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Wirecard AG
Wirecard shareholders sue EY over alleged asset stripping in Germany
...In a multi-stage process that first involved a change of the existing group’s legal structure, the firm then carved out its highly profitable consulting, tax and M&A advisory operations through an asset...
April 8, 2024
InterviewEkrem İmamoğlu
Victorious Istanbul mayor tells Erdoğan to heed voter ‘message’
...He was sentenced to jail and received a political ban in 2022 for allegedly insulting a public official, a conviction that drew a rebuke from the US....
April 8, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Live news: Moscow threatens to downgrade ties with US if Russian assets are confiscated
GSK sues Pfizer and BioNTech over mRNA patents
...The suit filed in Delaware district court on Thursday is the latest in a string of actions taken against Pfizer and BioNTech over their Comirnaty vaccine....
April 25, 2024
Live news: US trade groups sue FTC over non-compete ban
Trade groups sue FTC over non-compete ban
...The vote broadly bans non-compete contracts, which restrict workers from leaving for a competitor, usually for a certain period of time and in a specific geographic region....
April 24, 2024
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
US sues to block Tapestry’s $8.5bn acquisition of Capri Holdings
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
April 22, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
US sues to block Tapestry’s $8.5bn acquisition of Capri Holdings
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
April 22, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Oil & Gas industry
US landowners sue to force oil company clean-up of abandoned wells
...Randall Trupp, a wheat farmer in Adams County who is one of the plaintiffs in the HRM case, told the Financial Times one of the underground pipes linked to an unplugged well on his property exploded in 2021...
February 23, 2024
FirstFT
FirstFT: Elon Musk sues Sam Altman and OpenAI over Microsoft partnership
...‘We overlooked how resilient people are’: Former central banker Adam Posen talks policy, rates, productivity, China and AI with the authors of Unhedged. Read the full interview....
March 1, 2024
DAZN Group
Len Blavatnik’s DAZN threatens to sue German football league over TV rights auction
...In a letter to the co-head of the football league sent on Thursday, DAZN said it would file a statement of claim in an arbitration tribunal to challenge the decision next week unless a solution could be...
April 26, 2024
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
April 22, 2024
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
Former X executives sue Musk for $128mn in severance pay
...In a lawsuit filed on Monday in a California federal court, the former executives said Musk “manufactured” their terminations, accusing them of gross negligence and willful misconduct “without citing a single...
March 4, 2024
Baring Asset Management Ltd
Barings sues Nomura-backed private credit firm over ‘one of largest corporate raids’ in years
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
March 18, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
FTC sues to block biggest supermarket merger in US history
...A Kroger spokesperson said blocking the deal would harm “America’s consumers and workers”....
February 26, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Elon Musk sues OpenAI and Sam Altman over multibillion-dollar alliance with Microsoft
...“OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” wrote Musk’s lawyers in a filing issued to a San Francisco court on...
March 1, 2024
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
New York sues Citibank over online fraud protections
...The suit cites one case in which a Citi account holder lost $40,000 after clicking on a phishing link sent to their phone....
January 30, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
UK politics
Sue Gray draws Labour complaints over leak investigation
...Labour party members have complained about a heavy-handed leak investigation conducted by Sir Keir Starmer’s chief of staff Sue Gray, the latest controversy to hit the opposition party....
February 13, 2024
News updates from January 2: Drone strike kills senior Hamas leader, Tesla overtaken as biggest EV maker
Trump sues over Maine ballot rejection
...Trump on Tuesday asked a superior court in Maine to reverse the decision by Shenna Bellows, Maine’s secretary of state, saying she was a “biased decisionmaker” who should have recused herself....
January 2, 2024
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...European airlines complain that there is a risk of “carbon leakage” if it is cheaper to break a journey in Istanbul or Dubai rather than fly from point to point on a European airline paying higher environmental...
April 21, 2024
News updates from January 22: US and UK launch new strikes at Houthis, Arnault to tap sons to LVMH board
ExxonMobil sues to block shareholder climate petition
...ExxonMobil has filed a lawsuit to try to stop a shareholder climate resolution from going to a vote at its annual investor meeting, in a first for the US oil major that marks an escalation in the battle...
January 21, 2024
European Commission
EU parliament sues Ursula von der Leyen’s commission over Hungary funds
...The European parliament will sue the European Commission over its decision last year to unblock €10bn for Hungary in frozen funds as Brussels sought to convince Budapest to lift its veto over aid to Ukraine...
March 14, 2024
ReviewFilm
Spaceman film review — Adam Sandler befriends an alien arachnid
...Adam Sandler does Andrei Tarkovsky would once have been someone’s idea of joke. But that is the gist of Spaceman, the melancholic new Netflix science fiction....
February 29, 2024
Super Tuesday: How the night unfolded
Comment: Adam Schiff’s ‘brazenly cynical’ advertising campaign pays off
...But in a move that angered some in his party, Adam Schiff ran advertisements referring to himself and Garvey as “the two leading candidates” in the race, boosting the Republican’s standing in voters’ minds...
March 6, 2024
News updates from January 3: US job openings fall to 32-month low, Blasts kill about 100 in Iran
Donald Trump sues over removal from Maine primary ballot
...Trump on Tuesday asked a superior court in Maine to reverse the decision by Shenna Bellows, Maine’s secretary of state, saying she was a “biased decision-maker” who should have recused herself....
January 2, 2024
Elon Musk
Former Twitter executives sue Elon Musk in $128mn severance dispute
...He has publicly criticised them for their running of the platform on several occasions, particularly when he attempted to pull out of the acquisition and sue the company, prompting Twitter to sue him in...
March 4, 2024
Insurance
Nord Stream sues insurers for €400mn over pipeline explosions
...The company also claimed for about €3.7mn for a damage survey, plus other costs. Lloyd’s of London and Arch declined to comment....
March 12, 2024

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