Russian billionaire Alisher Usmanov has filed a lawsuit against a German unit of UBS Group AG over anti-money laundering reports that triggered a criminal investigation of him.
Legal & Regulatory
Ecuador Suspends Visa Waiver for Chinese Nationals Due to a Concerning Spike in Irregular Immigrants
Ecuador suspended the visa waiver for Chinese citizens due to rising irregular migration. Starting July 1, it will require visas, citing exit protocol violations and strain on resources.
UK’s Richest Family Faces Trial in Switzerland for Human Trafficking Charges
The UK's wealthiest Hinduja family is on trial in Switzerland for human trafficking and exploiting Indian servants allegations, facing accusations of passport confiscation and underpaying.
Russia Arrests Managers of Delivery Service Following Rare Disease Outbreak Linked to Ready-to-Eat Salads
Russian authorities have detained three individuals connected to a botulism outbreak due to contaminated salads and canned beans.
Boeing Purposely Hid Faulty Parts in 737 Max Planes, Whistleblower Claims
A new whistleblower alleged that Boeing hid defective parts from regulators, potentially installing them in 737 Max planes, prompting a new congressional investigation.
Latest News
Toyota shareholders re-elected chairman Akio Toyoda to his post on the board but left him beleaguered due to the company’s governance issues and scandals involving some of its car models.
Trafigura settled CFTC claims that it manipulated a fuel oil benchmark and prevented workers from cooperating with authorities.
The FTC sued Adobe for hiding early subscription termination costs and making cancellation hard. Adobe's Freemont offices are seen April 18, 2005 in Seattle, Washington.
A lawsuit against Disneyland was recently filed after the attraction sold Dream Key annual passes for $1,400 each between August and October 2021.
The FDA has paused BioNTech's breast and lung cancer trial involving licensed treatment from Chinese biotech MediLink Therapeutics Ltd., citing safety concerns.
Will Lewis is urged to step down as CEO of The Washington Post following resurfaced allegations of unethical journalism practices at the London-based Sunday Times.
Tesla has filed a lawsuit accusing former supplier Matthews International of stealing and using its electric vehicle battery manufacturing secrets, seeking over $1 billion in damages.
Iceland will revise its tourism tax system and introduce dynamic pricing at popular sites like Geysir to manage overtourism.
China has initiated an investigation into EU pork prices following complaints of unfair competition as a possible retaliation as it coincided with the EU's tariffs on Chinese electric vehicles.
