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A government investigation uncovers corruption at recruitment centres in 11 regions with 112 criminal proceedings opened. Bribes averaged around US$6,000 for a medical certificate granting an exemption from military service.
2023-08-12

Nvidia announce that they are acquiring Arm Holdings, the market-dominant designer of smartphone processors, for US$40 billion in the semi-conductor industry's largest-ever deal.
2020-09-13

A US federal judge orders PricewaterhouseCoopers to pay US$625.3 million compensation to Federal Deposit Insurance Corp. The judge rules PwC negligently caused losses to F.D.I.C. by failing to uncover fraud during audits of Colonial BancGroup. Colonial, one the nation's 25 largest banks, and Taylor, Bean & Whitaker, the 12th-largest mortgage broker in the US, both collapsed in August 2009 as a result of fraud between the two. F.D.I.C. was the receiver for Colonial.
2018-07-2

The U.S. Government announces a 25% import tariff on US$50 billion of Chinese goods with "industrially significant technology". A full list of affected products will be published on June 15. Investment restrictions and enhanced export controls are to be announced on June 30.
2018-05-29

U.S. President Donald Trump imposes tariffs on US$60 billion of Chinese goods, while also limiting China's ability to invest in the U.S. technology industry.
2018-03-22

The largest U.S. broadcaster, iHeartMedia, owner of 850 radio stations, files for chapter 11 bankruptcy after accumulating US$20 billion in debt.
2018-03-15

"Salvator Mundi", a painting generally attributed to Leonardo da Vinci, is sold at auction Christie's in New York City for US$450.3 million; setting a new record for the sale of an original work of art.
2017-11-15

The parent company of Burger King announces plans to purchase Popeyes Louisiana Kitchen, operator of the Popeyes chicken restaurant chain in a US$1.8 billion deal.
2017-02-21

Indonesian authorities reveal that the crashed plane was transporting US$470,000 in cash for the poor.
2015-08-17

"Star Trek Into Darkness" earns an estimated US$70.6 million during its opening weekend in the US and Canada.
2013-05-19