U.S. Securities and Exchange Commission

Turkey's new presidential system will end weak coalition governments and strengthen checks and balances, İbrahim Kalın, presidential spokesperson, has said. 

Kalın wrote an article for U.K. newspaper the Guardian which said Turkey's short-lived coalition governments of the past had crippled its economy, weakened national institutions and paved the way for coups. 

President-elect Donald Trump said he had a “great meeting” with Alibaba executive chairman Jack Ma on Monday, when they discussed 1 million new U.S. jobs.

Ma said that Alibaba’s expansion would focus on products like garments, wine and fruits, with a special focus on trade between the American midwest and southeast Asia.

FBI Special Agent David Chaves spoke at an event called “The FBI on Wall Street” hosted by the New York Hedge Fund Round Table at the Penn Club of New York.

Since 2009, the FBI along with the SEC, and the US Attorney’s Office have been massively cracking down on insider trading in the hedge fund industry.

Brazil's Petrobras may need to pay record penalties of $1.6 billion or more to settle U.S. criminal and civil probes into its role in a corruption scandal, a person recently briefed by the company's legal advisors told Reuters. 

Outspoken Greek DM Panos Kammenos on Monday called the resurgent issue of illegal immigration via the Mediterranean a “matter of defence” for the European Union.

U.S. gunmaker Smith & Wesson has been hit with $2 million in fines for bribing officials in Turkey Indonesia, Pakistan, and other countries to gain sales deals.