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Watchdog closes Danske Bank's Estonian branch over scandal

Estonia's banking watchdog FSA said Tuesday it has ordered Denmark's largest lender Danske Bank to close its local branch within eight months, following a money laundering scandal. Investigators in Copenhagen, Brussels, London and the United States are probing some 200 billion euros ($226...

UAE signs major missile deals with US giant Raytheon

The United Arab Emirates announced Monday it had signed deals worth more than $1.6 billion for the purchase of Patriot missile launchers from US arms giant Raytheon, state media said. The deals, inked on the second day of an international military exhibition in Abu Dhabi, come a day after...