The director of a company at the center of a probe into the sale of counterfeit plane parts pleaded guilty to a charge of fraudulent trading. AOG Technics Ltd.’s director, Jose Alejandro Zamora Yrala, appeared at Southwark Crown Court on Monday wearing a blue suit and tie, speaking only to confirm his name and enter … Read more
Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday. Hewlett Packard is seeking to recoup its losses from Lynch, who died last year when his luxury yacht sank … Read more
The UK’s biggest banks are gearing up for yet another fight with regulators over how they’ll compensate consumers who were missold car loans — even after they set aside an additional £1.5 billion to resolve the saga in recent weeks. Barclays Plc on Wednesday said it had roughly quadrupled the amount of cash it has … Read more