Showing 1-10 of 52 results
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Macau ponders future even as tourists and gamblers return
AFP, Published on 23/01/2023
» MACAU: Macau's streets were packed in the run-up to the Lunar New Year after pandemic controls were abruptly lifted but it is far from business as usual as the Chinese casino hub wrestles with questions about its future.
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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.
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Airbus pays 15.9m euros to close French corruption probe
AFP, Published on 01/12/2022
» PARIS: A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a corruption probe into aircraft deals in Libya and Kazakhstan between 2006 and 2011.
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Rolls-Royce champions energy transition at Farnborough
AFP, Published on 20/07/2022
» LONDON: British aircraft engine maker Rolls-Royce is "championing" the energy transition and the decarbonisation of aviation, its outgoing chief executive Warren East told AFP on Tuesday at the Farnborough airshow.
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Samsung commits $356bn in investments with 80,000 new jobs
AFP, Published on 24/05/2022
» SEOUL: Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.
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Samsung forecasts near-30% jump in Q3 operating profit
AFP, Published on 08/10/2021
» SEOUL - South Korean tech giant Samsung Electronics defied the global supply chain challenges to forecast a near-30% jump in third-quarter operating profits on Friday.
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US hands Swiss bank red card in FIFA bribe scandal
AFP, Published on 28/05/2021
» NEW YORK: Swiss Bank Julius Baer admitted it participated in money laundering of $36 million in bribes in the "FIFAgate" scandal over television broadcast rights, US officials announced on Thursday.
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Samsung Electronics forecasts 44.19% jump in Q1 operating profit
AFP, Published on 07/04/2021
» SEOUL: South Korean tech giant Samsung Electronics flagged a 44.19 percent rise in first quarter operating profit Wednesday, largely driven by robust sales of smartphones and the launch of its flagship Galaxy S21 series.
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Energy giant Eni offers to pay $14m to settle Congo graft inquiry
AFP, Published on 19/03/2021
» MILAN: Italian energy giant Eni said Thursday it had filed a request with a Milan court to pay 14 million dollars (11.8 million euros) to settle an investigation into corruption in Congo-Brazzaville levied at the company and one of its managers.
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Nigeria's Okonjo-Iweala set to be first woman named WTO boss
AFP, Published on 15/02/2021
» GENEVA - Nigeria's Ngozi Okonjo-Iweala looks set to be confirmed Monday as the first woman and first African leader of the beleaguered World Trade Organization, a near-paralysed institution desperately needing a kick-start.
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