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BREAKING NEWS / UPDATE: Wausau police confirm Stephanie Low's body was found in Wabeno; person of interest Kristopher Torgerson to be charged with homicide

WAUSAU, Wis (WSAU)  Wausau police say Stephanie Low's body has been found. Police revealed at a news conference today that a person of interest in her death, Kristopher Torgerson, led police to her body on September 19th. The body has since been positively ID'ed by the state crime lab. The autopsy lists 'homicide' as the cause of death. Torgerson had been questioned nearly four years ago after she had first disappeared. Wausau PD say he was in custody on other charges, and agreed to sh...

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South Africa's Standard Bank to appeal $60 million ruling

JOHANNESBURG (Reuters) - South Africa's Standard Bank said on Friday it would appeal an arbitration ruling to refund at least $60 million worth of shares to a union pension fund.

"Standard Bank will, within a week, appeal the whole of the award of the arbitrator," Africa's largest lender said in a statement, adding the arbitrator had failed to take into consideration several mitigating issues.

An arbitrator ordered the bank this month to pay at least 528 million rand ($60 million) worth of shares to a pension fund belonging to the South African Commercial, Catering and Allied Workers Union.

The case, which had previously been in litigation in a high court, dates back to a 2002 deal between the bank and the fund in which the fund lent Standard Bank shares and was later repaid.

The arbitrator ruled the deal should have never happened and ordered Standard Bank to surrender shares in mobile firm MTN and media company Naspers worth about 528 million rand, based on this week's prices.

(Reporting by David Dolan; Editing by Ed Cropley)

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