compensation
FinanceBayer Must Pay $100 Million in Latest Trial Over PCBs in Washington School, Jury Finds
FinanceClariant to Fight 1.4 Billion Euro Ethylene Lawsuit From Basf
HeadlinesThai Tycoon's Family Claims $2.7 Billion From Leonardo Over Fatal Leicester City Crash
BusinessPolish E-Commerce Allegro’s Unit Sues Alphabet for $568 Million
Malaysia to Resume Hunt for Flight MH370, 10 Years After It Vanished
Date: December 20, 2024
By Ashley Tang and Mandy Leong KUALA LUMPUR (Reuters) -Malaysia has agreed to resume the search for the wreckage of missing Malaysia Airlines Flight MH370, its transport minister said on Friday, more than 10 years after it disappeared in one of the world’s greatest aviation mysteries. Flight MH370, a Boeing 777 carrying 227 passengers and...
UK Watchdog Widens Motor Finance Complaints Deadline to December 2025
Date: December 19, 2024
By Sinead Cruise and Kirstin Ridley LONDON (Reuters) -The Financial Conduct Authority (FCA) is giving customers who struck historic finance deals to lease motor vehicles additional time to complain about commission payments, widening a review that could lead to Britain’s biggest financial redress scheme since mis-sold payment protection insurance (PPI). The regulator is considering a...
UK Employers Hold Pay Deals at 4% Before Expected Fall in 2025, Survey Shows
Date: December 18, 2024
(Reuters) – Pay deals awarded by British employers were steady in the three months to November and are likely to slow next year as companies economise to meet higher tax bills introduced by the new government’s first budget, a survey showed on Wednesday, Human resources data firm Brightmine said the median pay award held at...
Barclays Loses UK Motor Finance Challenge as Redress Looms
Date: December 17, 2024
By Sam Tobin and Kirstin Ridley LONDON (Reuters) -Barclays lost its bid to overturn a ruling on British motor finance commissions on Tuesday, in a High Court decision that weighed on bank shares as investors fretted about a potential multibillion pound consumer redress plan. The case comes as the Financial Conduct Authority (FCA) considers an...
UK Hands Water Customers Bigger Payouts for Service Failures
Date: December 17, 2024
LONDON (Reuters) – Britain said it was increasing compensation payments for customers whose water supply is temporarily cut off, its latest attempt to improve the water sector after poor service and environmental pollution sparked public anger. The government is trying to fix Britain’s broken privatised water industry after years of under-investment caused frequent sewage spills....
Microsoft Faces UK Lawsuit Over Cloud Computing Licences
Date: December 3, 2024
LONDON (Reuters) – Microsoft faces legal action in Britain over a claim that thousands of businesses using cloud computing services provided by Amazon, Google and Alibaba could be paying higher licence fees to use Windows Server software. Competition lawyer Maria Luisa Stasi filed a case at the Competition Appeal Tribunal on Tuesday, claiming that British...