As trial enters its second week in a landmark case against S&P Global, a judge has signed off on a settlement of a separate class action against the U.S. credit ratings agency over its alleged role in the global financial crisis.
The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.
Biogen said Thursday it will pull its multiple sclerosis drug Zinbryta in Australia, nearly two weeks after the biotech company issued a worldwide withdrawal of the drug following reports of encephalitus in Europe.
Herbert Smith Freehills has suspended an Australian partner and intends to remove him from the partnership within a week after multiple allegations of sexual harassment were made, the firm said Friday.
The ACCC wants the public to weigh in on Saputo’s offer to sell its Koroit dairy plant in Victoria to win the regulator’s blessing for its $1.3 billion tie-up with Murray Goulburn.
Australia’s communications regulator released new proposed rules today for telcos on handling consumer complaints about migration to the National Broadband Network.
A BHP subsidiary acted unreasonably when it failed to consider alternative work for an incapacitated employee and instead sent him home without pay for three weeks, a Fair Work Commissioner has found.
Volkswagen cars equipped with a software fix implemented in the wake of the emissions scandal are still emitting 400 percent more noxious emissions on road than in lab tests, according to a new study by the Australian Automobile Association.
Australia’s largest banks are weak when it comes to offering competitive prices on residential mortgages, Australia’s consumer regulator said Thursday in the first review undertaken by its newly formed financial services unit.
The Australian Competition and Consumer Commission said Thursday that Pacific National’s proposed acquisitions of Aurizon’s Queensland intermodal freight haulage business and intermodal rail terminal at Acacia Ridge in Brisbane raises significant competition concerns.