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Schlumberger Ltd to plead guilty to sanction violations

2015-03-26 06:13:17| Oil & Gas - Topix.net

International oilfield services giant Schlumberger Ltd. has agreed to plead guilty and pay a $232.7 million fine for conspiring to violate U.S. trade sanctions imposed against Iran and Sudan, federal authorities announced Wednesday. The fine represents the largest criminal penalty for violations of the International Emergency Economic Powers Act , federal authorities said.

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Diageo escapes sanction after Beckham Haig Club ad complaints

2015-01-28 13:16:00| Daily beverage news and comment - from just-drinks.com

The UK's advertising authority has rejected complaints over a TV spot for Diageo's David Beckham-based Scotch whisky, Haig Club.

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NetApp sticks biggest "patent troll" with $1.4M fee sanction

2014-10-02 19:45:52| Semiconductors - Topix.net

This summer, the Supreme Court made it easier for defendants to collect fees when they win patent cases. The decision is starting to have an effect-the nation's largest patent troll just got slapped with an order to pay $1.4 million in attorneys' fees to NetApp, which it sued in 2010.

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U.S. chicken farmers latest caught in Russia sanction crosshairs

2014-08-04 17:30:42| Food - Topix.net

Russia's threatened ban on U.S. poultry imports, the latest move in a sanctions skirmish over Moscow's support of rebels in Ukraine, has agriculture companies alert to the risks of a conflict that's already roiled trading of crops ranging from soy, beef and fruit to California pistachios.

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UK 'to feel Russia sanction pain'

2014-07-30 11:07:00| BBC News | Business | UK Edition

The UK will pay a price for Russian sanctions but the "pain" will be shared across the EU, says Philip Hammond.

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