Rupert Stadler, former chief executive of Audi arrived in court in Munich on Wednesday to face fraud charges as part of Volkswagen's emissions cheating scandal, which was uncovered by United States regulators five years ago.
SINGAPORE: Some contractors, tenants and landlords affected by contractual delays or breaches due to the coronavirus situation can now apply for relief, as amendments to the COVID-19 (Temporary Measures) Act came into force on Wednesday (Sep 30). The amendments enhance a legal mechanism – known ...
FINTECH startup SOCASH has announced a partnership with OCBC to provide the bank's customers with more cash withdrawal points.
Japan's Rakuten Inc launched low price 5G services via its cloud-based mobile network on Wednesday in a challenge to rival carriers under fire for high prices that could shake up the telecoms industry globally.
GIC and Massachusetts Mutual Life Insurance Company (MassMutual) will increase their shareholding in the UK's largest specialist annuity provider Rothesay Life, by acquiring a 36 per cent interest from Blackstone.
HONG KONG/BEIJING: Chinese online education startup Zuoyebang has started a new fundraising drive at a valuation of US$10 billion, said two people with direct knowledge of the matter, as investor appetite for the sector continues to surge amid the COVID-19 pandemic. The company aims to raise ...
Australia's corporate regulator said on Wednesday it started civil court proceedings against units of Allianz SE for misleading consumers through the sale of travel insurance products on websites run by Expedia .
Federal Aviation Administration (FAA) Chief Steve Dickson is due to conduct a two-hour evaluation flight at the controls of a Boeing 737 MAX on Wednesday, a key milestone for the jet to win approval to resume flying after two fatal crashes.
Lawyers for Huawei Chief Financial Officer Meng Wanzhou will have a chance on Wednesday to respond to arguments made by the Canadian government, as Huawei pushes to add an allegation of abuse of process to block her extradition to the United States.
William Hill said on Wednesday it had agreed to be acquired by Caesars Entertainment , which has valued the British bookmaker at 2.9 billion pounds (US$3.72 billion), and would give the U.S. casino operator full control of a quickly expanding U.S. sports-betting and online business.
