Deutsche Bank is bracing itself against a massive fine in excess of $1.5bn (£1bn) for its part in rigging the Libor rate.
If this proves to be the amount agreed, it will be a record fine and more than the $1.5bn UBS had to pay to the UK, US and Swiss authorities for the same illegal chicanery.
This year’s international golf ‘Clubhouse of the Year’ competition went back to its US roots as many of the 21 entries on the shortlist are for clubhouses in American states known for high-quality golf facilities.
Only one, the Espiche Golf clubhouse, was located outside the United States representing a huge boost to the Algarve's reputation, and that of the golf course management and clubhouse's architect.
Archibald Dickson, who rescued 2,638 refugees from the Spanish civil war, is admired on the Costa Blanca but scarcely known in his home city of Cardiff.
But on Sunday 12 April a memorial service is planned in the Welsh capital, 76 years after his courageous rescue.
Former BES boss Ricardo Salgado is up before the Swiss banking regulator FINMA today and tomorrow.
The subject for Salgado’s next stream of smoothly delivered excuses is the collapse of Banque Privée Espírito Santo which the Swiss had to wind up.
The Confederate army of the American south led by Robert E Lee surrendered 150 years ago to the Union Commander Ulysses S Grant on 9 April 1865 in Appomattox, Virginia.
The four-year conflict is the deadliest in American history. A recent census study concludes that an estimated 750,000 soldiers were killed, more than half through disease and starvation, along with an unknown number of civilians.
Amazon is no longer willing to provide free book delivery to Portugal and elsewhere, but its founder is getting ready to go into space.
A company owned by Jeff Bezos has completed work on a rocket engine for a suborbital spaceship.
Blue Origin officials say flight tests are to start this year.
Its “New Shepard” space craft can hold three people and fly some 100km above planet Earth.
Originally launched in 1988 by the same company that used to publish the Algarve Resident newspaper, Entdecken Sie Algarve now has been given a total facelift, the April edition now is on sale.
The magazine was reunited with the Algarve Resident in February 2014 when it became part of the Open Media group.
A new computer programme for dealing with photographs, and the extension of opening hours, have reduced the number of licences backed up in the overloaded IMT driving licence processing system.
The Economy Minister, Pires de Lima, today informed the Committee of Economy and Public Works that the Institute for Mobility and Transport (IMT) has cut 100,000 from the backlog of new and renewal driving licences.
