A data center glitch at the heart of the world’s futures markets offered a big reminder Friday that even the most sophisticated financial systems can hinge on something as ordinary as indoor temperature.
Italian consumers have been hearing a familiar story lately of ordering one thing online, receiving another or receive nothing at all. This week, Italy’s competition regulator decided enough was enough.
Europe’s lawmakers say they’ve seen enough. After a disturbing scandal in France involving child-like sex dolls and weapons sold on Shein’s marketplace, Members of the European Parliament (MEPs) are demanding the European Commission stop negotiating and start enforcing the rules.
Apple has taken its dispute with India’s competition watchdog to the Delhi High Court, a move first reported by Reuters, arguing that the country’s tougher penalty rules could expose the iPhone maker to fines as high as $38 billion.
The European Parliament has backed more breathing room for companies facing the EU Deforestation Regulation (EUDR), voting to push key compliance dates into 2026 and 2027 while simplifying due diligence rules. The goal is to give organizations time to adapt, but the politics around deforestation-free supply chains are now more contentious than ever, and certainty remains elusive.
Federal officials have closed out the week with a one-two punch against False Claims Act misconduct, showing us how fraud takes different forms across the government programs millions of Americans rely on. One case centers on pandemic-era laboratory testing that investigators say sidestepped medical necessity and relied on kickbacks to fuel volume. The other involves international mail delivery, where logistics records were allegedly massaged to secure payments for timely performance that didn’t occur.
The UK Serious Fraud Office (SFO) has recently released updated guidance explaining how it evaluates corporate compliance programs during investigations and enforcement decisions, including newly added standards related to the “failure to prevent fraud” offense introduced under the Economic Crime and Corporate Transparency Act 2023 (ECCTA).