Money Talks

Sanctions Trial - Turkey: Verdict is unprecedented intervention

Former Halkbank executive Mehmet Hakan Atilla was found guilty on five counts, including bank fraud and conspiracy. He was acquitted of one charge of money laundering. Atilla was accused of helping Iran trade its oil and gas for gold to dodge US sanctions. He was accused of moving the money through US banks without their knowledge. A senior Turkish official dismissed the verdict as void and said it violated international law. Atilla's defence attorney says they plan to appeal the decision.

Breaking News: Turkish banker found guilty in US court

Breaking News: Turkish banker found guilty in US court

Breaking News: Halkbank executive arrives in Istanbul

Breaking News: Halkbank executive arrives in Istanbul

Money Talks: Turkish banker convicted in US sanctions case

Money Talks: Turkish banker convicted in US sanctions case

Halkbank Trial: Halkbank executive sentenced to 32 months

Halkbank Trial: Halkbank executive sentenced to 32 months

China's manufacturing output growth slower than expected in July

China's manufacturing output growth slower than expected in July

Lufthansa's ground staff on strike, demand pay raise

Lufthansa's ground staff on strike, demand pay raise

Weak consumer spending hit tech earnings

Weak consumer spending hit tech earnings

Egyptian farmers struggle to survive amid rising costs

Egyptian farmers struggle to survive amid rising costs

US economy in recession after second quarter contraction

US economy in recession after second quarter contraction

Market Movers: Energy prices keep soaring

Market Movers: Energy prices keep soaring

US economy disappoints with 0.9% contraction in second quarter

US economy disappoints with 0.9% contraction in second quarter

US Federal Reserve hikes benchmark rates by 75 basis points

US Federal Reserve hikes benchmark rates by 75 basis points

IMF slashes global growth forecast, sees rising risk of recession

IMF slashes global growth forecast, sees rising risk of recession

Russia announces cut in gas supplies to EU

Russia announces cut in gas supplies to EU

Report this week expected to show US economy in recession

Report this week expected to show US economy in recession

Farnborough Airshow kicks off after 4 years

Farnborough Airshow kicks off after 4 years

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