has purchased its first cargo of Iranian liquefied petroleum gas in years after the United States temporarily lifted sanctions on Tehran’s oil and refined fuel exports.

Russia is reaping a financial windfall from the U.S.-Israel war against Iran, as supply disruptions in the Middle East drive up global fertilizer prices and sharpen debate in Europe over whether to ease curbs on Russian exports.

Britain’s National Crime Agency (NCA) and the National Federation of Builders have launched a campaign to help the construction industry combat invoice fraud, warning that the crime costs businesses millions of pounds and poses a particular threat to firms handling complex supply chains and high-value payments.

An Irish alumina refinery owned by Russian metals group Rusal is part of a supply chain that appears to end with Russian arms manufacturers involved in the war in Ukraine, according to new reporting by The Guardian that cites leaked records and public trade data.

House Republicans have opened an investigation into alleged hospice fraud in California, citing a CBS News investigation that found widespread warning signs among hospice operators in Los Angeles County and raising concerns about potentially tens of millions of dollars in taxpayer losses.

Britain’s Financial Conduct Authority (FCA) defended its decision to award a short-term artificial intelligence contract to Palantir Technologies on Tuesday, telling lawmakers the U.S. firm would not have access to regulatory intelligence as concerns mounted over sensitive data and the growing reach of major technology providers in government.