Legal & Regulatory
China Cuts off Trade With US Arms Suppliers for Selling Missiles and Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
Iconic 'Tupperware' Brand Now Bankrupt After Years of Sales Decline
Tupperware Brands filed for Chapter 11 bankruptcy after struggling with declining sales, rising costs, and increasing competition from cheaper, eco-friendly alternatives.
UK Energy Firm to Compensate 1,395 Customers $3M for Mishandling Their Complaints
Ovo has been ordered to pay $3M (£2.4M) in compensation and fines after regulators found it failed to address 1,395 customer complaints promptly, with each customer receiving $301 (£271).
Titan Submersible Employee to Testify That the Submarine Is 'Unsafe' Prior to Fatal Titanic Mission
An employee who labeled OceanGate’s Titan submersible as ‘unsafe’ will testify before U.S. Coast Guard investigators, potentially impacting the company’s future operation.