Showing 1 - 10 of 200
'We were duped' by studios, says Hollywood actor union president
AFP, Published on 14/07/2023
» LOS ANGELES - Hollywood actors were "duped" into extending negotiations for two weeks by studios who wanted more time to promote their summer blockbuster movies, union president Fran Drescher told AFP on Thursday.
UK water crisis pollutes privatisation legacy
AFP, Published on 11/07/2023
» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.
Australian casino group fined US$290m for lax controls
AFP, Published on 31/05/2023
» SYDNEY: Australia's Crown Resorts is set to pay a civil penalty of A$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases.
Lawsuits pile up over Credit Suisse bonds write-down
AFP, Published on 24/05/2023
» ZURICH: Switzerland's justice authorities said Tuesday that 230 complaints had been filed over a decision by financial regulators to cut the value of high-risk Credit Suisse bonds to zero, to facilitate the stricken bank's takeover by UBS.
Meta hit with record 1.2-billion-euro fine over EU data rules
AFP, Published on 22/05/2023
» DUBLIN: Facebook owner Meta has been fined a record 1.2 billion euros ($1.3 billion) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday.
Luxury brands court Middle East with Ramadan collections
AFP, Published on 14/04/2023
» PARIS - With flowing kaftans, fluid separates and glamorous maxi dresses, Western luxury fashion brands are increasingly targeting the monied Middle Eastern market with Ramadan capsule collections.
Indian Adani empire strikes back after fraud report
AFP, Published on 30/01/2023
» MUMBAI - Stocks in several of Gautam Adani's companies clawed back on Monday some of last week's heavy losses that wiped out almost $45 billion from the Indian tycoon's vast business empire.
Jury hears Musk told 'lies' that cost Tesla investors millions
AFP, Published on 19/01/2023
» SAN FRANCISCO: A lawyer for angry Tesla investors told a California courtroom on Wednesday that CEO Elon Musk "lied" about having funding in place to take the company private, costing his clients millions of dollars.
China's Tencent fires more than 100 for fraud, embezzlement
AFP, Published on 16/01/2023
» BEIJING: Chinese tech giant Tencent said Monday it had fired more than a hundred employees for violating company policies, with some referred to police and later found guilty of bribery and embezzlement.
Ex-Wirecard CEO goes on trial over 'unparalleled' fraud
AFP, Published on 05/12/2022
» FRANKFURT, Germany: Ex-Wirecard CEO Markus Braun goes on trial in Munich this week for his role in the collapse of the once-celebrated payments firm, brought down by the biggest accounting fraud scandal in German corporate history.