Top Stories

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  Credit Suisse Life Fights $607M Liability To Ex-Georgian PM

  By Lucia Osborne-Crowley

  The Bermudan life insurance arm of Credit Suisse challenged court findings Monday that it owes $607 million in d...(read more)

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  Billionaire Accuses India Of Orchestrating His Kidnap, Torture

  By Ronan Barnard

  Billionaire Mehul Choksi accused the Indian government in a London court Monday of orchestrating his "appalling ...(read more)

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• Mozambique Wins Bid To Add Safa Heirs In $1.9B Dispute

  By Ronan Barnard

  A London judge ruled Monday that Mozambique should be allowed to add the heirs of shipbuilding magnate Iskandar Safa to the government's claim over a bribery scheme as it seeks to enforce a $1.9 billion damages award.

• Venom Singer Claims Copyright Over Band's Satanic Designs

  By Sophia Dourou

  Heavy-metal singer Conrad Lant insisted on Monday that he was the creator of designs associated with the band Venom, as he gave evidence in his dispute with former bandmate Anthony Bray and a music distributor over branded merchandise.

• Trader Says US Extradition For $12M Fraud May Be 'Terminal'

  By Christopher Crosby

  A British trader wanted in the U.S. for allegedly defrauding investors as part of a $12 million "pump and dump" scheme told a London judge on Monday that his poor health should prevent his extradition on human rights grounds.

• Norwich FC Staffer Unfairly Sacked Over Russell Brand Jokes

  By Tabitha Burbidge

  A former Norwich City Football Club steward was unfairly dismissed for sharing with a senior staffer potentially sexist and racist memes about politicians Diane Abbott and Nicola Sturgeon that referenced allegations against comedian Russell Brand, according to an employment tribunal ruling published Monday. 

• Air India Crash Likely To Cost Insurers $200M

  By Martin Croucher

  The insurance market could see a $200 million loss from the crash of Air India flight AI171, a data analytics firm said Monday, contributing to a hardening in the commercial aviation market.

• FCA Sees 'More To Do' In Reshaping Regulation For Growth

  By Martin Croucher

  The Financial Conduct Authority responded Friday to parliamentary calls for more growth-oriented regulation, saying that it is exploring new ways to boost Britain's international competitiveness on top of the steps it has already taken.

• Everbright Exec Testifies He Trusted Media Biz's Financial Info

  By Sophia Dourou

  An executive of the Chinese financial services firm Everbright testified Thursday that a sports media rights business was portrayed as "well performing" before a joint venture acquired a majority stake, only to later discover its financial health was allegedly inflated.

• TATA AIG Leads Insurance Cover For Air India Crash

  By Martin Croucher

  TATA AIG General Insurance Co. Ltd. is the lead insurer for hull and liability on the Air India flight that crashed just after take off in Ahmedabad, India on Thursday, according to two sources with direct knowledge of the situation.

• 5 Questions For Howard Kennedy Partner Rebecca Hume

  By Alex Davidson

  The U.K government is putting crypto-assets at the heart of its growth agenda, relying on the Financial Conduct Authority to shore up regulation of the sector.

• EuroChem Fights Banks Over €212M Bonds In Sanctions Row

  By Sophia Dourou

  A Russian subsidiary of fertilizer producer EuroChem accused two European banks of using the pretext of sanctions imposed after the invasion of Ukraine to "never" pay out on €212 million ($244 million) in bonds, on the first day of a High Court trial Wednesday.

• UK's Top Court Limits Role Of Early Release In Extraditions

  By William Janes

  Britain's highest court ruled Wednesday that U.K. judges should attach little weight to other countries' prison early release programs when they decide whether to extradite inmates, saying that it would be "usurping" the role of overseas judges.

• McDonald's Wins Big Mac TM Battle With Irish Fast Food Biz

  By Jamie Lennox

  McDonald's has persuaded European Union officials to block two trademark applications from Supermac's, an Irish fast food chain, leaving its opponent in a pickle after proving there was a risk of confusion with its "Big Mac" branding.