MLex

2 days ago | mlex.com | Nicholas Hirst |Andrew Boyce

By Nicholas Hirst and Andrew Boyce ( June 26, 2025, 16:17 GMT | Comment) -- There is an obvious way for Mars to solve EU competition concerns over its acquisition of Kellanova: Sell off various brands to reduce its bargaining power in negotiations with European retailers.

2 days ago | mlex.com | Martin Coyle |Sofia Gerace

By Martin Coyle and Sofia Gerace ( June 26, 2025, 11:06 GMT | Insight) -- Former Barclays boss Jes Staley has lost his bid to overturn a ban from the UK’s financial services industry following a UK tribunal ruling today, but was given a reduced fine in the case. The former chief executive faced off against the UK’s Financial Conduct Authority earlier this year at the Upper Tribunal in London as he fought to salvage his reputation over his links to disgraced US financier Jeffrey Epstein.

3 days ago | mlex.com | Maria Dinzeo

By Maria Dinzeo ( June 26, 2025, 00:39 GMT | Insight) -- Google is seeking to bar jurors from hearing what it calls irrelevant or highly prejudicial evidence and testimony — and to split an upcoming privacy trial into two phases — in a high-stakes case that could expose the company to billions in damages and reshape how it tracks user activity through apps.

3 days ago | mlex.com | Samuel Rubenfeld

By Samuel Rubenfeld ( June 25, 2025, 22:37 GMT | Insight) -- The US Treasury Department used new anti-fentanyl authorities to identify two Mexican banks and a Mexican brokerage as being of primary money laundering concern in connection with opioid trafficking.

3 days ago | mlex.com | Andrew Boyce

By Andrew Boyce ( June 25, 2025, 16:31 GMT | Insight) -- US food giant Mars has drawn an in-depth EU probe into its $35.9 billion acquisition of snacks maker Kellanova. The European Commission voiced concerns that the deal may lead to higher prices as a result of Mars’ “increased negotiating power toward retailers.”US food giant Mars has drawn an in-depth EU probe into its $35.9 billion acquisition of snacks maker Kellanova....