Rinehart's Company Must Pay Millions in Royalty Ruling
Western Australia's Supreme Court has ruled Hancock Prospecting owes hundreds of millions in royalties to Wright Prospecting in a 15-year mining dispute over Pilbara tenements.
Category : Corporate
Hancock Prospecting Loses Royalty Case to Wright Family
Gina Rinehart's Hancock Prospecting loses landmark court case, forced to pay Wright Prospecting half of royalties from Hope Downs iron ore project, worth hundreds of millions.
Gina Rinehart Loses Court Battle, Must Share Wealth
A 15-year legal feud ends with Gina Rinehart ordered to share royalties from her iron ore empire, raising questions about family reconciliation and her future as Australia's richest person.
Standard Life Buys Aegon UK for £2bn to Create Savings Giant
Standard Life has purchased Aegon UK for £2 billion, creating a retirement savings leader with nearly 16 million customers and £480 billion in assets under administration.
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Bankrupt Tycoon's Theme Park Dream Ends in Court Chaos
Kuwaiti investor Abdulla Al-Humaidi's £3.5bn 'Dartford Disneyland' project collapses, leaving creditors chasing assets amid bankruptcy proceedings and court battles over transparency.
Debbie Crosbie: Vindicated Leader or Mutual Model Disruptor?
Nationwide Building Society has been crowned Britain's best bank, raising questions about CEO Debbie Crosbie's controversial leadership, aggressive dealmaking, and whether her success comes at the cost of traditional mutual values.
MHA Chief Urges More Accountants to Consider IPOs
The head of MHA, a UK accountancy network, calls for increased IPOs among accounting firms to boost growth and competitiveness in the financial sector.
Citi Fights to Move Andy Sieg Harassment Case from NY Courts
Citigroup is aggressively contesting jurisdiction in a sexual harassment lawsuit against executive Andy Sieg, seeking to transfer the case from New York to potentially more favorable legal venues.
Ex-Lafarge CEO Gets 6 Years for Terror Financing
A French court fines Lafarge over €1m and jails ex-CEO Bruno Lafont for paying nearly €5.6m to Islamic State and other terror groups to keep its Syria plant operational during the civil war.
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Gina Rinehart Court Verdict on Billion-Dollar Mining Fortune
Australia's richest person, Gina Rinehart, awaits a court ruling on whether she must share royalties from Hancock Prospecting's lucrative iron ore projects with rival heirs and family members.
Kevin Warsh's $100M Assets Revealed in Fed Nomination Filing
Kevin Warsh, Donald Trump's nominee to lead the Federal Reserve, has filed financial disclosures showing assets exceeding $100 million, including major investments and consulting fees, as his Senate confirmation faces delays and political hurdles.
Evergrande Founder Pleads Guilty to Fraud in China Trial
Hui Ka Yan, founder of the collapsed property giant Evergrande, has pleaded guilty to fraud and other charges in a Shenzhen court, marking a dramatic fall for China's once-richest man.
JP Morgan Profits Beat Target as Dimon Issues Risk Warning
JP Morgan reports $16.5 billion Q1 net income, up 13%, driven by investment banking boom. CEO Jamie Dimon cautions about geopolitical tensions and economic uncertainties despite strong performance.
JPMorgan Q1: Investment Banking Fees Jump 28%
JPMorgan's dealmakers and traders exceeded market expectations with strong first-quarter gains, fueled by a 28% rise in investment banking fees to $2.9bn.
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HSBC's Top Investment Banker in Europe, Americas to Depart
HSBC's leading investment banker overseeing Europe and the Americas is set to leave the bank, marking a significant shift in its senior leadership and global strategy.
BlackRock Profit Jumps 46%, Inflows Hit 5-Year High
BlackRock reports a 46% surge in profit, driven by record quarterly inflows of $110 billion, marking its strongest performance in five years amid market volatility.
Barclays, Deutsche at High Risk from Private Credit Losses
Bloomberg Intelligence warns Barclays and Deutsche Bank are most exposed to private credit losses, with potential €12.6bn hit to European banks' profits. Jamie Dimon raises transparency concerns.
Imperial Brands Pivots to Vapes as Tobacco Demand Falls
Imperial Brands is banking on next-generation products like vapes and heated tobacco to drive growth as traditional cigarette sales decline and ethical concerns deter investors from tobacco stocks.
Wall Street Bonuses Outpace City of London in 2025
Wall Street bankers have reclaimed the lead in bonus payments, with average awards reaching $154,344 in 2025, while City of London bonuses grew at a slower 3.5% rate. Industry-wide bonus growth fell short of bullish expectations despite record banking pro
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ING Hires Barclays Veteran for EMEA Emerging Markets Credit Trading
ING has recruited a senior Barclays executive to head its EMEA emerging markets credit trading division, aiming to strengthen its market position and expertise in high-growth regions.
MHA CEO: Private Equity Competitors Face Tough Times
MHA CEO Rakesh Shaunak discusses the firm's IPO journey, market volatility, and why private equity rivals are struggling while MHA remains well-positioned for growth.
Senior Leaders: Happiest Yet Most Miserable Staff
A new Gallup report finds senior leaders report highest engagement but also highest stress and loneliness, highlighting structural issues in leadership roles.
Oasis Ticket Scammer Fined £40 for £4,000 Fraud
A conwoman who sold fake VIP Oasis tickets to pay council tax debts has been fined just £40 after defrauding 11 superfans out of £4,000 for the band's reunion tour.
LSEG Names Omkar Head of Global Sponsors and Investors
The London Stock Exchange Group has appointed Omkar as Head of Global Sponsors and Institutional Investors, a key role in its corporate strategy and market expansion efforts.
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Binky Felstead Accused of Seeking Wedding Freebies from Businesses
Made in Chelsea star Binky Felstead faces criticism as multiple businesses accuse her team of requesting free services for her wedding in exchange for social media exposure, sparking debate about influencer ethics.
Fraudster fined £40 for fake Oasis Wembley tickets scam
Rosie Slater exploited connections to sell counterfeit Oasis concert tickets, defrauding 11 people of £4,000. She received a community order and fines.
Goldman Sachs Deal Fees Jump 48% on M&A Boom
Goldman Sachs reports a 48% increase in deal fees, driven by a global M&A boom, as the investment bank capitalizes on surging corporate transactions and market volatility.
Saba Wins Edinburgh Trust Vote, Attacks Board as 'Out of Touch'
Saba Capital, led by Boaz Weinstein, has won a crucial shareholder vote against Edinburgh Worldwide Investment Trust, accusing its board of poor performance and disconnect from investors.
Perella Weinberg to Acquire UK Boutique Gleacher Shacklock
Perella Weinberg Partners expands its European footprint by acquiring Gleacher Shacklock, a UK boutique advisory firm, enhancing its M&A and restructuring capabilities.
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JCB Heir: Inheritance Tax Could Force Business Overseas
Jo Bamford, heir to the JCB fortune, warns that new inheritance tax rules on family firms could force his business empire to relocate abroad, threatening British jobs and investment.
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