In a statement, U.S. jeweler Tiffany & Co stated, it has received all required regulatory approvals for the completion of a $16 billion (12.29 billion pounds) acquisition by French luxury goods group LVMH, The approval from the European competition comes… Read More ›
In a statement on Tuesday, Australian fuel supplier Ampol Ltd said, Chevron Corp has launched court proceedings against alleging breaches of a trademark license deal through which previously it used to use the company’s “Caltex” brand. According to Chevron, these… Read More ›
In yet another lawsuit against the Chinese government that has resulted as a result of the coronavirus which emerged from Wuhan China, the office of Missouri’s Attorney General Eric Schmitt stated, it had filed a lawsuit in the U.S. District… Read More ›
Facebook is facing yet another lawsuit over its political advertisement policy on its platform. Washington state’s attorney general has filed a second lawsuit against Facebook Inc over political ads saying the social media giant has once again failed to make… Read More ›
3M Co has filed a lawsuit against New Jersey-based Performance Supply LLC alleging that it had posed as an authorized 3M vendor of its N95 respirators and had offered millions of them for sale after hiking up their price by… Read More ›
On Tuesday, Volkswagen Group Rus stated, the carmaker will suspend car production in Russia following a supply shortage caused by the Wuhan coronavirus outbreak in Europe. Volkswagen Group Rus will stop production at its Russian plant from March 30 to… Read More ›
According to a source familiar with the matter at hand, Tesla Inc has reached a settlement with the U.S. state of Michigan to allow it to directly deliver its electric vehicles to customers in the state. Tesla will be allowed… Read More ›
Following a statement from the Swiss competition authority, COMCO, saying it wants to prohibit the Swatch Group from supplying watch mechanisms to other companies during 2020, Swatch, the world’s biggest watch maker, has threatened to pursue damages. “The provisional measures… Read More ›
In a statement the U.S. Department of Justice stated, the Swiss private banking unit of HSBC Holdings Plc will be paying $192.4 million to resolve a U.S. probe of its role in helping wealthy Americans evade taxes by using undeclared… Read More ›
A Canadian government agency has charged German automaker Volkswagen AG of importing around 128,000 vehicles into the country in contravention to the country’s environmental laws. Volkswagen has been charged with violating 60 counts of the Canadian Environmental Protection Act by… Read More ›
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