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...The timing of the announcement and the amount of the fine could change, they added....
...“That’s fine, it’ll last 10 minutes,” he quipped. “You have to give them a choice, but there are five of them, and we don’t need an orchestra.”...
...A series of fines against Google levied over several years and amounting to about €8bn are being contested in court....
...The $2.89mn of civil penalties imposed this year largely consist of two fines totalling $2.65mn....
...But the contractual fine print includes a “sanctions exclusion clause”, which would invalidate claims involving most tankers moving Russian oil....
...The DMA allows the EU to fine companies up to 10 per cent of annual turnover, rising to 20 per cent in repeat cases....
...regime, which requires manufacturers to meet an annually rising EV sales target, was set at “double the natural demand of the market” and required carmakers to sell vehicles at a loss in order to avoid fines...
...Airports that had not installed the new kit by that date would face “serious” fines from then, the DfT said....
...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
Carrier says production problems have held up negotiations as it announces deal with Airbus
...The US Financial Industry Regulatory Authority hit two Stifel broker-dealer divisions with $2.3mn in fines and restitution over unsuitable recommendations on leveraged exchange traded products....
...Large fines can sometimes have a bracing effect on share prices. Facebook shares jumped after a record-breaking $5bn fine from US regulators in 2019....
...No way to run a railroad Labour’s reluctance to publish any detailed policy plans has been abandoned this week with Louise Haigh, shadow transport secretary, announcing that an incoming Labour government...
...regime, which requires manufacturers to meet EV sales targets that rise annually, was set at “double the natural demand of the market” and would mean carmakers would have to sell vehicles at a loss to avoid fines...
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
...Slap on the wrist The European Commission is set to slap Apple with a fine of around €500mn for the first time ever, but the tech giant’s rivals say the amount is far too low, and even a much bigger fine...
...Other western tech groups, including Google, have paid fines following action by FAS in recent years....
...What we need is binding timelines for the exit from fossil fuels, in electricity production, heating, industrial use and transport....
Approach for Aloha state carrier seems timed to gain from a rally in the currency but there are factors working against that too
...Its ruling comes as carmakers need to increase their sales of EVs in the UK to avoid fines, something hampered by slowing growth in demand for battery-powered cars....
...The deal’s prospectus notes that Sotheby’s Financial was founded back in 1988 to enable “its clients worldwide to unlock liquidity in fine art, luxury items, and other collectibles through financing solutions...
...If found guilty of non-compliance, companies face hefty fines that could amount to up to 10 per cent of their global turnover....
...Musk and Tesla also each paid $20mn in fines....
...“Sometimes you have to drop everything and get somewhere, and that’s fine but it is not every time....
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