The billionaire hedge fund manager Thomas Sandell has paid US$105 million in back taxes and damages to settle charges he defrauded New York state and New York City out of taxes on a decade's worth of fees, officials said on Tuesday (Mar 2).
Boeing has raised concerns over the design of arch-rival Airbus' newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks.
TOKYO: Japanese billionaire Yusaku Maezawa on Wednesday (Mar 3) launched a search for eight people to join him as the first private passenger on a trip around the moon with Elon Musk's SpaceX. He had originally planned to invite artists for the week-long voyage slated for 2023. The rejigged ......
A group of state treasurers are pressuring Marathon Petroleum to end a lockout at a Minnesota refinery that has left 200 union members out of work for two months, according to a Tuesday letter the officials sent to the company.
The U.S. Commerce Department on Tuesday issued final anti-dumping duties on common alloy aluminum sheet from 16 of 18 countries investigated, including up to 242.8per cent on imports from Germany and 83per cent on imports from Bahrain.
Rio Tinto Ltd said on Wednesday Simon Thompson will step down as chairman next year after deciding not to seek re-election as a non-executive director at the miner's 2022 annual general meeting.
The fear and avoidance of phone conversations is common among those with social anxiety disorder, says a psychologist.
The Chinese Communist party system needs entrepreneurs but curtails anyone who becomes too powerful, says the Financial Times' Jamil Anderlini.
NASDAQ-LISTED Futu Holdings has set up its South-east Asia headquarters in Singapore, where the tech-oriented online broker will soon officially launch its services and use the city-state as a springboard into the region, founder, chairman and chief executive officer Leaf Hua Li says.
WHILE economic recovery from the Covid-19 crisis is gradually taking hold in Singapore, the lower-income group continues to fare poorly, both in terms of their earnings and savings, compared with other segments of society, showed a new report from Singapore's largest bank DBS.
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