‘Pandora Papers’ Reveal Hidden Wealth, Secret Dealings of World Leaders

Some 11.9 million leaked financial documents, dubbed as the “Pandora Papers,” have revealed the secret offshore affairs of 35 current and former world leaders and 336 other public officials in over 91 countries and territories. The documents from financial services …

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Australian Sports Retailer Decathlon Fined $1.5 Million Over Incorrect Warning Labels on Basketball Hoops, Pools

The Federal Court of Australia has ordered sporting goods retailer Decathlon to pay $1.5 million for selling basketball hoops and inflatable pools with incorrect warning labels, breaching consumer law. On Aug. 17, Justice John Nicholas ruled that Decathlon was “careless” …

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Zoom to Pay $85 Million to Settle Privacy Lawsuit

Zoom Video Communications Inc has agreed to pay $85 million on Saturday to settle a lawsuit filed in San Jose, California claiming it violated users’ privacy rights. The class-action suit by several Zoom users alleged that Zoom has shared personal …

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Lloyd’s of London Counts Suez Canal Blockage Losses

Insurance giant Lloyd’s of London says they will take a “large loss” following the blockage of the Suez Canal by a freight carrier for nearly a week. Lloyd’s Chairman Bruce-Carnegie Brown made comments to the press that the canal blockage …

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Apple Must Pay $308.5M in Eastern District of Texas Patent Trial Verdict Says Jury

Apple is required to pay $308.5 million to Personalized Media Communications after a federal jury in Marshall, Texas decided that Apple had infringed on patent related digital rights and management. The decision was made on Friday March 19 in a …

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