Tag Archives: Watchdog

Watchdog threat to RBS over treatment of small business customers

The RBS logo hangs behind glass at the bank’s headquarters in London. Photograph: Andy Rain/EPA The Financial Conduct Authority is considering whether it can take action against Royal Bank of Scotland over the way it treated its small business customers in the five years after the 2008 banking crisis. Publishing a summary of a report it commissioned on the bank’s controversial global restructuring group ... Read More »

China’s Consumer Watchdog Asks Apple to Respond to iPhone Fire, Explosion Complaints

Several Chinese iPhone users have claimed that their handsets caught fire or exploded, according to a Shanghai consumer watchdog which called on tech giant Apple to address the complaints. Fresh on the heels of Samsung’s worldwide Galaxy Note 7 safety fiasco, the state-run Shanghai Consumer Council said it had received eight reports in recent months of iPhones that spontaneously combusted ... Read More »

Monsanto India Falls 4% as Competition Watchdog Orders Probe

Mumbai: Shares of agri-biotechnology major Monsanto India fell by 4 per cent today after fair trade regulator CCI ordered a detailed probe against its US-parent joint venture Mahyco Monsanto Biotech India Limited (MMBL). Finding prima-facie violation of competition law, CCI has ordered a detailed probe into alleged abuse of dominance by the Indian arm of the US-based genetically modified seed ... Read More »