Vodafone has been served with a 250 million euro ($343.26 million) lawsuit for allegedly breaching its contracts and causing harm to a Greek retail partner, the Financial Times reported late on Sunday.
The FT, citing claims it had
HSBC posted lower than expected earnings on Monday and said it might have to pay $1.6 billion in damages over a US lawsuit, reviving concerns over legacy issues and growth prospects at Europe's biggest bank.
Its shares fell mo
Dubai Group, a struggling unit of the ruler of Dubai's personal investment firm, has settled with banks who brought legal action against it to secure repayment of their share of $10 billion of debt, raising hopes a wider restructuring can no
Abu Dhabi Commercial Bank (ADCB) has settled a $107.13-million legal claim it filed against indebted Zabeel Investments, which is owned by the crown price of Dubai, two sources said.
ADCB sued last month saying Zabeel, which has h
Dutch sportscar maker Spyker is suing General Motors for more than $3 billion on behalf of its subsidiary Saab, accusing the US automaker of deliberately bankrupting the Swedish group by blocking a deal with a Chinese investor.
A Brazilian federal prosecutor on Tuesday launched his second 20-billion-real ($10.9-billion) lawsuit against US oil company Chevron and driller Transocean, doubling the stakes against the companies as critics assailed him as overzealous.
A group of US airlines has dropped its private lawsuit challenging a European Union law charging airlines for carbon emissions on flights to and from Europe, calling on the US government to take over the issue.