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Posted on October 21, 2020

Berkshire to Pay $4.1 Million to Settle Allegations of Violating U.S. Sanctions on Iran — Update

The alleged activities began with Iscar Turkey starting a business relationship with an Iranian distributor in 2012, according to the agreement. Iscar Turkey's general manager at the time believed ... ( read original story ...)

Posted on October 21, 2020

Berkshire Hathaway will pay $4.1 million to settle allegations of Iran sanctions violations.

Berkshire Hathaway, the conglomerate owned by Warren Buffett, will pay $4.1 million to the Treasury Department to settle allegations that the company and one of its Turkish subsidiaries violated ... ( read original story ...)

Posted on October 21, 2020

Berkshire Hathaway Agrees to $4.1 Million Iran Sanctions Settlement

Berkshire Hathaway ( NYSE:BRK-A) ( NYSE:BRK-B) has agreed to pay $4.1 million to settle charges a Turkish subsidiary illegally did business with Iran between 2012 and 2016. The U.S. Treasury ... ( read original story ...)

Posted on October 21, 2020

The Company Giving Purpose to Vietnam’s Plastic Waste

A small business in Vietnam is taking plastic waste pollution and turning it into furniture ranging from elegant pieces of design to social housing. Plastic People was set up by Argentinian Nano ... ( read original story ...)

Posted on October 21, 2020

Japanese, Vietnamese firms envision growth opportunities as trade relations tighten

Japanese Prime Minister Yoshihide Suga’s choice of Vietnam as his first overseas destination after taking office shows that “Vietnam is one of the most important countries for Japan in the world,” ... ( read original story ...)

Posted on October 21, 2020

How e-commerce is transforming Indonesia’s retail landscape

Indonesia is the fastest growing internet economy in Southeast Asia, with e-commerce being the major contributor. Because of his work, Business Insider named Tokopedia CEO and cofounder William ... ( read original story ...)

Posted on October 21, 2020

Macau Casinos Seen Posting Combined $823 Million Quarterly Loss

Macau casino operators are expected to post a combined loss of more than $800 million in earnings before interest, tax, depreciation and amortization for the quarter ended Sept. 30, according to a ... ( read original story ...)

Posted on October 21, 2020

Macau 2020 visitor dip may be over 90pct y-o-y says official

Macau’s visitor tally for full-year 2020 could see “over 90 percent” decline year-on-year, but the city would not relax “too easily” its current entry restrictions facing tourists, due to public ... ( read original story ...)

Posted on October 21, 2020

Hong Kong banks told to report potential breaches of security law

Transactions that could violate Beijing-imposed law should be treated the same as if financing terrorism, says guidance ... ( read original story ...)

Posted on October 21, 2020

Taiwan says it won’t be intimidated by China’s ‘hooligan’ diplomats

Taiwan will not be intimidated by China's "hooligan" officials and will continue to celebrate its national day around the world, the government said on Tuesday, after Taiwan said Chinese diplomats had ... ( read original story ...)

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