SINGAPORE: Two company directors have been sentenced to jail for omitting more than S$600,000 in bonuses from their income tax returns, the Inland Revenue Authority of Singapore (IRAS) said in a news release on Friday (Oct 11). Koh Kok Huat, 68, and Adrian Yeo, 39, directors of both Foster Asia ......
CHICAGO: United Airlines Holdings said on Friday (Oct 11) it is extending cancellations of Boeing 737 MAX flights until Jan 6, as regulators continue to extensively review proposed software changes to the grounded plane. The company said it expects to cancel more than 8,000 flights for October ...
REUTERS: General Motors Co took the unusual step of appealing directly to employees in a blog post on Friday that laid out the terms of its latest offer aimed at ending a month-long strike. While emphasizing GM's commitment to the collective bargaining process, the letter, signed by Executive Vice...
Tycoon brothers Shivinder and Malvinder Singh appeared in court Friday accused of siphoning off hundreds of millions of dollars in the latest episode of a crumbling business dynasty.
Royal Air Maroc (RAM) has not canceled orders for the Boeing 737 MAX, the Moroccan national carrier said on Friday, following conflicting remarks about the fate of two jets.
TOKYO: Shares of Japan's Seven & I Holdings rose nearly 6 per cent on Friday (Oct 11) after the retail group said it will shut or relocate nearly 1,000 7-Eleven convenience stores and cut about 3,000 jobs as part of a group-wide restructuring. The company said it will also lower...
American Airlines Group Inc and Brazil's Gol Linhas Aereas Inteligentes SA are negotiating a "partnership" that could "integrate flights between the two airlines in Latin America," a newspaper reported on Friday.
U.S. stock index futures rose strongly on Friday, as hopes grew for a partial trade deal and a delay in scheduled U.S. tariff increases, as top negotiators from the United States and China geared up to meet for a second day of talks.
China's securities regulator has set a timetable to remove foreign ownership limits in finance companies next year, as Beijing seeks to attract overseas investment to boost a slowing economy.
REUTERS: An ongoing workers' strike at General Motors Co could cost the automaker about US$1.5 billion, brokerage Credit Suisse said on Friday, throwing the U.S. automaker's cost reduction plans off the track and forcing key suppliers to cut their 2019 outlook. The brokerage has assumed the ...
