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Goldman Sued By Abu Dhabi Fund Over 1MDB

Global business news, with live guests and contributions from Asia and the USA.

The Abu Dhabi sovereign wealth fund IPIC has launched a civil suit against Goldman Sachs, claiming "redress for a massive global conspiracy.... to defraud and injure." Goldman says it fully expects to challenge the case. Clare Ballantyne, a business reporter with Bloomberg in New York - tells us about the suit launched by IPIC. For the first time aeronautics engineers have succeeded in flying an aircraft , heavier than air, that has no moving parts and doesn't have any emissions. Professor Steven Barrett, the man who designed the plane, tells us how it works. And our reporter, Elizabeth Hotson looks at which toys are expected to top Christmas lists.

All this and more discussed with our two guests throughout the show: Jasper Kim, Professor, Ewha University and Director, Center for Conflict Management in Seoul. And Laura Lynch, Correspondent, CBC News, in Vancouver.

Photo: Goldman Sachs logo at the New York Stock Exchange. Credit: Getty Images.

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53 minutes

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  • Thu 22 Nov 2018 01:06GMT

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