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Business 28 Mar 2014 | 8:47 AM

US Industry Summary

WASHINGTON (Reuters) - Comcast Corp's Executive Vice President David Cohen will testify at a hearing in the U.S. Senate on April 9 about his company's plans to buy Time Warner Cable Inc, a Comcast spokeswoman said on Thursday.

Business 28 Mar 2014 | 8:50 AM

Judge rejects ABC news bid to throw out US$1.2bil 'Pink Slime' lawsuit

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."

Business 18 Apr 2014 | 8:41 AM

Weibo debut highlights complicated dance with Chinese censors

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.

Business 15 Jul 2014 | 12:00 AM

Plot thickens at Harvest

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).

Corporate News 11 Sep 2014 | 12:00 AM

Asia Media sued by former CFO

PETALING JAYA: Asia Media Group Bhd has been served with a writ and statement of claim dated Sept 5 by its former chief financial officer Ang Lay Chieng.

Business 18 Mar 2015 | 12:00 AM

Saga heats up

PETALING JAYA: Drama continues to unfold at Tanjung Offshore Bhd with a group of minority shareholders, who collectively own a 6% share, filing a police report alleging irregularities in the company’s Birmingham property deal.

Property 26 Mar 2015 | 12:00 AM

Suits withdrawn by parties

PETALING JAYA: Oil and gas services provider Tanjung Offshore Bhd has withdrawn its civil suit against director Tan Sri Tan Kean Soon (pic) and five others, while Kean Soon has dropped a suit against several directors and officials of the company.

Corporate News 15 Aug 2016 | 12:54 AM

Trading ideas: UEM Edgenta, SMTrack, Petronas Gas, Guan Chong

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.

Corporate News 15 Apr 2017 | 1:14 PM

Soros sued by fellow billionaire in $10b mine brawl

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.

Corporate News 17 Jun 2017 | 11:12 AM

China dials-up legal pressure on exiled tycoon Guo

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.