October 17, 2019

‘Panama Papers’ law firm sues Netflix over film based on scandal

Mossack Fonseca, a Panamanian law firm at the center of the “Panama Papers” scandal, has filed a lawsuit against Netflix Inc over its new movie based […]
October 17, 2019

Drug firms offer to settle U.S. opioid suits with $50 billion package – sources

Five drugmakers and distributors are offering $22 billion in cash as well as drugs and services they value at $28 billion to resolve lawsuits alleging the […]
October 17, 2019

Exclusive: WeWork owner creates committee to decide on financing lifeline – sources

WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group […]
October 17, 2019

South Korea’s top court upholds suspension of Asiana Airlines’ San Francisco route for 45 days

South Korea’s Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines’ Incheon- San Francisco route for 45 days. Powered by WPeMatico
October 16, 2019

SEC freezes assets of 18 traders over alleged manipulation

U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily China-based, over an international market manipulation scheme that has […]
October 16, 2019

U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin

U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign next month, U.S. Treasury Secretary […]
October 16, 2019

Southeast Asia’s mobile payments face shakeout as market booms

Just next to Ho Chi Minh City’s financial district, two dozen street vendors’ stalls display colorful adverts for e-wallets backed by private equity firm Warburg Pincus, […]
October 16, 2019

Mexican billionaire Slim vows to invest in Mexico, touting economic prospects

Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to $5 billion in Mexican infrastructure during the current administration as he delivered […]
October 16, 2019

IBM quarterly revenue misses, shares fall

International Business Machines Corp missed analysts’ estimates for third-quarter revenue on Wednesday, overshadowing a profit beat and sending its shares down 3% in extended trading. Powered […]
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