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The A2 Milk Company has come to a preliminary agreement to conclude the prolonged shareholder class actions regarding its purportedly deceptive financial predictions. Settlement Details The globally traded dairy firm announced that the settlement amount is…
Top taxi firm Vinasun and ride hailing firm Grab have told the court that they’ll negotiate a compensation dispute. The People’s Court of Ho Chi Minh City on Friday approved the litigants’ wish to ‘sit together,’ and temporarily suspended the trial. The…
The Malaysian Anti-Corruption Commission (MACC) is intensifying its investigation into a significant land dispute in Pahang’s Raub district, aiming to collect vital documents and witness accounts. The agency confirmed last Friday that several individuals…
Prosecutors in Ho Chi Minh City have appealed a verdict ordering Grab to pay compensation to domestic taxi firm Vinasun. They want the appeal court to quash the order requiring the Singapore ride-hailing firm to pay VND4.8 billion ($206,000) in compensation…
Saiqa Noreen launched a petition to have the shoes, which were released previous year, pulled from shelves and criticised Nike for allowing Allah’s name to be “trampled, kicked and become soiled with mud or even filth”. The outrage prompted Nike to issue a…
GM Korea’s union is planning to request further government support for employees who took unpaid leave after the shutdown of the Gunsan manufacturing plant last year. The decision, outlined in a follow-up document detailing a GM Korea union meeting held on…
Prosecutors have argued in a trial in HCMC that Grab must pay Vinasun compensation for losses it caused through “unhealthy competition.” At a hearing Tuesday the city People’s Procuracy rejected ride-hailing firm Grab’s argument that the court had no…
There is Samsung of South Korea, Sony of Japan, BMW of Germany and IKEA of Indonesia. Wait! IKEA of Indonesia? Yes, at least in Indonesia, if not worldwide. Furniture giant IKEA, founded in Sweden in 1943, has lost a trademark dispute in Indonesia after the…
