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Business 15 Jul 2007 | 12:00 AM

US supplements maker under heavy scrutiny

PROVO, Utah (AP): Dietary supplement maker Nature's Sunshine Products Inc. is coming under increasing scrutiny by federal regulators for auditing omissions, income tax returns and its foreign operations _ troubles that could threaten its stock-trading privileges.

Business 23 Jun 2006 | 12:00 AM

Britain and US probe price fixing by airlines

US and UK authorities have launched an investigation into alleged cartel activity over passenger ticket pricing by British Airways and other airlines, BA said yesterday.

Business 24 Apr 2006 | 12:00 AM

YGL buys HK-based IT company for RM400,000

YGL Convergence Bhd has bought 100% of SCS Information Technology (HK) Ltd (SCSHK) from Singapore Computer Systems Ltd (SCS) for about RM400,000.

Business 20 Jan 2006 | 12:00 AM

Google clashes with US government

SAN FRANCISCO: Google Inc. is rebuffing the Bush administration's demand for a peek at what millions of people have been looking up on the Internet's leading search engine - a request that underscores the potential for online databases to become tools of the government

Business 01 Dec 2005 | 12:00 AM

De Beers to pay US$250m to settle accusations of overcharging

LONDON: De Beers SA, the world's largest producer of diamonds, Wednesday said it has agreed to pay $250 million (euro212 million) to settle four U.S. class-action lawsuits that accused it of overcharging.

Business 19 Nov 2005 | 12:00 AM

SBC completes purchase of AT&T in US$16b deal

NEW YORK: SBC Communications Inc. completed its purchase of former parent ATT Corp. on Friday after California officials removed the final regulatory hurdle for the $16 billion (euro13.7 billion) deal.

Business 08 Sep 2005 | 12:00 AM

Bank of China says no comment on report of alleged illicit financial links to North Korea

The Bank of China declined to comment Thursday on a report it is being investigated by U.S. authorities for alleged connections to an illicit North Korean network believed to raise funds for Pyongyang's nuclear programme.

Business 12 Jul 2005 | 12:00 AM

US Governments wants information on US3.4b Adobe acquisition

Government antitrust regulators are seeking more information about the pending $3.4 billion (euro2.83 billion) acquisition of Macromedia Inc. by Adobe Systems Inc. before allowing the deal to go through, the companies said.

Business 11 Feb 2005 | 12:00 AM

AIG earnings beat forecasts despite catastrophe losses

Insurance giant American International Group (AIG) has reported an 11.5% increase in fourth-quarter earnings as strong premium growth offset heavy storm losses and a settlement with federal regulators.

Business 13 Jul 2004 | 12:00 AM

Foreign business news in brief

News briefs, including from Sydney that Media group Seven Network Ltd said its Pacific Publications unit has bought Murdoch Magazines for A$77mil, expanding its push into the lifestyle and fashion magazine segment.