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Moscow: Russian oil giant Rosneft, run by a close ally of president Vladimir Putin, is wielding growing influence over Russia’s remaining independent media outlets, already squeezed by tightening press freedoms and pressure from the Kremlin.
SYDNEY: Australia's IOOF Holdings Ltd on Monday said a class-action lawsuit brought by shareholders last year alleging the wealth manager breached disclosure obligations will be discontinued with no payments to the plaintiffs.
SINGAPORE: Carlyle Group Inc and Singapore sovereign-wealth fund GIC Pte are using fake excuses to renege on buying a 20% stake in American Express Global Business Travel, according to a lawsuit unsealed in the US.
ELON Musk lashed out at the California county blocking Tesla Inc. from reopening its only U.S. car plant, threatening to immediately relocate operations to other states and cease manufacturing at the factory.
TO be frank, it doesn’t even matter whether SoftBank Group Corp was right, morally or legally, to walk away from its deal to double down on a stake in The We Co
NEW YORK: Shares of Tesla Inc tumbled 9% on Friday after Chief Executive Officer Elon Musk tweeted that the electric carmaker's high-flying stock was overly expensive.
KUALA LUMPUR: Stocks to watch on Tuesday include Parkson Holdings Bhd, AirAsia Group Bhd, Affin Bank Bhd, Sapura Energy Bhd and Plenitude Bhd, according to JF Apex Research.
CHICAGO: A Kuwaiti aviation leasing company sued Boeing Co for the return of US$336mil that it paid in advance for 40 of the still-grounded 737 Max planes
ATLANTA: Governors of about half a dozen U.S. states pushed ahead on Tuesday with plans to partially reopen for business despite warnings by some health officials that doing so prematurely could trigger a surge of coronavirus cases.
BRUSSELS: Malaysia no longer plans to file a WTO lawsuit against EU restrictions on palm oil-based biofuel and will instead seek to convince European to change its treatment of the crop in a review scheduled for 2021.