GE had provided the misleading data during its bid to acquire Danish rotor blade maker LM Wind in 2017. The European Commission has levied a fine of $58.4 million (52 million euros) on U.S. conglomerate General Electric for providing misleading… Read More ›
Judge Robert Jay told the entire jury that their services are no longer required. In a landmark case revolving around fraudulent transactions perpetuated by four former Barclays executives who had been accused of paying Qatar undisclosed fees to help rescue… Read More ›
A record breaking divorce settlement of at least $35bn (£27bn) would make the wife of Amazon founder Jeff Bezos, MacKenzie, amongst the richest woman in the world. Bezos is the richest man of the world currently. He owns a 4… Read More ›
Scrutiny of the behaviour of employees minute-to-minute is being done by dozens of UK business owners with the help of artificial intelligence. This is being done by analysis of data about who emails whom and when, who meets whom and… Read More ›
There has been a rise in incidents of rogue shipping companies attempting to conceal their activities by fraudulently making use of flag registries. To combat this, tougher measures to clamp down on this trend is being worked upon by the… Read More ›
If Saudi Arabia were to in fact go ahead with the move it would have significant geo-economic and geo-strategic changes. Riyadh depends on the United States militarily to defend itself against arch rival Iran. In a significant development, Saudi Arabia… Read More ›
The British parliament’s decision on April 12 will be is a milestone that Brexit watchers will be looking at very keenly. According to Roberto Azevedo, Director-General of the World Trade Organisation (WTO), if the United Kingdom were to leave the… Read More ›
The International Monetary Fund (IMF) believes that there can be big economic awards for governments across the globe if they are able to crack down on corruption in their countries. This comment was made by the IMF following a new… Read More ›
The less palatable-sounding “veggie discs” would re[place the veggie burgers a Brussels committee has declared. Following a vote in the European parliament on changes to a food-labelling regulation, this could be applicable to vegan sausages, tofu steaks and soya escalopes… Read More ›
Calls for breaking up the big four accounting firms are on the rise following audit failures at Carillion and retailer BHS. In a first such intervention, with the role played by accounting firm KPMG in the collapse of construction company… Read More ›
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