Macquarie faces $14 million penalty over savings rate promotion failures
Macquarie Bank has admitted failures in the way it promoted a welcome interest rate for new savings account customers, in a case brought by the Australian Securities and Investments Commission. The bank has acknowledged breaching the Corporations Act and could face a $14 million penalty if the proposed settlement is approved by the New South Wales Supreme Court. The case centres on how the promotional rate was described to customers and whether that wording was misleading.According to the regulator, Macquarie referred to the offer as a "welcome variable rate" and a "bonus", language that could have suggested the rate was... [Continue Reading]
360LiveNews | 10 Nov 2026 22:34 LONDON
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United States skips UN human rights review again, delaying examination until January
The United States has again refused to take part in its United Nations human rights review in Geneva, prompting the UN Human Rights Council to postpone examination of Washington's record until January. The session was due to begin on Tuesday, but US representatives did not appear in the room when the review was called. It is the second consecutive year that the United States has skipped the process.The council president, Sidharto Reza Suryodipuro of Indonesia, announced that the US delegation was not present as the meeting was set to start. Under the UN system, all 193 member states undergo a... [Continue Reading]
360LiveNews | 10 Nov 2026 19:02 LONDON
Kenyan court sentences cult leader Paul Mackenzie to 200 years for Shakahola killings
A Kenyan court has sentenced doomsday cult leader Paul Mackenzie to 200 years in prison for the murders of 191 people, most of them children. The ruling was delivered in Mombasa and follows his conviction in October in the Shakahola forest mass killing case. The court said Mackenzie bore primary responsibility for ordering followers to starve their children to death.Justice Diana Mochache said the sentence was intended to send an unmistakable message that such crimes warrant the maximum penalties allowed by law. Prosecutors had asked for the death penalty, arguing that the scale of the killings and Mackenzie's lack of... [Continue Reading]
360LiveNews | 06 Nov 2026 12:32 LONDON
Tanzanian opposition leader convicted of incitement in Dar es Salaam
Tanzania's main opposition leader, Tundu Lissu, has been found guilty of incitement by the High Court in Dar es Salaam. A panel of three judges acquitted the Chadema leader of the more serious charge of treason. The ruling marks a major development in a case that has drawn attention to political freedoms in the country.Lissu, 58, has been detained since April last year and represented himself during the trial. The court heard that the case stemmed from remarks he made while campaigning for electoral reforms ahead of the disputed 2025 general election. Prosecutors said his statements were intended to incite... [Continue Reading]
360LiveNews | 06 Nov 2026 09:59 LONDON
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California governor commutes all 548 death sentences amid ongoing debate over capital punishment
California Governor Gavin Newsom has commuted the death sentences of all 548 people on death row in the state, replacing them with life in prison without the possibility of parole. The announcement is being described as the largest mass clemency in United States history. It effectively clears California's death row, although the state has not executed a prisoner for 20 years.Newsom said he took the action because he believes state-sanctioned killing is incompatible with California's values and undermines the legal system. In an open letter, he cited moral concerns, the high cost of capital punishment and the risk of human... [Continue Reading]
360LiveNews | 06 Nov 2026 03:29 LONDON
