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Tag: fine

15Feb

U.S. Commerce Dept Fines Applied Materials $252M Over Illegal Exports to China

The U.S. Department of Commerce on Wednesday announced a $252 million settlement with Applied Materials for illegally exporting chipmaking equipment to China's top chipmaker, Semiconductor Manufacturing International Corp. As per…
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09Feb

Israel to fine El Al $39m for excessive fares during Gaza war

Israel's Competition Authority said on Sunday it planned to levy a fine of 121 million shekels ($39 million) on flag carrier El Al Israel Airlines for setting excessive and unfair…
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27Dec

Indonesia Flags $8.5B in Potential 2026 Fines From Illegal Palm Oil, Mining Operations

Indonesia has identified potential fines amounting to $8.5 billion that the government could collect in 2026 from palm oil companies and miners operating illegally in forest areas, the country's attorney…
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19Dec

Australia fines ANZ $165M for mishandling government bond deal, other misconduct

A Federal court has imposed a A$250 million ($165.25 million) penalty on lender ANZ Groupfor mishandling a A$14 billion government bond deal and other systemic failures that harmed taxpayers and…
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05Dec

Elon Musk’s X fined $140 million for breaching EU online content rules

Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark…
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