KUALA LUMPUR: US investment bank Goldman Sachs has reached a US$3.9 billion settlement with the Malaysian government over the multibillion-dollar 1MDB scandal, the two sides said on Friday (Jul 24). The deal includes a $2.5 billion cash payout by Goldman and a guarantee by the bank to return at least […]
Year: 2020
The 2020-21 English Premier League season will begin on Sept. 12 and the final round of matches will be held on May 23, the league announced on Friday. REUTERS: The 2020-21 English Premier League season will begin on Sept. 12 and the final round of matches will be held on […]
LONDON: The Bournemouth players and coaching staff face “the biggest game” of their careers on Sunday (Jul 24) as they battle to extend their surprising five-year stay in the Premier League, manager Eddie Howe says. Bournemouth were widely tipped to make an immediate return to the second-tier Championship in their […]
West Indies struck two early blows, including the run out of England captain Joe Root, in the opening session of the third and final test at Old Trafford to leave the hosts on 66 for two wickets at lunch on Friday. MANCHESTER, England: West Indies struck two early blows, including […]
NEW DELHI: The star-studded Indian Premier League cricket will start on Sep 19 in the United Arab Emirates, its chairman told AFP on Friday (Jul 24), adding that players may need to undergo quarantine. Although India’s cricket authorities are still awaiting government approval, Brijesh Patel said the world’s richest cricket […]
SEOUL: The South Korean government announced on Friday (Jul 24) it will begin allowing a limited number of fans back into baseball and football stadiums as soon as Sunday, under new rules aimed at preventing the spread of the coronavirus. Fans will be allowed to attend Korea Baseball Organization (KBO) […]
GENEVA: Regulators that normally work within their own countries or regions will likely harmonise efforts on potential COVID-19 vaccines to speed up their approvals once they become available, WHO chief scientist Soumya Swaminathan said on Friday (Jul 24). Swaminathan, answering questions on social media platforms, also said testing vaccines for […]
China has one of the world’s most restrictive mechanisms for online censorship, blocking certain Western websites and apps. HONG KONG: China’s Alibaba is seizing on a new business opportunity thrown up by COVID-19: Helping foreign universities skirt China’s stringent Internet controls to keep classes going for their mainland […]
LONDON: British Airways-owner International Airlines Group said on Friday (Jul 24) American Express would pay it 750 million pounds (US$955 million) to renew their partnership, providing a welcome boost to the airline’s finances at a time when it is burning through cash. Since lockdowns have eased, flying has restarted, but […]
SINGAPORE: A former deputy group director with the Land Transport Authority (LTA) was charged on Friday (Jul 24) with taking about S$1.24 million in bribes in the form of loans to advance contractors or subcontractors’ business interests with LTA. Henry Foo Yung Thye, 46, was charged with 36 offences, including […]