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Goldman Sachs attempted to cover up sexual misconduct, lawsuit claims
NEW YORK: Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed.
Insight - Zero hour is coming for emissions. Believe it
IT’S only natural to be sceptical when a political leader stands up and makes a promise about a target that’s far off, hard to achieve, and lacks a clear pathway
Amazon wins arbitration order against Future's deal with Reliance
NEW DELHI/MUMBAI: A Singapore arbitration panel has put on hold Future Group's $3.38 billion asset sale to Reliance Industries Ltd, an interim win for Amazon.com Inc, which had alleged the deal between the Indian firms breached existing agreements.
US airlines suffering from business class blues
New York: The Covid-19 pandemic has ushered in the era of video meetings. But can Zoom really replace in-person meetings that require business executives to travel?
Brexit trade windfall has to wait
LONDON: The UK government has celebrated its trade agreement with Japan, lauding the ability to strike its own deals as a key dividends of Brexit. But the accord largely preserves the status quo, and will bring only a limited effect to Britain’s economy.
China’s securities regulator pledges further capital market opening
SHANGHAI: China will push its capital market to open wider to the world, shifting from being partially open to full-scale and institutional opening-up, an official with the country’s top securities regulator said here on Saturday.
Star Exclusive - Possible state of emergency ahead of Budget 2021
The Perikatan Nasional government’s rumoured plan appears to be a strategy to buy time to pass Budget and defuse political squabbles
No forced labour issue here, say companies
PETALING JAYA: Issues over incidences of forced labour in the country have already been dealt with, either through government policies or through individual company proactive initiatives.
Insight - US banks face regulatory exposure over pandemic loans
WASHINGTON: Banks that facilitated the US government’s Paycheck Protection Programme (PPP) at first saw the effort as a small revenue booster with a patriotic bonus, shepherding US$525bil in loans to businesses slammed by the fallout of the Covid-19 pandemic.
Plan to cut tax loophole has real estate funds worried
COPENHAGEN: Real estate investors are trying to figure out how to block a proposal by Denmark to close a legal loophole through which they’ve enjoyed virtually unlimited tax deferrals on value gains.
