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Other Sport 23 Jun 2005 | 12:00 AM

Three lawsuits filed over US Grand Prix

Three lawsuits have been filed by Formula One fans seething over the decision to stage the US Grand Prix with only six cars.

Other Sport 22 Jun 2005 | 12:00 AM

First compensation claim filed after US Grand Prix debacle

A Formula One fan from Colorado has filed a class action suit following the debacle at last Sunday's United States Grand Prix in Indianapolis when 14 out of 20 cars refused to race.

Business 15 Jun 2005 | 12:00 AM

JPMorgan agrees to US$2.2b settlement in Enron fraud lawsuit

JPMorgan Chase Co., the third-largest U.S. bank, agreed Tuesday to pay $2.2 billion (euro1.8 billion) to settle a class-action lawsuit over its role in helping Enron Corp. engineer an accounting fraud that bilked investors out of billions of dollars.

Business 10 Jun 2005 | 12:00 AM

One of five accused China Aviation Oil executives heads for US

A financial director of China's main jet fuel supplier who faces criminal charges has traveled to the United States to try to settle a class-action lawsuit against her beleaguered company, her lawyer said Friday.

Other Sport 13 Apr 2005 | 12:00 AM

Singapore to host fifth-leg of the world-class IRB Sevens

The Singapore National Stadium will come alive with world-class rugby action and cheers of rugby fans with the return of the Singapore Sevens this weekend.

AseanPlus News 10 Apr 2005 | 12:00 AM

Victims of Agent Orange file appeal

Attorneys for the Vietnamese plaintiffs whose lawsuit against US chemical manufacturers of Agent Orange was dismissed last month have appealed against the ruling, an official said yesterday.

Business 18 Mar 2005 | 12:00 AM

JP Morgan makes US$2b settlement

JP Morgan Chase Co has agreed to pay US$2bil to settle a lawsuit accusing it of hiding risks from WorldCom Inc investors when it helped the company sell bonds.

Business 17 Mar 2005 | 12:00 AM

Oil prices, disappointing GM outlook pull US stocks lower

Wall Street stumbled Wednesday after crude oil prices shot up to another new high, passing $56 a barrel and raising the specter of higher inflation and interest rates. General Motors Corp.'s grim outlook for its first quarter took an added toll on the Dow Jones industrials, which fell more than 110 points.

Business 17 Mar 2005 | 12:00 AM

JPMorgan settles WorldCom suit for US$2b

JPMorgan Chase Co., the nation's second largest financial institution, agreed to pay $2 billion (euro1.5 billion) to settle claims from investors who lost money in the collapse of WorldCom Inc.

Letters 06 Mar 2005 | 12:00 AM

High price for justice