APR
7
2020

Japan declares state of emergency, nearly $1 trillion stimulus for coronavirus

The state of emergency, giving authorities more power to press people to stay at home and businesses to close

APR
7
2020

In a first, China knocks U.S. from top spot in global patent race

China’s figure was a 200-fold increase in just 20 years

APR
7
2020

US small business rescue runs into operational difficulties

Federal Reserve reveals new facility aimed at speeding flow of funds to main street

APR
6
2020

EU focuses antitrust probe on Facebook’s online classifieds service

Rivals complain tech group uses dominant position to push Marketplace to its 2bn users

APR
6
2020

Investors prepare legal action over disputed margin calls:US

Lawyers predict eventual claims to recover losses could match or exceed those generated by 2008 financial crisis

APR
6
2020

Regulators free up $500bi. capital for lenders to fight virus storm: Germany

Moves by central banks around the world designed to add $5tn in extra credit for the real economy

APR
6
2020

HSBC Hong Kong shareholders mull legal action over dividend suspension

Founded in Hong Kong about 150 years ago as Hongkong and Shanghai Banking Corp

APR
3
2020

Bed Bath sues 1-800-Flowers for trying to renege on deal over COVID-19

Bed Bath said in its complaint, filed in Delaware’s Court of Chancery, that 1-800-Flowers told it on March 24 the COVID-19 outbreak

APR
3
2020

FCC proposes to fine TracFone Wireless $6 million for subsidy violations: US

The Lifeline program provides a monthly discount of up to $9.25 on broadband and phone service for qualifying low-income consumers.

APR
3
2020

JPMorgan pays $1bn to take full control of China fund venture: US

Purchase of remaining 49% stake in CIFM follows removal of foreign ownership cap on April 1

APR
2
2020

Scotland drops plans to suspend jury trials during coronavirus crisis

Michael Gove urged Nicola Sturgeon to reconsider ‘deeply concerning’ proposals

APR
2
2020

SoftBank abandons $3 billion WeWork share purchase deal

SoftBank shares rose as much as 2.5 percent while the broader Japan market fell.

APR
2
2020

Top EU court says eastern states broke law by refusing to host refugees

The ruling underscores Europe’s bitter divisions over migratio

APR
1
2020

EU proposes short-time work scheme to avoid coronavirus lay-offs

The Commission said more details of its plans would be available

APR
1
2020

Overshadowed by pandemic, Japan´s ban on indoor smoking goes into effect

Cigar bars, private homes and hotel rooms are exempt from the ban.

APR
1
2020

UK medicines watchdog warns over unsafe coronavirus tests

MHRA to probe potential scams and take down fraudulent websites

APR
1
2020

U.S. court rules for Teva in migraine patent dispute with Eli Lilly

In a separate legal action filed in 2018, Teva accused Eli Lilly’s competing drug Emgality of infringing the same patents

APR
1
2020

Banks stand to make billions from US small business rescue

Federal loans will be forgiven if recipients use them to cover payroll and other costs

APR
1
2020

U.S. Supreme Court lets states bar insanity defense

Under the Kansas law, defendants cannot argue they were insane and unable to make a moral judgment as an excuse to criminal liability

MAR
31
2020

Federal Reserve loosens bank lending regulations during COVID-19 outbreak: US

Banks can choose whether to follow the modified CECL rule or the old CECL rule.

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