Swiss court convicts 2 top PetroSaudi executives in fallout from 1MDB Malaysian fund scandal

Swiss court convicts 2 top PetroSaudi executives in fallout from 1MDB Malaysian fund scandal

GENEVA (AP) — Switzerland’s federal criminal court on Wednesday convicted two top managers of a Saudi oil company on charges including fraud and money laundering in a vast scam that swiped at least $1.8 billion from a Malaysian state-owned investment fund. PetroSaudi executive Tarek Obaid, a Saudi-Swiss dual national, received a seven-year sentence and British-Swiss

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Denmark creates 3 new ministers in government reshuffle

Denmark creates 3 new ministers in government reshuffle

COPENHAGEN, Denmark (AP) — Denmark’s three-party centrist government said Wednesday it will create three new ministries, including a government office in charge of emergency preparedness. The government wants a minister in charge of European Union affairs ahead of Denmark’s rotating EU presidency in the second half of 2025. The shuffle means Denmark, like Sweden, will

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Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds

Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds

Freight railroad BNSF is generally striving to improve safety on a consistent basis, but that message doesn’t always reach front-line workers who often don’t feel comfortable reporting safety concerns for fear of being disciplined, according to an assessment released Wednesday by regulators. The Federal Railroad Administration’s review of BNSF’s safety culture also found that the

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