United States
Compliance
Ecuador’s ex-comptroller general sentenced to 10 years in prison for accepting bribes from Brazilian Odebrecht.
SEC charges three in $120m Pre-IPO fraud scheme.
Economy
In some positive news for the US and world economy the “biggest work stoppage of its kind in nearly half a century” at the US East Coast ports has ended and appears to be heading toward a longer term resolution.
ESG
President Biden has signed legislation that will exempt some US microchip manufacturing facilities from federal environmental reviews.
Nasdaq’s board diversity rules faces scrutiny by the attorneys general of 22 states.
Private equity firms called out for 1.2 gigatons of fossil fuel emissions.
Technology
GM’s self-driving subsidiary has reached a settlement with the National Highway Traffic Safety Administration and will pay $1.5m fine for not disclosing details of San Francisco accident.
European Union
Economy
EU member states will impose 45% tariffs on Chinese EV imports in response to alleged Chinese state subsidies to the automotive sector.
Technology
Shortage of skilled workers is hampering the rapid growth of datacentres in Europe.
Singapore
The investigation into Singapore’s former transport minister that resulted in a sentence for graft has led to charges against property tycoon.
United Kingdom
The UK’s Crown Prosecution Service has contacted individuals who may be charged in connection with the bribery probe of Entain’s former Turkish subsidiary.