NEW YORK: US prosecutors overlooked apparent violations of US sanctions against Iran by HSBC Holdings in exchange for the British bank's cooperation with a government investigation of Huawei Technologies, lawyers for the Chinese telecoms giant said. "The government agreed to overlook HSBC's ...
NEW YORK: American retail giant Walmart did not have a merry Christmas as disappointing toy and clothing sales hit the chain's bottom line, the company announced on Tuesday (Feb 18). The global chain said it has not yet been able to estimate the financial impact of the new coronavirus...
SAN FRANCISCO: Facebook Inc is slated to begin a tax trial in a San Francisco court on Tuesday, as the Internal Revenue Service tries to convince a judge the world's largest social media company owes more than US$9 billion (6.9 billion pounds) linked to its decision to shift profits...
