Allianz Ex-Manager Must Face US Fraud Charges On $7B Investor Loss August 7, 2023 By Jonathan Stempel A U.S. judge has rejected former Allianz fund manager Gregoire Tournant’s bid to dismiss a criminal fraud case over his...
SiriusPoint Announces Partnership with P/C MGA Eaton Gate August 7, 2023 SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, and Eaton Gate, a London-based managing general underwriter (MGU), announced a new...
Australia Cracks Down on Promoters of Dodgy Tax Schemes After PwC Leak Scandal August 7, 2023 By Lewis Jackson Australia will drastically toughen penalties against promoters of dodgy tax schemes and beef up regulatory powers under reforms announced on...
Sweden’s Ericsson Sued by 37 Shareholders for $170M: Media Report August 7, 2023 Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined 1.8 billion Swedish crowns ($170 million), saying its...
Slovenia Suffers Its Worst-Ever Floods; Damage Could Top €500M, Prime Minister Says August 7, 2023 LJUBLJANA, Slovenia (AP) – Slovenia has faced the worst-ever natural disaster in its history, Prime Minister Robert Golob said Saturday,...
Judge Allows Key Antitrust Google Search Claims to Go to Trial August 7, 2023 By David Shepardson and Diane Bartz A U.S. judge hearing the Justice Department’s antitrust lawsuit accusing Google of unlawfully maintaining monopolies in the internet search market...
Purdue Asks Supreme Court Not to Block Opioid Settlement During Appeal August 7, 2023 By Dietrich Knauth Oxycontin maker Purdue Pharma on Friday asked the U.S. Supreme Court to reject the U.S. Department of Justice’s request to...
Japan to Release Fukushima Water as Soon as August: Reports August 7, 2023 By Shoko Oda The Japanese government is preparing to start releasing treated wastewater from the Fukushima nuclear disaster site into the sea as...
Social Media Influencer Facing Riot Charges After Mayhem Breaks Loose in NYC August 7, 2023 Social media influencer Kai Cenat is facing charges of inciting a riot and promoting an unlawful gathering in New York...
Western Kentucky, Tennessee Again Hit by Flooding August 7, 2023 Flooding in northwest Tennessee and western Kentucky has shut down roads and prompted some home evacuations. Several inches of rain...