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U.S. Supreme Court spurns Google bid to avoid shareholder lawsuit

U.S. Supreme Court spurns Google bid to avoid shareholder lawsuit

by AIP Online Bureau | Mar 8, 2022 | International News, Technology

The lawsuit, led by the state of Rhode Island, was filed after the Wall Street Journal published an article in October 2018 that said Google concealed the exposure of private data for nearly 500,000 users of Google+ – a social network owned by Google – because it...

Japan’s top court orders damages for victims of Fukushima nuclear plant in landmark decision

by AIP Online Bureau | Mar 8, 2022 | International News, Policy

Public broadcaster NHK said the average payout of about 380,000 yen ($3,290) for each plaintiff covered three class-action lawsuits, among more than 30 against the utility, which are the first to be finalized A massive tsunami unleashed by an earthquake of magnitude...

AIA buys BEA’s travel and general insurance services unit Blue Cross

by AIP Online Bureau | Mar 8, 2022 | International News, Non-Life, Reinsurance

BEA agreed to sell its medical, travel and general insurance services unit Blue Cross (Asia-Pacific) Insurance and all of its 80% interest in healthcare services unit Blue Care JV (BVI) Holdings to AIA to generate value for shareholders. Asia-focused AIA’s largest...

Environmental groups sue TotalEnergies over climate marketing claims

by AIP Online Bureau | Mar 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The claim, which has been served on TotalEnergies and was to be filed before the Paris Judicial Court, concerns the company’s “reinvention” marketing campaign. Claimants say the campaign broke European consumer law by suggesting TotalEnergies can reach net-zero carbon...

Future Enterprises gets court nod for stake sale in Generali insurance venture

by AIP Online Bureau | Mar 8, 2022 | Indian News, Life, Non-Life

A Mumbai city court late last month put on hold Future’s planned sale of its 25% stake in Future Generali India Insurance Company to Generali for 12.52 billion rupees ($162.82 million), after a legal challenge from some bondholders of Future companies that had...
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