Alba last night announced it had agreed an out-of-court settlement worth $447 million in a racketeering and fraud lawsuit against US-based Alcoa, a major aluminium producer.
The settlement value will be realised in a combination of cash
Samsung Electronics filed patent lawsuits against Apple over the US firm's iPhone and iPad in a tit-for-tat case after Apple claimed Samsung's smartphones and tablets "slavishly" copied its products.
Samsung's counter lawsuit, its first ag
Apple, which makes the iPhone and iPod, has accused Nokia of anti-competitive practices and patent infringement, escalating a legal battle as they fight for market share in smartphones.
Analysts say the dispute, potentially involving hundr
Saudi Arabia's indebted family conglomerate Algosaibi has filed a lawsuit in New York alleging $10 billion in loan irregularities involving billionaire Maan al-Sanea, the head of the Saad Group, the Financial Times reported on Friday.
A Dubai court began a hearing against three members of the emirate's ruling family after businessman sought $1.9 billion in compensation for the alleged seizure of his firm.
The claimant, Shahram Abdullah Zadeh, a Dubai-based Iranian b