ACLEDA, pronounced “A-C-Leda”, is short for the “Association of Cambodian Local Economic Development Agencies.” It hearkens back to the bank’s roots as a development NGO, set up in the immediate aftermath of Cambodia’s civil war in 1993. Even after becoming a full-fledged commercial bank in 2003, ACLEDA, one of just two Cambodian companies on Fortune’s Southeast […]
Carlsberg had an action-packed 2024. It acquired U.K.-based Britvic, creating a new entity that subsumes Carlsberg Marston’s Brewing Company business. The Danish company also got rid of its Russian operation after it was taken under state control in 2023. Alcohol-free brews are Carlsberg’s fastest-growing segment, up 6% last year. Other consumers also gravitated to expensive […]
The former interpreter for baseball star Shohei Ohtani was sentenced Thursday to nearly five years in prison for bank and tax fraud after he stole nearly $17 million from the Los Angeles Dodgers player’s bank account. Ippei Mizuhara, who was supposed to bridge the gap between the Japanese athlete and his English-speaking teammates and fans, was sentenced in […]
Twenty-two states sued New York on Thursday, contending that a new law forcing a small group of major energy producers to pay $75 billion into a fund to cover climate change damage is unconstitutional The lawsuit, filed in Albany, lists state Attorney General Letitia James and other officials as defendants. According to a statement, West Virginia Attorney General […]
an official who has planned the zealous expansion of President Donald Trump’s power into one of the most influential positions in the federal government. Vought was confirmed on a party-line vote of 53-47. With the Senate chamber full, Democrats repeatedly tried to speak as they cast their “no” votes to give their reasons for voting against […]