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Business 24 Jul 2019 | 12:48 AM

Facebook pay US$5bil to US to settle allegations

WASHINGTON: The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay US$5 billion, two people briefed on the matter said.

Business 11 Jun 2019 | 12:00 AM

Co-operative Commission to investigate scam allegations

PETALING JAYA: The Malaysia Co-operative Societies Commission will investigate allegations that certain co-operatives are involved in a syndicated loan scam, falsifying payslips for civil servants and employees of government-linked companies.

Corporate News 12 Jul 2018 | 12:00 AM

FGV denies allegations by Anak on corporate exercise

KUALA LUMPUR: FGV Holdings Bhd has refuted allegations by Anak, a non-governmental organisation (NGO) representing Felda settlers, concerning a corporate exercise leading to its listing in 2012.

Corporate News 22 Oct 2017 | 10:51 PM

Sexual harassment allegations spark review, meeting at Fidelity Investments(Update)

NEW YORK: Fidelity Investments has hired a consulting firm to review employee behavior amid allegations of sexual harassment at the U.S. money manager stretching back years, the Wall Street Journal reported on Sunday

Business 27 Aug 2006 | 12:00 AM

Coke, Pepsi doing little to confront pesticide allegations in India

NEW DELHI, India (AP): When it comes to managing brands, Coca Cola Co. and PepsiCo Inc. are rated among the best in the world. But three weeks after allegations erupted in India that their drinks contain pesticide residues, the companies have done little to address the issue, apparently hoping it will blow over.

Business 20 Mar 2013 | 12:00 AM

Microsoft backs review of foreign bribery allegations

SEATTLE: Microsoft Corp said on Tuesday that allegations of potential bribery by employees in China, Romania and Italy should be reviewed by U.S. agencies and its own compliance unit, but declined to address the specifics of any cases.

Corporate News 10 Sep 2018 | 1:41 AM

CBS CEO Moonves resigns amid new allegations of sexual misconduct

NEW YORK: Leslie Moonves, the top executive at CBS Corp since 2006 and a major figure at the broadcast network and media company for more than two decades, resigned on Sunday amid a new wave of allegations against him of sexual assault and harassment.

Corporate News 20 Jun 2018 | 12:00 AM

AirAsia Group refutes allegations against Fernandes

PETALING JAYA: AirAsia Group Bhd (AAGB) has refuted allegations contained in a report to India’s Central Bureau of Investigation (CBI) against the group, its group CEO Tan Sri Tony Fernandes and deputy group CEO Bo Lingam.

Business 08 Mar 2018 | 12:00 AM

EPF refutes fraudulent withdrawal allegations

PETALING JAYA: The Employees Provident Fund (EPF) has refuted allegations “by irresponsible parties” that it is party to any fraudulent withdrawals.

Corporate News 14 Oct 2016 | 2:38 PM

TH Plantations denies NGOs’ allegations

KUALA LUMPUR: TH Plantations Bhd has denied allegations by non-governmental organisations (NGOs), particularly Greenpeace International, that it was among others involved in illegal clearing of primary forests.