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Corporate News 09 Oct 2018 | 5:16 AM

Citigroup, Deutsche Bank face Australian court in landmark cartel case

SYDNEY: The Australian units of Citigroup and Deutsche Bank faced court in Sydney on Tuesday accused of criminal cartel conduct over a A$3 billion ($2.1 billion) stock issue, in a landmark case being watched around the world.

Economy 30 Jul 2018 | 12:28 AM

UK businesses slow to tackle slavery under landmark law

LONDON: Businesses in Britain are failing to tackle modern slavery in their supply chains, with many slow to take action under a landmark law, a survey of company managers showed on Monday.

Economy 03 Aug 2016 | 4:54 PM

Indian parliament passes landmark tax reform bill to launch GST

NEW DELHI: India’s upper house of parliament on Wednesday passed a landmark tax reform bill that will pave the way for the introduction of a new national sales tax, creating a common market across the country for the first time.

Business 21 Jun 2016 | 5:46 PM

Boeing nears landmark deal to sell planes to Iran Air

NEW YORK: US aerospace giant Boeing and Iran Air confirmed Tuesday a tentative deal for the sale of passenger planes, in what could prove a landmark for easing in the difficult US-Iran relationship.

Business 18 Sep 2013 | 12:00 AM

Naza in landmark deal to market the Koenigsegg

ANGELHOLM (SWEDEN): In a landmark deal, Naza Swedish Motors Sdn Bhd, a subsidiary of the Naza Group, has inked a franchise agreement with Koenigsegg Automotive AB for the distributorship of the world’s fastest and lightest hyper car, the Koenigsegg.

Business 04 Oct 2014 | 6:38 AM

Marchionne upbeat on landmark Fiat Chrysler listing

PARIS: With the landmark listing of Fiat Chrysler Automobiles less than two weeks away, CEO Sergio Marchionne has a clear criterion for success: more than half of the merged company's shares changing hands in New York instead of Milan.

Business 09 Nov 2011 | 12:00 AM

Landmark decision for securities cases

PETALING JAYA: In a landmark decision for securities cases, two former directors of MEMS Technology Bhd saw their six-month jail terms imposed by the High Court being upheld by the Court of Appeal last Friday.

Business 30 Jun 2010 | 12:00 AM

Penang invites foreigners to develop landmark projects

SINGAPORE: The Penang state government today offered Singaporean and international investors an opportunity to participate in building and developing some of the island's landmark projects and historical sites.

Business 23 Sep 2010 | 12:00 AM

Europe finally adopts landmark finance curbs

BRUSSELS: Europe finally voted through landmark curbs yesterday to clamp down on its finance industry just as fears returned that Ireland, like Greece, was staring down bankruptcy.

Business 23 May 2009 | 12:00 AM

Cigarette makers lose appeal in landmark case

WASHINGTON (AP) - A federal appeals court on Friday agreed with the major elements of a 2006 landmark ruling that found the top U.S. tobacco companies guilty of racketeering and fraud for deceiving the public about the dangers of smoking.