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U.S. lawsuits link Malaysian leader to stolen money from 1MDB fund
July 21, 2016 by admin · Leave a Comment
By Rozanna Latiff and Joseph Sipalan KUALA LUMPUR (Reuters) – Malaysian Prime Minister Najib Razak said on Thursday judgment should be withheld until all the facts are known after the U.S. government filed lawsuits seeking to seize $1 billion in assets bought with money stolen from a state fund he oversaw. The U.S. Justice Department lawsuits filed in a federal court on Wednesday did not name Najib, instead referring to “Malaysian Official 1.”…
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U.S. lawsuits link Malaysian leader to stolen money from 1MDB fund
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Musk’s Tesla ‘master plan’ big on vision, short on details
July 21, 2016 by elegant · Leave a Comment
“The plan is like before – or like much of what Tesla does – long on exciting visions of the future and short on financial details,” Barclays Capital analyst Brian Johnson said in a note to clients. In a blog post titled “Master Plan, Part Deux”, Musk also restated his argument that Tesla should acquire solar panel installer SolarCity Corp .
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Musk’s Tesla ‘master plan’ big on vision, short on details
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SABMiller to scrutinize AB InBev mega-deal after regulator approval: chairman
July 21, 2016 by creative · Leave a Comment
By Freya Berry LONDON (Reuters) – The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. The takeover of the London-listed brewer has come under scrutiny in recent weeks as a drop in the British currency has reduced the relative attractiveness of the all-cash offer aimed at most SAB shareholders. A source familiar with the matter told Reuters on Wednesday that the company's board was weighing the…
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SABMiller to scrutinize AB InBev mega-deal after regulator approval: chairman