New Zealand’s incoming conservative government will jettison world-leading measures to stub out smoking, new Prime Minister Christopher Luxon confirmed Monday, in a move described by health campaigners as a “huge win for the tobacco industry”. Unveiled under former prime minister Jacinda Ardern, the so-called “generational smoking ban” aimed to prohibit […]
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Colombian superstar Shakira has paid 6.6 million euros ($7.2 million) to a Spanish court investigating her for unpaid taxes, her agent said Friday, just days after she reached a deal to avoid trial in another tax case. Spanish prosecutors in July opened a second case against the 46-year-old singer, accusing […]
Morocco’s competition council said on Thursday it had fined the nine fuel companies operating in the country 1.84 billion dirhams ($180 million) because of non-compliance with free competition rules and price fixing. The council said it had reached an agreement with the petrol and diesel companies and their professional groups […]
Genesis alleges that Gemini, owned by the Winklevoss twins, made “significant withdrawals” before Genesis filed for bankruptcy, contributing to a “run on the bank,” reports CoinDesk. The lawsuit alleged that Gemini made preferential transfers of an “aggregate gross amount of no less than approximately $689,302,000” from Genesis at the expense […]
The procedure to appoint judges to a new chamber of Poland’s Supreme Court is defective and Warsaw has to take appropriate legislative measures to correct the process, the European Court of Human Rights (ECHR) said on Thursday. Rule of law issues took centre stage in Poland after Oct. 15 elections […]
Canada introduced tax measures on Tuesday to ease a severe rental housing shortage by limiting income tax deductions on short-term rentals on services such as Airbnb Inc and VRBO, joining many countries that are enacting similar laws. The new rules apply as of Jan. 1 in provinces and municipalities that […]
The world’s biggest cryptocurrency exchange Binance is expected to pay fines totaling $4.3 billion and its chief is planning to step down, a US media report said Tuesday. In a deal with US authorities that could allow the company to keep running, Binance chief executive Changpeng Zhao intends to plead […]
The Nepal Supreme Court on Tuesday ruled against issuing an interim order to lift the ban on Chinese social media application TikTok. The ruling came at a preliminary hearing on a case filed against the ban on the Chinese social media application. Instead, the country’s highest court issued a show […]
EU regulators on Tuesday raided several online food delivery companies in two EU countries on concerns that they may have breached EU rules against cartels, with the focus also on their no poach agreements. The European Commission, which did not name the companies nor the EU countries, said the ongoing […]
United States Supreme Court has rejected Tata Consultancy Services appeal against a USD 140 million punitive damages order passed by a district court, the company said on Tuesday. The District Court of Wisconsin has awarded USD 140 million damages in favour of Epic Systems Corporation which alleged that TCS infringed […]