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NEW YORK: Goldman Sachs Group Inc said it was reviewing its involvement in Megvii Technology Ltd’s planned initial public offering after the US government placed the Chinese artificial intelligence firm on a human rights blacklist.
MANHATTAN: Former Credit Suisse Group AG banker Andrew Pearse told a jury in Brooklyn, New York, that he pocketed at least US$45mil in illicit payments for his role in the arrangement of loans worth US$2bil to companies in Mozambique.
LONDON: The British government insisted on Sunday the country will leave the European Union on Oct. 31 despite a letter that Prime Minister Boris Johnson was forced by parliament to send to the bloc requesting a Brexit delay.
PETALING JAYA: The Property Real Estate Lawyers Association said the decision by the Court of Appeal to decide in favour of a serviced apartment owner was fair and correct.
WASHINGTON: Legislation that would toughen money-laundering rules is a priority of Wall Street banks, and lobbyists are busy working to get it passed by Congress even as the rest of Capitol Hill fixates on impeachment and the 2020 elections.
NEW YORK: Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.
WASHINGTON: Senior government officials in in more than 20 countries in five continents were targeted earlier this year with hacking software that used Facebook Inc's WhatsApp to take over users' phones, according to people familiar with the messaging company's investigation.
HONG KONG: China Forestry Holdings Co.’s liquidators are suing KPMG LLP for more than HK$1.3 billion ($166 million), citing the auditor’s negligence when assisting in the company’s listing in Hong Kong.
NEW DELHI: A right-wing social activist in India filed a petition asking the country's top court to order a probe into Facebook Inc and WhatsApp over revelations that a piece of spyware had exploited vulnerabilities in the popular messaging app to snoop on hundreds of devices.