Business

A landmark U.S. Supreme Court decision in 2013 that made it all but impossible to sue foreign companies in U.S. courts for alleged roles in overseas human rights abuses is proving to be a boon for U.S. firms too, court documents show.

The surging popularity of inexpensive radio-controlled airplanes and helicopters raises risks that require a firm response from regulators to ensure safety, the head of a leading commercial aviation trade group told Reuters.

A court in eastern China has accused the former chairman of state-owned Bright Food Group Co Ltd [SHMNGA.UL] of embezzling some $31 million and of accepting bribes, state media reported.