Once hailed as a symbol of Malaysia’s global industrial ambition, KNM Group Berhad, a process engineering firm, is now facing…
Month: May 2025
Four Former Volkswagen Executives Convicted in Dieselgate Emissions Scandal
BERLIN, 26 May 2025 – A German court has found four former Volkswagen executives guilty of their roles in the…
EU Warns Shein of Possible Fines Over Consumer Protection Violations
BRUSSELS —The European Union has issued a stern warning to fast-fashion giant Shein, urging the Chinese e-commerce platform to comply…
UK Serious Fraud Office Probes Malaysian Tycoon’s Firm for Alleged Money Laundering?
London, 26 May 2025 — The United Kingdom’s Serious Fraud Office (SFO) is believed to have launched an investigation into…
EU to Fast-Track Trade Talks After Trump’s Tariff Threat
BRUSSELS, 26 May 2025 — European Commission President Ursula von der Leyen has pledged to accelerate trade negotiations with the…
UK’s Serious Fraud Office Launches Multi-Million Pound Bribery Probe into Microsoft Data Centre Project
LONDON — The UK Serious Fraud Office (SFO) has launched a major international bribery investigation targeting construction contracts linked to…
TotalEnergies Halts Further Investment in Adani Amid U.S. Corruption Charges
PARIS — TotalEnergies has suspended all new financial contributions to its ventures with India’s Adani Group after U.S. prosecutors indicted…
TotalEnergies CEO Defends East Africa Projects Amid Abuse Allegations
PARIS — TotalEnergies CEO Patrick Pouyanné has publicly defended the French energy giant’s operations in East Africa, following renewed scrutiny…
RedBird Capital-Led Consortium Strikes £500 Million Deal to Acquire The Telegraph
LONDON, 24 May 2025 — A consortium led by U.S. private equity firm RedBird Capital Partners has reached an agreement…
UK Retailer Halts Labubu Toy Sales Amid Safety Concerns and Violence
LONDON, 24 May 2025 — A leading UK retailer has suspended in-store sales of the popular Labubu toy amid growing…