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ABC News has failed to persuade a South Dakota state judge to dismiss a $1.2 billion defamation lawsuit by a meat processor complaining about a series of reports that allegedly referred to its signature product as "pink slime."
SAN FRANCISCO/HONG KONG: Weibo Corp executives on Thursday toasted the Chinese social media firm's debut at Nasdaq's New York headquarters. Hours earlier in Beijing, Charles Xue, a Chinese-American venture capitalist and prominent Weibo user, celebrated a different kind of coming-out: his release after eight months in jail.
KUALA LUMPUR: The embattled chief executive of Harvest Court Industries Bhd, Datuk Raymond Chan, made public a taped conversation that he claims proved that parties out to oust him controlled more than 33% of the company and were avoiding a mandatory general takeover (MGO).
KUALA LUMPUR: JF Apex Research expects UEM Edgenta, SMTrack, Petronas Gas and Guan Chong to be among the stocks which could attract trading action on Monday.
NEW YORK: Companies controlled by Israeli mining magnate Beny Steinmetz sued fellow billionaire George Soros, claiming he cost them at least $10 billion through a defamation campaign that stripped them of rights to an iron ore deposit in Guinea and other business opportunities around the world.
SHANGHAI/BEIJING: Chinese prosecutors have filed new lawsuits against employees of two firms connected to fugitive Guo Wengui, the official Xinhua news agency said on Saturday, as Beijing continues to turn up the legal pressure on the New York-based tycoon at the centre of a political feud with the ruling Communist Party.