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Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax - Vimarsana News

Hedge Fund Trader Sanjay Shah Loses Appeal Over Order to Pay $1 Billion in Tax

Sanjay Shah, a hedge-fund trader accused of masterminding a massive tax fraud, lost an appeal at a Dubai court over an order to pay the Danish authorities…

Source: biztoc.com
Micron, Probed by China, to Get $1.5 Billion Funds From Japan for Next-Gen Chips - Vimarsana News

Micron, Probed by China, to Get $1.5 Billion Funds From Japan for Next-Gen Chips

Micron Technology Inc. is poised to land about ¥200 billion ($1.5 billion) in financial incentives from the Japanese government to help it make…

Source: biztoc.com
Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm - Vimarsana News

Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm

Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off its $12 billion cloud business, kicking…

Source: biztoc.com
Wall Street Fears $1 Trillion Aftershock From Debt Deal - Vimarsana News

Wall Street Fears $1 Trillion Aftershock From Debt Deal

Looming behind market fears over the prospect of a historic US default is the less-discussed risk of what would follow a deal to resolve the debt-ceiling…

Source: biztoc.com
Applied Materials Sees Sales Drop as Chipmakers Pull Back Spending - Vimarsana News

Applied Materials Sees Sales Drop as Chipmakers Pull Back Spending

Applied Materials Inc. expects sales to decline in the current quarter as it grapples with a memory-chip slump, though the drop won’t be as sharp as some…

Source: biztoc.com