Kuwait is seeking $1 billion in damages from the International Olympic Committee (IOC) for banning the country from international competitions, state news agency Kuna reported.
The IOC suspended Kuwait in October 2015, accusing th
An African subsidiary of Etisalat has been ordered to pay 413 million euros ($450.9 million) in damages to a minority shareholder in Telecel Benin, the Abu Dhabi-listed telecom operator said on Wednesday.
Atlantique Telecom, which
JPMorgan Chase & Co agreed to pay $388 million to settle a suit by investors claiming that the largest US bank had misled them about the safety of $10 billion worth of residential mortgage-backed securities it sold before the financial crisi
A Florida jury has awarded the widow of a chain smoker who died of lung cancer 18 years ago record punitive damages of more than $23 billion in her lawsuit against the R J Reynolds Tobacco Company, the nation's second-biggest cigarette maker
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
Apple Inc has asked for a court order for a permanent US sales ban on Samsung Electronics products alleged to have violated its patents along with additional damages of $707 million on top of the billion-dollar verdict won by the iPhone maker la
Apple Inc scored a sweeping legal victory over Samsung on Friday as a US jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the US company $1.05 billion in damages.
The verdict -