US property trust Vornado challenges Arcadia’s restructuring plan

FILE PHOTO: CEO of Arcadia Group Ian Grabiner arrives at County Hall in central London, Britain June 5, 2019. REUTERS/Henry Nicholls/File Photo Philip Green’s fashion empire Arcadia Group on Tuesday…

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US slaps sanctions on son of Venezuelan leader Maduro

WASHINGTON: The United States on Friday (Jun 28) imposed sanctions on the son of Venezuelan President Nicolas Maduro for serving in his father’s “illegitimate regime.” “Maduro relies on his son…

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US raises travel advisory level for Hong Kong

HONG KONG: The United States raised its travel advisory level for Hong Kong due to what it termed as “civil unrest” after months of street protests that turned violent at…

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US Senate panel backs Saudi sanctions measure

WASHINGTON: The US Senate Foreign Relations Committee on Thursday (Jul 25) backed legislation that would impose some sanctions on the Saudi royal family and block some weapons sales, pushing back…

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US regulators approve US$5 billion Facebook settlement over privacy issues: source

REUTERS: The U.S. Federal Trade Commission approved a roughly US$5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a…

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US regulator bars airlines from flying over some Iran-controlled airspace

NEW YORK: The US Federal Aviation Administration on Thursday (Jun 20) issued an emergency order prohibiting US operators from flying in an overwater area of Tehran-controlled airspace over the Strait…

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US reviewing requests to export to Huawei with ‘highest scrutiny’: Commerce Dept

WASHINGTON: The U.S. government said on Wednesday it was reviewing licence requests from U.S. companies seeking to export products to China’s Huawei Technologies Co Ltd “under the highest national security…

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US seeks extradition of North Korean from Malaysia

KUALA LUMPUR: The US is seeking the extradition of a North Korean man from Malaysia for alleged involvement in money-laundering in breach of sanctions against Pyongyang, a Kuala Lumpur court…

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US SEC fines World Acceptance Corp US$21.7 million for Mexican bribes

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst/File Photo The U.S. Securities and Exchange…

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US Senate to vote this week on ‘skinny’ pandemic relief Bill, paycheck protection funds

WASHINGTON: The US Senate will vote on Wednesday (Oct 21) on a US$300 billion Senate Republican COVID-19 relief Bill that is far below the estimated US$2 trillion that Democrats have…

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