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On Wednesday, a mother from one of Thailand’s wealthiest families officially withdrew the lawsuit she lodged against her son under the “ungrateful child law.” The litigation stemmed from accusations her son, Siranudh “Psi” Scott, made against his older…
In light of a severe data breach, one of the most significant in South Korea’s history, Coupang Corp’s CEO, Park Dae-jun, has resigned. The cyberattack exposed the personal details of approximately 33.7 million customers, including their names, email…
Standard Chartered Bank is firmly pushing back against allegations that it played a role in facilitating fraudulent activities linked to the infamous 1Malaysia Development Berhad (1MDB) scandal, which has continued to reverberate through financial headlines…
An alarming land dispute in Pahang, Malaysia, has drawn significant attention as investigations reveal connections to multiple former officials. This dispute has culminated in the removal of over 1,000 durian trees, with the Malaysian Anti-Corruption…
Porsche SE, Volkswagen’s largest shareholder, is facing a lawsuit in the United States over claims related to the carmaker’s diesel emissions scandal. The suit, filed with the Supreme Court of the state of New York in April, targets Porsche SE as well as…
Investors have sued Daimler for 896 million euros ($1 billion) in a regional court in Stuttgart, accusing the carmaker of concealing its use of emissions cheating software, German law firm TILP said on Tuesday. The suit was filed on behalf of institutional…
Volkswagen on Thursday said it was in talks to discuss a settlement with German vehicle owners who are suing the carmaker over excessive pollution caused by VW’s diesel cars. In 2015 the carmaker admitted to using manipulated engine management software to…
Volkswagen said on Tuesday that its subsidiary Audi would not contest an 800-million-euro (USD 927 million) fine issued by German prosecutors over “deviations from regulatory requirements” in diesel engines. “Audi AG has accepted the fine” investigators…
The Facebook and Cambridge Analytica data harvesting scandal has eroded trust in digital service companies, which has opened a window of opportunity for mobile operators, according to new research from Openet. A survey of consumers in the Philippines, the UK,…
Scandal-plagued Japanese manufacturer Toshiba Corp. is cutting 6,800 jobs after projecting a net loss of 550 billion yen ($4.5 billion) for the fiscal year through March 2016.Toshiba said Monday it will slash the jobs in its personal computer, video product…
Tesco provided more information about how it accounts for relationships with suppliers on Wednesday after an accounting scandal that contributed to an annual loss of 6.4 billion pounds ($9.5 billion). Britain’s biggest retailer announced last year it had…
