Supreme Court limits Financial Ombudsman powers
The UK Supreme Court has overturned a Court of Appeal decision, limiting the Financial Ombudsman Service's powers in a major ruling affecting financial disputes.
The UK Supreme Court has overturned a Court of Appeal decision, limiting the Financial Ombudsman Service's powers in a major ruling affecting financial disputes.
The UK Supreme Court has ruled in favour of the Financial Conduct Authority (FCA) in a high-profile case, reinforcing its regulatory powers over financial disputes.
European Union investigates Swiss pharmaceutical firms Roche and Novartis for potential antitrust violations in deals connected to Donald Trump's administration.
A bitter legal battle erupts within the billionaire Annenberg family as Wallis Annenberg, the lesbian heiress, fights for her share of the fortune. Discover the shocking details of this high-stakes inheritance war.
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RecommendedInternational Airlines Group (IAG), the parent company of British Airways, is reportedly in advanced talks to acquire Irish carrier Aer Lingus, signalling a major consolidation in the aviation sector.
International Airlines Group (IAG), the parent company of British Airways, is reportedly in talks to acquire Aer Lingus, signalling potential expansion at Heathrow Airport. The move could reshape European air travel.
UK gambling platforms are under increased regulatory pressure as lawmakers push for stricter controls. Discover how this could impact online betting and player safety.
Japanese tech giant Panasonic relocates its global headquarters to Tokyo, marking a pivotal shift in corporate strategy and international operations.
The European Commission has launched an in-depth investigation into Just Eat's planned acquisition of Takeaway.com, citing competition concerns in the food delivery market.
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RecommendedThe FCC, under Trump's administration, has approved the Paramount-Skydance merger while Stephen Colbert faces a lawsuit over alleged copyright infringement.
The US Federal Communications Commission has approved the multi-billion dollar merger between Skydance Media and Paramount Global, reshaping the entertainment landscape.
The Federal Communications Commission (FCC) has greenlit the high-profile merger between Paramount and Skydance, reshaping the future of entertainment and streaming.
The US Justice Department has initiated a significant antitrust investigation into UnitedHealth Group, scrutinising potential monopolistic practices in its health insurance and healthcare services divisions.
Former President Donald Trump claims Paramount and Skydance Media favoured diversity initiatives over merit in their merger, sparking fresh debate on corporate DEI policies.
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RecommendedAustralian betting firm Betr reports significant profit growth after acquiring PointsBet, reshaping the ASX-listed gambling landscape.
A high-profile entrepreneur and former sprint champion, known for appearances on Dragons' Den, is under investigation for alleged misuse of COVID bounce back loans while living in a luxury mansion.
Former US President Donald Trump has won a massive $36 million settlement from CBS and Paramount following a legal battle over his appearance on '60 Minutes'. The payout marks a significant victory for Trump in his ongoing media disputes.
British tech entrepreneur Mike Lynch battles US extradition in a high-stakes fraud case tied to HP's disastrous $11bn Autonomy acquisition.
Hewlett-Packard triumphs in a landmark £3 billion fraud lawsuit against Autonomy's Mike Lynch, as the UK High Court rules in favour of the tech giant.
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RecommendedBritish tech billionaire Mike Lynch faces financial ruin as his estate is declared bankrupt following a legal battle over the sale of his superyacht, Bayesian.
Tesla CEO Elon Musk is embroiled in a high-stakes court case over his controversial $56 billion pay package. Investors claim the deal was unjustly approved—here's the latest.
Howard Lutnick, CEO of Cantor Fitzgerald, has publicly endorsed Donald Trump for the 2024 US presidential race, citing economic concerns and policy alignment.
The widow of Mike Lynch is now embroiled in legal action as victims of the Bayesian scandal seek compensation, raising questions about accountability and financial restitution.
Reckitt Benckiser, the parent company of Durex, is under fire for approving a £55m pay deal for its CEO while slashing jobs and freezing wages for staff.
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RecommendedSamsung's billionaire heir Jay Y. Lee has been acquitted of stock manipulation and accounting fraud charges related to a controversial 2015 merger, marking a pivotal moment for South Korea's corporate giant.
Former President Donald Trump's controversial proposal to allow private equity investments in 401(k) plans could dramatically alter retirement savings for millions. Experts warn of high risks as regulators scrutinise the potential move.
Despite Debra Crew's leadership, Diageo struggles to shake off pandemic-era challenges. What went wrong for the drinks giant?
Diageo's Chief Financial Officer, Lavanya Chandrashekar, is leaving the drinks giant to take the helm at PepsiCo Europe, marking a significant leadership shift in the beverage industry.
Ryan Cornelius, a UK businessman, has been sentenced to 20 years in a Dubai prison amid allegations of financial misconduct. Shadow Foreign Secretary David Lammy urges the UK government to reassess sanctions policies to protect British nationals abroad.
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RecommendedFormer employees of Elon Musk's X, formerly Twitter, sue the company for failing to pay promised bonuses after Musk's takeover, sparking a legal showdown.