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HONG KONG: Hong Kong businessman Richard Li, the youngest son of Asia’s richest man, will appoint a former top executive of AIA Group Ltd as the chief executive officer of his new insurance company, according to people with direct knowledge of the move.
PCCW chairman Richard Li has paid HK$198mil (US$25.3mil) to raise his stake in the company after shareholders of his Singapore-listed holding firm rejected the sale of its controlling stake in Hong Kong's dominant fixed-line phone firm.
PROVIDENCE, Rhode Island: Reality TV star Richard Hatch appeared in federal court Wednesday to face new accusations that he failed to refile his 2000 and 2001 tax returns, which would violate the terms of the supervised release he received following a tax evasion conviction.
EVERETT, Washington (AP) - Virgin Group Chairman Richard Branson cavorted with bikini-clad cabin crew attendants amid fake palm trees as he accepted a new Boeing 777 at the factory in Everett, Washington. But Branson also had harsh words for Boeing.
The company operating AirAsia X, Malaysia's first long-haul budget airline, could sign a deal as early as next month to sell a 20 percent stake to Virgin Atlantic's chairman, Sir Richard Branson, for US$6.9 million (euro5.1 million), industry officials said Monday.