Search Results for: UK law
Fukushima workers sue Tepco over unpaid hazard wages
September 3rd, 2014
Workers decommissioning Japan’s crippled Fukushima nuclear plant have sued its operator Tokyo Electric (Tepco) over unpaid hazard wages. The four men are demanding about 65m yen (£375,000; $620,000) in extra pay. They claim the compensation for removing contaminated debris ...
British police can seize UK passports under new terrorism legislation
September 2nd, 2014
Police will be given the temporary power to seize the passports of those suspected of being involved with terrorism, the Prime Minister said today. In a statement to parliament afternoon David Cameron said it was “abhorrent” Brits had “declared ...
PwC must face $1 billion lawsuit over MF Global advice
August 28th, 2014
A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion (603 million pounds)lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by ...
European Stocks Rise as Ukraine Concern Eases
August 18th, 2014
European stocks advanced, after equities climbed the most in more than a month last week, as Ukraine and Russia met for talks. U.S. index futures rose, while Asian shares were little changed. United Internet AG added 3.3 percent as ...
Asia shares up after Wall St recovers from Ukraine-driven slide
August 18th, 2014
Asian stocks stalled and the dollar sagged against the safe-haven yen on Monday, as another bout of tensions in the Ukrainian conflict sapped investor confidence. Spreadbetters are picking European shares, which already had a chance on Friday to absorb ...
Yen Falls as Russia Eases Ukraine Tension
August 11th, 2014
The yen fell versus 14 of its 16 major peers as concern eased about tensions in Ukraine after reports last week that Russia’s warplanes ended drills and the nation is seeking to mediate between Kiev and rebel forces. The ...
Record award for former Yukos investors after tribunal finds “political motivation” for Russia’s actions
July 31st, 2014
An arbitral tribunal sitting in The Hague has unanimously held that the Russian Federation breached its international obligations under the Energy Charter Treaty when it liquidated and part-nationalised the former Yukos Oil Company in 2007. The Permanent Court of ...
Existing law is enough for dealing with social media crime
July 29th, 2014
There is no need for any new laws in order to cope with crimes committed through social media, as peers explain. The ‘tentative’ conclusion of the House of Lords communications committee, set up in June, is that the criminal ...
UK Government defends mass interception of online data at tribunal
July 15th, 2014
Mass interception of online communications by intelligence agencies is necessary – even if only one person is being targeted, lawyers for the UK government have told a tribunal hearing complaints about surveillance. The government’s arguments were disclosed as lawyers ...
U.S. prosecutors offer junior UK traders immunity in forex probe
July 14th, 2014
Prosecutors from the U.S. Department of Justice are offering immunity deals to junior traders in London as they continue to investigate the alleged rigging of foreign exchange rates by banks and senior traders, the Financial Times reported, citing sources. ...
