ICSID ordered Venezuela to pay Vestey Group close to $100 million (£70 million) for taking over its ranch. The decision gives more pressure to country which has been burdened by continuous plunge of oil price.
Securities and Exchange Commission announced Thursday to extend testing on its LULD plan. The program was designed to inhibit excess volatility in domestic securities market.
TRAVELLERS reported that its first-quarter results were hurt by recent catastrophe in the Texas. Storm losses for the insurance industry are expected to reach $1.36 billion.
Uber has agreed to pay $100 million and apply policy changes to settle with lawsuits filed by its drivers. The settlement will affect 385,000 drivers in Massachusetts and California that are represented in the cases.
