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UK's Former Chancellor Nadhim Zahawi Settles $6 Million Tax Error Payment
Former UK Chancellor Nadhim Zahawi admitted paying nearly £5 million to authorities to resolve tax affairs following an inquiry into a multi-million-pound settlement with HMRC over YouGov shares, maintaining it was non-deliberate.
Chinese Hedge Fund Zhejiang Ruifengda Under Investigations Over Suspected Illegal Activities
China's securities watchdog is investigating Zhejiang Ruifengda Asset Management Co. due to allegations of illegal activities, including failing to repay investors and a missing controlling shareholder, as the hedge fund manages assets exceeding $469 million.
Biden Administration Unveils $200 Million Funding to Address Bird Flu Outbreaks Within Dairy Farms
US health and agriculture authorities commit almost $200 million to address a bird flu outbreak in dairy cows across nine states.
US Federal Judge Overturns $8 Cap on Late Credit Card Fees
US District Court Fort Worth judge Mark Pittman blocked the new rule imposed by the Consumer Financial Protection Bureau capping credit card late fees at $8.