London trader jailed for 14 years for rigging Libor rate
Former UBS and Citigroup trader Tom Hayes
London - Arab Today
Former UBS and Citigroup trader Tom Hayes was on Monday sentenced to 14 years in jail for rigging the benchmark Libor inter-bank lending rate, in the first conviction of its kind.
The 35-year-old had earlier been found guilty on eight counts of conspiracy to defraud between 2006 and 2010, following a two-month trial at London's Southwark Crown Court.
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Bucharest - SANA
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Moscow - TASS
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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