In October 2017, a class action lawsuit was filed against CBA for failing to disclose widespread breaches of anti-money-laundering rules. On Monday, the Commonwealth Bank of Australia (CBA) disclosed that Phi Finney McDonald had served it with a class action… Read More ›
Regulations & Legal
Japan Enacts Law That Caps Working Hours
A bill that was framed at bringing in reforms in working styles in Japan was enacted in to law by the Diet on Friday. There were however concerns among the opposition about the potential of the legislation to foster long… Read More ›
EU leaders unite over screening of foreign investment and Trump’s aluminum and steel tariffs
Although the leaders of the world’s largest trading bloc did not specifically mention China and the United States, the writing on the wall is lucid. On Friday, leaders across the European Union pledged to act unanimously and firmly against protectionism… Read More ›
Seven Year-Long Patent Infringement Battle Settled By Apple And Samsung
The legal patent infringement fight between Apple and Samsung that had dragged on for seven years have been just ended by the companies. Court documents filed on Wednesday by the companies show that the two companies have agreed to a… Read More ›
Fox-Disney deal set to be approved by U.S. antitrust regulators: source
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
Preliminary Tests For Drug For Aggressive Prostate Cancer Concluded By NucleoBio
Efficacy for its newest product, Prostreatm has been demonstrated by NucleoBio Inc. in its attempt to develop a drug that can efficiently treat aggressive prostate cancer. Preventing the growth and spread of the most aggressive form of prostate cancer –… Read More ›
Brexit Custom Costs Will Increase Price Of Cars: BMW
Custom arrangement costs because of Brexit would increase price of its vehicles, BMW has said, The making of cars such as the Mini would become costlier because of new border systems and warehousing, said Ian Robertson, BMW’s UK special representative…. Read More ›
Scotland’s Sturgeon priming itself for elections in autumn 2018
The UK has seen 4 elections in an equal number of years. In a significant development that could potentially have a bearing on Brexit negotiations, Nicola Sturgeon, Scotland’s First Minister has moved one of her key allies into a campaigning… Read More ›
Australian Strategic Policy Institute finds Huawei Technologies sponsoring overseas trips of Australian politicians
China’s Huawei Technologies Co Ltd, the world’s biggest maker of telecommunications network equipment, is increasingly finding it difficult to break into the U.S. and Australia telecommunication market on security concerns. A report by Australian think-tank Australian Strategic Policy Institute (ASPI)… Read More ›
Brexit Is Hurting The UK Following Two Years Of The Referendum
Between the intervening time period from the third quarter of 2016, the time soon after the Brexit referendum, and the first quarter of 2018, there has been a loss of £35 billion ($46 billion) in output in the UK economy… Read More ›