Legal
German family business Bosch, one of Europe’s largest companies by revenues, has been accused of stealing secret technology from a UK rival, but has denied the allegations.
The world of Indian movies is dominated by songs, dances and drama – lots of it. And now, one family business has found itself in the midst of it all due to the lyrics of a song in an upcoming Bollywood film.
The chair of France’s market regulator reckons LVMH, the luxury group controlled by Bernard Arnault, did not engage in insider trading when building up a stake in fellow family business Hermes.
The family behind Essar Energy, a London-listed subsidiary of India’s Essar Group, appears to have won its battle against a British lobby group that had criticised its corporate governance practices.
Essar Energy, a London-listed subsidiary of Indian family business Essar Group, is confident about its corporate governance principles, despite being criticised by a UK lobby group.
Kim Seung-Youn, chair of South Korean conglomerate Hanwha, has been jailed for four years and fined 5.1 billion Korean won (€3.7 million) after being found guilty of embezzlement.
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