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Alba , Alcoa agree to settle bribery suitAlba 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 More… |
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Samsung hits back at AppleSamsung 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 More… |
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Apple fires back at Nokia in patents battleApple, 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 More… |
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Saudi group files $10bn suit against Saad chiefSaudi 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. More… |
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Dubai ruling family members face $1.9bn suitA 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 More… |
