Fines

Social media companies could be fined more than $30 million if they fail to keep children off their platforms, under new laws before the Australian Parliament on Thursday. The legislation would force social media companies to take steps…

A Russian court has fined Google an astronomical $20 trillion — an amount that significantly exceeds the world's total money supply — after the tech giant banned accounts belonging to several pro-Kremlin TV channels on YouTube. The…

Written by Luciana Magalhaes SAO PAULO (Reuters) - Brazil's Supreme Court said on Friday that lawyers representing social media platform Payment of the fines, which X's lawyers said the company had properly paid, was the only remaining…

SAO PAULO/BRASILIA (Reuters) - The Brazilian Supreme Court said on Friday that social media platform X needs to pay just over $5 million in outstanding fines in order to resume its service in the country, according to a court document.…

Chief executives of public and private companies face a Sh3 million fine and up to 24 months in prison for failing to set up a whistleblower system, the attorney general's office said in a draft bill, as the government makes fresh efforts…

The US Securities and Exchange Commission is making headlines after a report revealed that it has carried out an unprecedented crackdown on the cryptocurrency industry: Fines it imposed on cryptocurrency companies jumped to a…

PARIS (Reuters) - Europe's car industry could face fines of up to 15 billion euros ($17.4 billion) over carbon emissions as demand for electric vehicles slows. Renault "The EPA's chief executive, Luca de Meo, said on Saturday:…

In a major turn of events, the payment giant has requested a halt to financial sanctions. Ripple Labs As its long legal dispute with the U.S. Securities and Exchange Commission (SEC) continues. Ripple Takes Bold Step With…

BENGALURU (Reuters) - India's central bank said on Friday it had imposed a fine of 24.1 million rupees ($288,000) on Visa Inc for using an unauthorised method to transfer payments. “It has been observed that the entity (Visa) has…

Britain's accounting watchdog, the Financial Reporting Council, has imposed a record £48.2m in fines over the past year, after completing several high-profile investigations, including audits of Carillion and London Capital &…