Legal & Regulatory

Mexican Sinaloa Cartel Conspired With Chinese Banking Group to Launder $50 Million, US DOJ Says

Mexican Sinaloa Cartel Conspired With Chinese Banking Group to Launder $50 Million, US DOJ Says

The US DOJ alleged that the Mexican Sinaloa Cartel collaborated with wealthy Chinese nationals in California to launder up to $50 million from drug trafficking.


US Senate Approves Bill to Boost Nuclear Energy Development and Deployment

The US Senate has approved a bill to speed up the deployment of nuclear energy capacity. The US Senate approved on Tuesday a bill to speed up the deployment of nuclear energy capacity.

Thai Central Bank Renews Opposition to Government's Plan to $14 Billion Cash

Bank of Thailand Governor Sethaput Suthiwartnarueput doubled down its opposition against the Thai government of PM Srettha Thavisin and its plan to give almost $14 billion in cash to almost all of its adult citizens.

Biden Administration Reveals New Tax Rules That Push Higher Pay for Green Energy Workers

The Biden administration has released the final regulations for the IRA's prevailing wage and registered apprenticeships (PWA) provisions.


Latest News

Johnson & Johnson Faces Fresh Lawsuit Seeking Damages, Cancer Monitoring for Talc Product Users
Johnson & Johnson is facing a new class action lawsuit seeking damages and medical monitoring for women potentially affected by cancer allegedly linked to the company's talc products.
Quito International Airport Reopens Amid Coronavirus Pandemic
Ecuador suspended the visa waiver for Chinese citizens due to rising irregular migration. Starting July 1, it will require visas, citing exit protocol violations and strain on resources.
SWITZERLAND-INDIA-JUSTICE-TRIAL
The UK's wealthiest Hinduja family is on trial in Switzerland for human trafficking and exploiting Indian servants allegations, facing accusations of passport confiscation and underpaying.
RUSSIA-HEALTH-VIRUS
Russian authorities have detained three individuals connected to a botulism outbreak due to contaminated salads and canned beans.
US-ACCIDENT-AVIATION-BOEING
A new whistleblower alleged that Boeing hid defective parts from regulators, potentially installing them in 737 Max planes, prompting a new congressional investigation.
ITALY-ECONOMY-AUTO-FIAT-PSA-STELLANTIS
Stellantis announces a recall of nearly 1.2 million vehicles in the US and Canada due to a software glitch that disables rearview cameras. The recall affects various models from 2021 to 2023.
Kansas Sues Pfizer for Allegedly Hiding COVID Vaccine Risks, Misleading the Public
Kansas has filed a lawsuit against Pfizer, accusing the pharmaceutical giant of misleading the public about its COVID-19 vaccine.
Sanctioned Russian Billionaire Files Lawsuit Against UBS Over Money Laundering Alerts
Russian billionaire Alisher Usmanov has filed a lawsuit against a German unit of UBS Group AG over anti-money laundering reports that triggered a criminal investigation of him.
Toyota Shareholders Re-Elect Akio Toyoda as Chairman Amid Safety Test Scandal, Governance Issues
Toyota shareholders re-elected chairman Akio Toyoda to his post on the board but left him beleaguered due to the company’s governance issues and scandals involving some of its car models.
trafigura
Trafigura settled CFTC claims that it manipulated a fuel oil benchmark and prevented workers from cooperating with authorities.
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