Tuesday , 10 February 2026

Recent Posts

Judge dismisses Amazon antitrust lawsuit in DC

Bloomberg A Superior Court judge dismissed Washington’s lawsuit accusing Amazon.com Inc of anticompetitive behaviour, saying there wasn’t evidence supporting the claim that the e-commerce giant inflated prices for consumers. Attorney General Karl Racine sued Amazon last year, alleging it encourages higher-than-necessary consumer prices through policies that guarantee the tech giant a minimum profit on each item sold, while discouraging the …

Read More »

US cites Abramovich’s jet in Russian export breach

Bloomberg The Biden administration identified billionaire Roman Abramovich’s Gulfstream business jet among 100 for apparent violations of the nation’s export controls imposed over Russia’s invasion of Ukraine. The sanctions apply to commercial and private aircraft destined for Russia and Belarus in recent weeks, the Commerce Department’s Bureau of Industry and Security said in a statement. Other planes were listed as …

Read More »

Swiss banks hold $200bn in stashed Russian cash

  Bloomberg Swiss banks may hold more than $200 billion of Russian wealth, the country’s banking lobby estimates, as sanctions shine a spotlight on the extent of Russian wealth stored in overseas vaults. Banks probably hold between 150 billion ($160 billion) and 200 billion Swiss francs of Russian client money in offshore accounts, according to the Swiss Bankers Association. Credit …

Read More »