Bank of America Settles for $250 Million Over Financial Misconduct by Richie 07/11/2023 Bank of America has consented to a $250 million settlement to address allegations of financial misconduct, including overcharging...
Canada Initiates Investigations into Nike Canada and Dynasty Gold over Forced Uighur Labour Allegations by Richie 07/11/2023 Canada's corporate ethics watchdog, the Canadian Ombudsperson for Responsible Enterprise (CORE), has initiated investigations into Nike Canada and...
Brazil Enforces First Data Protection Law Penalty by Richie 07/11/2023 Brazil's National Data Protection Authority (ANPD) has executed its inaugural penalty under the General Data Protection Law (LGPD)....
SVB Financial Group Files Lawsuit Against FDIC for $1.9 Billion by Richie 07/10/2023 SVB Financial Group, the former owner of the now-bankrupt Silicon Valley Bank (SVB), has filed a lawsuit against...
China Seeks US Action on Sanctions, Communication in Economic Relations by Richie 07/10/2023 China has requested the United States to take "practical action" regarding sanctions imposed on Chinese companies. This appeal...
Foxconn Withdraws from $19.5 Billion Vedanta Chip Project in India by Richie 07/10/2023 Foxconn, a major Taiwanese electronics manufacturer, has announced its withdrawal from a $19.5 billion joint venture with Vedanta,...
Progress in US-China Relations Following Yellen’s Beijing Visit by Richie 07/09/2023 United States Treasury Secretary Janet Yellen has concluded her visit to Beijing, describing her extensive discussions with senior...
Samsung Experiences Significant Profit Decline Amid Chip Market Challenges by Richie 07/07/2023 Samsung Electronics, a leader in memory chip and smartphone manufacturing, has experienced a dramatic decrease in its operating...
Tesla Reportedly Initiates Layoffs at Shanghai Battery Plant by Richie 07/07/2023 Tesla, the renowned electric vehicle manufacturer, is reportedly reducing its workforce in the battery production segment of its...
Nigeria Aims to Nearly Double Tax-to-GDP Ratio by 2026 by Richie 07/07/2023 Nigeria is targeting a significant increase in its tax-to-GDP ratio, aiming to reach at least 18 percent within...
Advancements in Traceability Technologies Bolster Security Against Counterfeit Pharmaceuticals 03/20/2024