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Nation 09 Jun 2021 | 7:00 AM

1MDB sues Riza Aziz, Hollywood studio for RM1bil

KUALA LUMPUR: Hollywood producer Riza Aziz Abdul Aziz has been sued by the 1Malaysia Develop­­ment Bhd (1MDB) and its three subsidiaries for allegedly misappropriating US$250mil (RM1.03bil) which was said to have been used for real estate purchases and financing movie productions.

Business 08 Apr 2021 | 7:00 AM

Brazil’s Lab Network to raise US$590mil in offering

BRASILIA: Diagnosticos da America SA, a healthcare firm owned by Brazil’s billionaire Bueno family, is poised to raise at least 3.3 billion reais (US$590mil or RM2.43bil) in a share sale.

World 27 Mar 2021 | 10:23 PM

Convoy of fleeing civilians ambushed in besieged Mozambique town

MAPUTO (Reuters) - Suspected Islamist insurgents attacked a convoy of fleeing civilians, including foreign workers, as fighting continued on Friday in a northern Mozambique town that is near a number of gas projects, security and diplomatic sources said.