Australia’s prudential regulator finds gaps in super fund valuation, liquidity practices

(Reuters) – Australia’s prudential regulator said on Tuesday its review found deficiencies in valuation governance and liquidity risk management among superannuation trustees, urging immediate remediation to meet Prudential Standard SPS 530 Investment Governance (SPS 530). The Australian Prudential Regulation Authority (APRA) found that while trustee capability and approach have generally improved since the last unlisted …

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China resident who stole Tesla trade secrets gets 2-year US sentence

By Blake Brittain (Reuters) – A German-Canadian resident of China was sentenced to 24 months in prison in the U.S. for stealing electric vehicle trade secrets from Tesla for his competing EV battery business, the U.S. Department of Justice said on Monday. Klaus Pflugbeil, 59, pleaded guilty in June to conspiring with business partner Yilong …

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No US government group in Syria for search of Austin Tice, State Department says

By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) – The U.S. State Department on Monday said there is no U.S. government organization currently on the ground in Syria for the search of Austin Tice, an American journalist taken captive during a reporting trip in August 2012, but did not rule out the possibility. State Department …

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Venezuela has freed 533 election protest detainees, attorney general says

CARACAS (Reuters) -Venezuela’s attorney general said in a statement on Monday that 533 people arrested for taking part in protests over a contested July election have been freed. More than 2,000 people were arrested for taking part in protests after the contest, according to the government. Electoral authorities and the country’s supreme court have said …

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