S. Korea court fines Lone Star $20.9 mln
Seoul - AFP
A South Korean appeals court Thursday found US buyout fund Lone Star guilty of stock price manipulation and fined it 25 billion won ($20.9 million). The Seoul high court overturned a 2008 acquittal in the long-running case, which had stalled Lone Star's efforts to sell its 51 percent stake in Korea Exchange Bank (KEB). The court also passed a three-year prison sentence on Paul Yoo, former chief of the Texas-based fund's South Korean unit.
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Economy and energy dominate agenda in Russian-Slovak relationsRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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