Million
Food Empire to invest US$80 million in new coffee manufacturing facility in Vietnam
[ad_1] FOOD and beverage company Food Empire is investing US$80 million in a new freeze-dried soluble coffee manufacturing facility in Vietnam.Located in Binh Dinh province in central Vietnam, the facility...
UK to provide £500 million for Tata’s Port Talbot steel plant
[ad_1] The steelmaker’s British operations are struggling to make a profit amid weak sales in Europe and competition from Asian importsTHE UK government is set to confirm a £500 million...
Sean “Diddy” Combs Ordered to Pay More Than $100 Million in Sexual Assault Case – E! Online
[ad_1] Diddy’s Attorney Speaks OutThe day after HSI executed the search warrants at Combs' L.A. and Miami properties, his lawyer spoke out. "Yesterday, there was a gross overuse of military-level force...
Del Monte widens Q1 loss to US$34.2 million on US unit’s weaker performance and higher interest expense
[ad_1] CANNED-FOOD brand Del Monte Pacific on Tuesday (Sep 10) posted a net loss of US$34.2 million for the first fiscal quarter ended July, widening from its net loss of...
BYD lifts annual sales target to four million EVs, plug-in hybrids
[ad_1] CHINESE electric-vehicle (EV) maker BYD has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles.The Shenzhen-based EV giant has lifted its annual target...
CSE Global agrees to US$8 million settlement with customer of subsidiary
[ad_1] The settlement is expected to have a material adverse impact on the financial position of the companyTechnology solutions provider CSE Global has agreed to a US$8 million settlement payment...
Wynn Resorts forfeits US$130 million tied to unlicensed transfers
[ad_1] Wynn Resorts agreed to forfeit US$130.1 million in a settlement that avoided criminal prosecution in the US over unregistered money transfers by casino patrons.Beginning in 2014, Wynn allowed money...
UOB prices £750 million in floating rate covered bonds
[ad_1] UOB on Friday (Sep 6) said it priced £750 million (S$1.3 billion) of floating rate covered bonds due 2027, under the bank’s US$15 billion global covered bond programme. The bonds...
Online fraudster on the loose after bilking investors out of millions with fake inventions, websites
[ad_1] Online, the deeds and ingenuity of Dennis Fountaine had no bounds.One website listed the 67-year-old as a “technologist and entrepreneurial inventor” who has been “conceptualizing, researching, developing and licensing...
Robinhood reaches US$3.9 million settlement with California over crypto withdrawals
[ad_1] A CRYPTOCURRENCY platform run by Robinhood Markets will pay US$3.9 million for failing to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said...