S. Korean banks ask to be freed from liabilities in crypto fraud
Jun 28, 2021 17:22 pm UTC| Digital Currency Law Economy
South Korean banks have asked the financial authorities to free them from responsibilities for money laundering or other fraud involving digital coins. The request from the banks happened due to a recent amendment to...
Seoul court rules Netflix should pay network usage fee
Jun 26, 2021 13:45 pm UTC| Economy Business Law
The Seoul Central District Court ruled that global video streaming giant Netflix should pay network usage fees to and negotiate with SK Broadband. Netflix had requested the court to confirm that it is not liable to pay...
S. Korea's Constitutional Court upholds law banning Tada
Jun 25, 2021 23:13 pm UTC| Economy Law Business
The Constitutional Court ruled that an amendment to the Passenger Transport Service Act that effectively suspended the operations of homegrown ride-hailing service Tada was ruled constitutional. The court said Tadas...
Jun 20, 2021 12:08 pm UTC| Law Politics
It wasnt a dramatic expansion of religious rights not yet. But the Supreme Courts ruling in favor of a Catholic adoption agency that had been excluded from Philadelphias foster programs for refusing to work with same-sex...
Supreme Court: Cocoa slaves can’t sue US firms for lack of standing
Jun 18, 2021 15:08 pm UTC| Law Economy Business
The US Supreme Court ruled that Africans enslaved on cocoa farms have no right to sue chocolate processors in the US, such as Nestle and Cargill, reversing lower courts in a 15-year-old case. In an 8 to 1 decision, the...
Cannabis dispensary Budway ordered to pay sandwich chain Subway $32,000 for trademark infringement
Jun 17, 2021 08:46 am UTC| Law Economy Business
A US Federal Court has ordered Vancouver cannabis dispensary Budway to pay US$32,000 for infringing on the trademark of sandwich chain Subway through its logo and mascot. The Budway logo looks strikingly similar to...
Automakers go to trial to challenge Massachusetts' 'Right to Repair' law
Jun 16, 2021 09:33 am UTC| Economy Law Business
Trade group Alliance for Automotive Innovation, representing GM, Fiat Chrysler, and several other automakers took the witness stand to contest Massachusetts Right to Repair law requiring automakers to provide expanded...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects