OVER 1,000 investors across Asia have come before the Singapore courts to sue a Singaporean whom they allege to be the mastermind of a ponzi oil investment scheme that defrauded thousands of investors of C$175 million (S$180 million).
SINGAPORE will soon calibrate its debt moratorium schemes, with the regulator looking to extend its programmes to certain borrowers beyond Dec 31 this year, while also ensuring that those with the ability to pay should begin repayment before the moratoriums expire, The Business Times understands.
Tesla Inc Chief Executive Officer Elon Musk plans to list SpaceX's space internet venture, Starlink, several years in the future when revenue growth is smooth and predictable.
Fiat Chrysler will US$9.5 million civil penalty to settle allegations it misled investors by not disclosing that it conducted only a limited internal review on its compliance with emissions regulations and that government engineers were concerned about emissions from some of its diesel vehicles ...
JPMorgan Chase & Co told thousands of workers across its consumer unit that they could plan to work from home until next year, Bloomberg News reported on Monday, citing memos sent to the bank's staff.
The head of the Environmental Protection Agency (EPA) on Monday questioned California Governor Gavin Newsom's plan to require all new passenger vehicle sales in 2035 be zero-emission models, according to a letter seen by Reuters.
LVMH countersued Tiffany & Co on Monday, arguing the latter's financial mismanagement in the COVID-19 pandemic permits the French luxury goods giant to walk away from its US$16 billion acquisition of the iconic U.S. jeweler.
The Securities and Exchange Commission on Monday charged a former finance manager at Amazon.com Inc. and two of her family members with insider trading in advance of the company's earnings announcements between January 2016 and July 2018.
A federal judge in California on Monday urged Apple Inc and "Fortnite" creator Epic Games to take their antitrust dispute before a jury, saying the higher courts would be less likely to overturn the result.
Alphabet Inc's Google on Monday sought to rebut criticism that it enforces its 30per cent tax on sales of paid apps arbitrarily, saying the just over 3per cent of paid apps that are out of compliance must follow the rules within a year.
