Indian Central Bank Takes Steps to Regulate Unsecured Loans Impacting Consumer Spending
Nov 17, 2023 09:13 am UTC| Technology Law
The Reserve Bank of India (RBI) has recently implemented new regulations targeting the fast-growing sector of unsecured loans, a move that is expected to significantly affect consumer spending and the operations of many...
Rite Aid Sues US Justice Dept Over Opioid Prescription Allegations, Bankruptcy Issue
Nov 17, 2023 06:26 am UTC| Business Law Health
Rite Aid has sued the U.S. Department of Justice (DOJ) to halt a lawsuit alleging the companys involvement in illegally filling prescriptions for addictive opioid medications. The lawsuit comes as Rite Aid finds itself in...
Privacy Group noyb Files Complaint Against EU Commission for Microtargeting Ads
Nov 16, 2023 14:04 pm UTC| Technology Law
The European Union, known for its strict data protection laws, faces a new challenge as privacy rights organization noyb has filed a complaint against the EU Commissions Directorate General for Migration and Home Affairs....
McDonald's Loses Trademark Battle to Hungry Jack Over 'Big Jack' Burgers
Nov 16, 2023 07:40 am UTC| Business Law
McDonalds suffered a setback in a three-year trademark battle as the Australian federal court dismissed their allegations against rival fast-food chain, Hungry Jacks. The lawsuit claimed that Hungry Jacks infringed on...
German Cartel Office Investigates Coca-Cola Europacific Partners Pricing Practices
Nov 15, 2023 05:13 am UTC| Business Law
The German cartel office announced on Tuesday that it has initiated an investigation into Coca-Cola Europacific Partners Deutschland regarding its pricing practices within the country. The company, fully aware of the...
Coca-Cola Challenges Australian Tax Office's $170 Million Tax Imposition
Nov 15, 2023 00:49 am UTC| Business Law
The Coca-Cola Company is embroiled in a tax dispute with the Australian Tax Office (ATO), facing allegations of offshore profit diversion. The ATO has assessed it $173.8 million in diverted profits tax for the 2018 and...
41 US states are suing Meta for getting teens hooked on social media
Nov 10, 2023 14:47 pm UTC| Law
In the United States, 41 states have filed lawsuits against Meta for allegedly driving social media addiction in its young users (under the age of 18), amid growing concerns about the negative effects of platforms. The...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects