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WASHINGTON/SEATTLE/CHICAGO: Boeing Co will pay over US$2.5 billion to resolve a U.S. investigation into criminal conspiracy charges related to two deadly 737 MAX crashes that killed 346 people, the Justice Department said, but the plane maker will not be required to plead guilty.
NEW YORK: A lawyer for a former Goldman Sachs banker charged with involvement in the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund accused U.S. prosecutors on Thursday of withholding evidence that could show his client's innocence.
NEW YORK: Goldman Sachs has failed to persuade former president Gary Cohn to return over $10 million he received in pay, as part of the bank's effort to reclaim executive compensation over the 1MDB scandal, Bloomberg News reported on Wednesday
PETALING JAYA: Boustead Holdings Bhd has reaffirmed its commitment to uphold integrity and anti-corruption practices, less than a week after its subsidiary lodged a report to the Malaysian Anti-Corruption Commission (MACC) on possible irregularities in a RM9bil project undertaken by its associate company.
PARIS: Airbus has found buyers for six aircraft from the A320neo family rejected by one of its main customers, Malaysia's AirAsia, as it works off a surplus left by the coronavirus crisis, industry sources said.
SEOUL: Shares in Samsung Electronics Co Ltd and affiliates rose on Monday after the death a day earlier of Chairman Lee Kun-hee sparked hopes for restructuring and stake sales, analysts said.
SEOUL: Lee Kun-hee, the charismatic leader of Samsung Group, South Korea’s biggest conglomerate, died on Sunday, the company said, six years he was hospitalised for a heart attack.
KUALA LUMPUR/WASHINGTON: Goldman Sachs Group Inc on Thursday reached a deal to settle a probe into the bank's role in Malaysia's 1MDB corruption scandal, which included total penalties of US$2.9 billion.
LONDON: British regulators fined Goldman Sachs International 96.6 million pounds ($126 million) on Thursday as part of global action that will see the U.S. bank pay nearly $3 billion to settle a probe into its role in Malaysia's 1MDB corruption scandal.
HONG KONG: Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's 1MDB scandal, the largest single fine ever levied by the regulator in the Asian financial hub.