Troubled Malaysian state fund 1MDB has sued Petrosaudi International Ltd.’s executive Patrick Mahony for US$1.83 billion over a 2009 joint venture with the oil exploration firm. 1MDB, in its statement …
Russia’s government declared the situation in flood-hit areas in the Orenburg region a federal emergency on Sunday, with preparations for possible flooding underway in three other regions, state media reported. …
Their actions have forced major shipping lines, including Danish shipping giant Maersk, Chinese state-owned shipping company Cosco and energy giant BP, to stop using the Suez Canal and Red Sea …