Malaysia 1MDB scandal: ex-PM Najib Razak files bid to serve remaining jail term under house arrest
The decision was made by then-king Sultan Abdullah Ahmad Shah on January 29, a day before his last day in office.
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The decision was made by then-king Sultan Abdullah Ahmad Shah on January 29, a day before his last day in office.
Reinsurance company Swiss Re said on Wednesday it would appoint its corporate solutions boss Andreas Berger as its group chief executive from July, replacing long-serving CEO Christian Mumenthaler.
Swiss prosecutors said the PetroSaudi managers were indicted on charges of commercial fraud, aggravated criminal mismanagement and aggravated money laundering, based on events that took place over at least six years.
GENEVA (AP) — Two managers of a Saudi oil exploration company went on trial in Switzerland on Tuesday for alleged fraud and money laundering over a scandal years ago linked to a Malaysian sovereign wealth fund that the U.S. Justice Department once described as the “biggest kleptocracy case” ever.
Singapore, Denmark and U.S. are the best places in the world to conduct business, according to the Economist Intelligence Unit business environment ranking.
Smog-ridden cities in Bangladesh, Pakistan and India had the poorest air quality last year, says report.
Business: Switzerland-based Glencore PLC produces and markets a diverse range of metals and minerals, including copper, cobalt and zinc. It also markets aluminum/alumina and iron ore from third parties. The company is a producer and marketer of coal, with mines in Australia, Africa and South America. In addition, Glencore also markets crude oil, refined products and natural gas. The company physically sources commodities and products from its global supplier base, and it sells them to customers all over the world, transporting commodities by sea, rail and truck. Further, Glencore is involved in the recycling of copper and precious metals.
BEIJING (Reuters) -- Swiss agrichemicals and seeds group Syngenta on Friday withdrew its bid for a multi-billion dollar listing on the Shanghai Stock Exchange during a recent period of weakness in the Chinese equity market.