Pedro Pascal in Legal Fight with Chilean Pisco Brand
Actor Pedro Pascal is engaged in a legal dispute with a Chilean pisco merchant over the brand name Pedro Piscal, highlighting a trend of Chilean businesses using Hollywood-inspired names.
Category : Corporate
Gina Rinehart Loses Millions in Court Battle
Australia's richest person, Gina Rinehart, has been ordered to share her fortune after a 15-year legal battle with rival heirs, resulting in a loss of hundreds of millions of dollars.
Europe's Future Wealth Leaders Urge Calm Amid Uncertainty
A new report reveals that Europe's emerging wealth leaders are advocating for a 'keep calm and carry on' approach, focusing on long-term strategies and resilience in the face of economic challenges.
Levi Roots' 'Deep Regret' Despite £30M Dragons' Den Success
Levi Roots, who turned a £50,000 Dragons' Den investment into a £30 million fortune, opens up about his career regrets and future expansion plans to the US.
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Euronext CEO Pay Jumps 49% After Stock Windfall
The CEO of Euronext saw a 49% increase in total compensation, driven by a significant stock windfall, according to a report from Institutional Shareholder Services.
Deutsche Bank Forms New Ultra-High-Net-Worth Unit
Deutsche Bank has established a new unit in London to serve ultra-high-net-worth clients, aiming to enhance its private banking services and expand its market presence.
Tilray Targets $1 Billion Brewdog Valuation with Revamp Plan
New owner Tilray plans significant investment to make Brewdog profitable by 2027 and restore its billion-dollar valuation after the craft beer brand's dramatic fall from grace.
Live Nation and Ticketmaster Found Guilty of Monopoly
A Manhattan federal jury has ruled that Live Nation and Ticketmaster hold a harmful monopoly over major concert venues, following a lawsuit by dozens of US states. The verdict could lead to significant changes in the ticketing industry.
Allbirds Rebrands as NewBird AI, Shares Surge 582%
Allbirds, the wool sneaker maker, announced a pivot to artificial intelligence, rebranding as NewBird AI. This move sent its stock up 582% in a dramatic turnaround for the struggling company.
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Wall Street Banks' $4.8bn M&A Fee Haul Shows Animal Spirits
Wall Street banks have amassed $4.8 billion in M&A fees this year, indicating strong corporate dealmaking activity and sustained animal spirits in the financial markets despite economic uncertainties.
Beauty Tech Group Profits Jump After London IPO
The Beauty Tech Group reports stronger-than-expected annual results with revenue up 39.4% and profits surging after its London Stock Exchange listing, driven by international demand for at-home beauty devices.
JPMorgan Hikes London Banker Bonuses by 19%
JPMorgan Chase has increased bonuses for its top London investment bankers by 19% this year, reflecting intense competition for talent in the financial sector.
Dolce & Gabbana's Future After Stefano Gabbana's Departure
Stefano Gabbana's exit after 40 years marks a pivotal moment for Dolce & Gabbana, as the brand faces financial challenges and a shifting luxury market. This article explores the implications of founder splits and strategies for renewal.
SantaCon Founder Accused of Charity Fraud for Personal Gain
Stefan Pildes, founder of SantaCon, faces wire fraud charges for allegedly using $2.7 million in charity donations to fund luxury apartments, vacations, and personal expenses instead of charitable causes.
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Disney to Cut 1,000 Jobs in Major Restructuring Move
Walt Disney's CEO Josh D'Amaro has announced layoffs affecting 1,000 positions across marketing, studio, television, ESPN, and corporate functions as the company adapts to industry challenges.
Hancock Loses Royalty Fight, Must Pay Wright Half of Hope Downs Profits
Gina Rinehart's Hancock Prospecting loses landmark court case, ordered to pay Wright Prospecting 50% of past and future royalties from Hope Downs iron ore project worth hundreds of millions.
John Hancock Offers Olive Branch to Mother After Court Ruling
John Hancock, son of mining magnate Gina Rinehart, has called for family unity following a Western Australian supreme court ruling that left ownership disputes unresolved but highlighted a 49% inheritance claim.
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.
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.
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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.
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.
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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.
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.
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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.
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