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Tag Archives: million

Vietnam demands $159 million tax on Big C deal: report

More than a month after France’s Casino Group completed the US$ 1.04 billion sale of supermarket chain Big C Vietnam to Thailand’s Central Group, the Vietnamese tax authority has reportedly grown impatient with the late tax payment on the record deal. In a recent letter to the companies, the General ...

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Vinamilk acquires US dairy company in $10 million investment

Vinamilk, Vietnam’s biggest dairy company, has taken over California-based Driftwood Dairy Holding Corporation after buying the company’s remaining stake of 30 percent for US$ 3 million, according to a press release on Monday. The acquisition came more than two years after the giant bought a stake of 70 percent in ...

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Takata Airbag Recall Is Said to Grow by 35 Million

Regulators are expected to announce as early as Wednesday that at least 35 million additional airbags made by Takata will need to be fixed, according to a person briefed on the matter. This would more than double what is already the largest automotive recall in American history. The airbags can ...

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Hackers’ $81 Million Sneak Attack on World Banking

Tens of millions of dollars siphoned from the Federal Reserve Bank of New York. A shadowy set of casinos in the Philippines. A large bank in Bangladesh with creaky technology. An unknown — and perhaps uncatchable — group of anonymous thieves with sophisticated hacking skills. What unites this curious cast ...

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Fossil of ‘early spider’ discovered; 305 million years old

A team of researchers has discovered the fossil of a 305-million-year-old arachnid, which will help scientists to understand more about the early origins of modern-day spiders. The new species, named Idmonarachne brasieri in honour of Professor Martin Brasier, University of Oxford, who passed away in December 2014, was found in ...

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Vietnam's textile exporter raises nearly $6.9 million in IPO

State-controlled Gia Dinh Textile and Garment Company has sold more than 15 million shares, equivalent to a stake 24.28 percent, for over VND155.8 billion (US$ 6.89 million) in an initial public offering. No foreign investors bid in the IPO that was oversubscribed nearly three times at Ho Chi Minh City ...

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