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Daily Archives: August 1, 2018

Major Thai banks get on board of Swift’s GPI platform for real-time fund transfers

As the world’s largest inter-bank network for cross-border fund transfers, Swift, founded in 1973, has evolved from its telex messaging service in the early days to the current real-time digital messaging service. Over the past years, about 11,000 member banks worldwide have used its global standard for risk management on fund transfers across about 200 countries. To further upgrade its ...

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Catholic diocese in Pennsylvania names 71 priests and clergy members accused of child sex abuse …

The Roman Catholic diocese of Harrisburg, Pennsylvania, released on Wednesday the names of 71 priests and clergy members accused of sexually abusing children. Bishop Ron Gainer issued a public apology for the abuse, in which he said bishops had not adequately responded to allegations dating back to the 1940s. Gainer said he was releasing the names with “great sadness” because ...

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Condé Nast plans to sell Golf Digest, Brides and W magazines to cover losses

Condé Nast, the company behind Vogue, Vanity Fair and The New Yorker, became one of the most successful magazine publishers by charming readers and advertisers alike with a formula built on old-world glamour and all-American pizazz. But now, even after having taken measures to cut spending and make itself more digitally savvy, the company is expected to adopt a more ...

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