Wednesday 24 August 2016
 
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Lawsuit

Volkswagen faces billions in penalties

The US Justice Department on Monday filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles. The allegations

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Volkswagen faces billions in penalties

The US Justice Department on Monday filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles. The allegations

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US Muslim teen held over clock seeks $15m

The family of a Texas Muslim teenager arrested for bringing a homemade clock that was mistaken for a bomb to school demanded $15 million in damages and an apology from the city of Irving and its schools to avoid a lawsuit, lawyers said on Monday

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Passenger sues Etihad over back injury

An Australian man has filed a lawsuit against UAE-based Etihad Airways for back injuries sustained by being seated next to an overweight man on a 14-hour flight from the Emirates to Sydney. James Bassos said he was forced to twist and c

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Saudi records 47pc increase in divorce lawsuits

Saudi Arabia’s Justice Ministry has recorded a 47 per cent increase in lawsuits brought by women to divorce their husbands over the past year, according to a report. More than 2,000 cases, known as hula, took place until the

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Arab Bank’s 9-month net up 10pc to hit $614m

Arab Bank Group reported net profit after tax and provisions for the nine months period ending September 30 of $614.2 million, up by 10 per cent from $559.1 million in the same period last year. Sabih Masri, Arab Bank’s chai

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Jordan backs Arab Bank after Hamas case

Jordan's central bank said it backed Arab Bank was confident in its ability to defend itself against a US ruling which found the country's top lender liable for financing Islamic militant group Hamas. The US civil lawsuit

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Batelco wins $211m from Indian partner

A British court has ruled in Batelco's favour, ordering the Bahraini telecom operator's former Indian partner to pay it $211.1 million for failing to fulfil a previous agreement, a statement to Manama's bourse said on Monday.

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US finalising lawsuit against Citigroup

The US Justice Department is finalising a lawsuit against Citigroup over the bank's sale of residential mortgage-backed securities after negotiations to resolve the matter broke down. Two people with direct knowledge of the ma

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Malaysian Airlines, Boeing face lawsuit in US

Malaysian Airlines and Boeing Co are facing a potential lawsuit over the Beijing-bound flight that disappeared more than two weeks ago with 239 people on board, according to a law firm representing passengers' families. A peti

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