Showing 1-10 of 201 results
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Lloyds profits surge as bank builds on recovery
AFP, Published on 21/02/2018
» LONDON: Lloyds Banking Group on Wednesday said that its net profit soared 52% last year, when the UK lender returned fully to the private sector following a state bailout.
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'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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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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