BERLIN - IRISH low-cost airline Ryanair is to order or take firm options on up to 300 new aircraft from Boeing or Airbus by the end of the year, its boss Michael O'Leary said in an interview to be published on Monday.
NEW YORK - DISGRACED financier Bernard Madoff has been ordered to forfeit over US$170 billion (S$248 billion), prosecutors said on Friday.
US District Judge Denny Chin entered a preliminary order of forfeiture on Friday, according to Acting US Attorney Lev Dassin. The order forces Madoff to give up his interests in all property, including real estate, investments, cars and boats.
BEIJING - CHINA opposes protectionism and will not attempt to block overseas companies or foreign goods from the Chinese market, state media quoted Commerce Minister Chen Deming telling a South Korean official late on Friday.
Mr Chen said a recent instruction to state agencies to procure local products whenever possible for government-backed projects was not a protectionist measure, the official Xinhua agency said.
NEW YORK - DISGRACED financier Bernard Madoff should receive a 150-year sentence for orchestrating perhaps the largest financial swindle in history, federal prosecutors said in court papers on Friday.
'The sheer scale of the fraud calls for severe punishment,' the prosecutors wrote in response to a defense motion seeking lighter punishment.
