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US seeks to seize $1bn in telecom probe

The US intervention could help speed up probe of alleged corruption by three global telecom companies and parties close to daughter of Uzbekistan president

Alphabet conglomerate astute, if unfashionable

Google’s headquarters in Mountain View, California. Picture: BLOOMBERG/DAVID PAUL MORRIS

Only governance renegades would invent such a structure, while shareholders appear to trust the result, writes John Gapper

Banks to pay $2bn to settle forex rigging suit

Picture: THINKSTOCK

Lawyers representing investors say plaintiffs have ‘reached settlements totalling more than $2bn’ with nine major banks accused of foreign-exchange rigging

US-China air pact talks hit turbulence

A China Southern Boeing 787 taxis at San Francisco International Airport. US airlines are said to be the ones resisting an easing of flight restrictions between the US and China.  Picture: REUTERS

Countries must meet soaring demand — 1.2-billion passengers to the US by 2034— from the increasingly affluent Chinese population as Washington calls for greater transparency in airport slot allocation

Havana good times will come — but at what price?

The old-world appeal of Cuba is about to change forever. Picture: ISTOCK

Richard Quest wants to know whether Cuba will preserve its history or cave in to developers’ dollars


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