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NY Fed, Bangladesh Bank meeting on heist postponed: sources

July 12, 2016 by · Leave a Comment 

A meeting between Bangladesh central bank officials and the New York Federal Reserve scheduled for this week to speed up efforts to recover $81 million stolen from Bangladesh Bank's account at the Fed has been postponed, officials in Dhaka said. A four-member Bangladesh Bank team headed by deputy governor Mohammad Razee Hassan, who also heads …

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NY Fed, Bangladesh Bank meeting on heist postponed: sources

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IKEA to recall 1.7 million chests, dressers in China: watchdog

July 12, 2016 by · Leave a Comment 

Swedish furniture company IKEA Group [IKEA.UL] said it would recall 1.66 million chests and dressers in China over concerns the drawers could pose a danger to children if not properly fixed to walls, China's safety regulator said on Tuesday. The recall covers MALM chests or dressers manufactured from 1999 to 2016, China's General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said in a statement posted on …

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IKEA to recall 1.7 million chests, dressers in China: watchdog