Search Results for: EU Court
UK introduces measures ending the supremacy of EU Law
July 14th, 2017
The UK government has begun the technical process of extricating the UK from the European Union by introducing a 66-page measure ending the supremacy of EU law. As expected, the European Union (Withdrawal) Bill would repeal the European Communities ...
Ethereum Traders File Class Action Lawsuit Over Kraken Flash Crash
July 6th, 2017
A class-action lawsuit has been filed against cryptocurrency exchange startup Kraken over issues stemming from its management of a May flash crash. Less than two months later, five customers of the exchange are alleging negligence, breach of contract and ...
EU fines Google €2.42 billion for manipulating search engine results
June 27th, 2017
Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market ...
Google faces big fine in first EU case against search practices
June 16th, 2017
Search giant is braced for a fine that could top €1bn with decision expected shortly Google is braced for a fine of potentially more than €1bn as Brussels prepares to announce the first of its trio of antitrust decisions ...
EU launches infringement procedures against three countries for refusing to take refugees
June 15th, 2017
The European Commission has today launched infringement procedures against the Czech Republic, Hungary and Poland for non-compliance with their obligations under the 2015 Council Decisions on relocation. Despite the Commission’s repeated calls for action, these three countries remain in ...
CEO of a Brazilian Bank cleared by court over Tax probe
June 15th, 2017
A Brazilian court has cleared Banco Bradesco SA Chief Executive Officer Luiz Carlos Trabuco of trying to illegally dodge a tax fine of 3 billion reais ($911 million), spurring the biggest jump in shares of the nation’s No. 3 ...
Volkswagen faces biggest legal action; A Pan-European lawsuit seeks billions refunds
June 14th, 2017
Around 220,000 car drivers in the Netherlands, England and Wales joined forces on Tuesday in what could become a pan-European lawsuit against German carmaker Volkswagen seeking compensation over its “dieselgate” emissions scandal. UK law firm Harcus Sinclair and Dutch Foundation ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
European Union to launch legal case against Italy over Fiat
May 18th, 2017
The European Union will launch legal action against Italy on Wednesday (17 May) for failing to police allegations of emissions-test cheating by Fiat Chrysler properly following the Volkswagen dieselgate scandal, EU sources said. EU officials have become increasingly frustrated ...
Societe Generale reports net income of EUR 747 million for Q1 2017
May 6th, 2017
Net banking income for the businesses of EUR 6,518m (+4.0% vs. Q1 16) driven by the growth in International Retail Banking & Financial Services and Global Banking & Investor Solutions. Book net banking income of EUR 6,474m, up +4.8% ...
