Sunday 20 April 2014
 
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damages

HSBC revenues sag, may face $1.6bn US lawsuit hit

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

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Kharafi wins $930m damages from Libya

  Libya will have to pay Kuwait's Kharafi group $930 million in damages for former leader Muammar Gaddafi's cancelling of the construction of a vacation resort, Kuwaiti newspapers reported o

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Kuwait pays $2.2bn in damages to Dow Chemicals

Dow Chemical Company has received $2.2 billion in damages from Kuwait's state chemicals company, bringing an end to a more than four-year dispute over a scrapped plastics joint venture.

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Kuwait pays $2.2bn in damages to Dow Chemicals

Dow Chemical Company has received $2.2 billion in damages from Kuwait's state chemicals company, bringing an end to a more than four-year dispute over a scrapped plastics joint venture.

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Apple seeks US Samsung ban, $707m damages

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

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Apple triumphs over Samsung, wins $1bn damages

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 -

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Experts to discuss UAE medical law at congress

Experts will discuss medical law and ethics in the UAE at the 4th Hospital Build & Infrastructure Middle East Exhibition & Congress to be held next month in Dubai. The congress will take place from June 4 to 6. Medical erro

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Bahrain unrest damages ‘still mounting’

Bahrain's economy could have suffered even greater damage than the $800 million losses due to last year’s unrest as estimated in a national report, according to a senior official. That is because figures included in the report only cov

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Lehman sues JPMorgan for billions in damages

Lehman Brothers Holdings has sued JPMorgan Chase & Co, accusing the second-largest US bank of illegally siphoning billions of dollars of assets in the days leading up to its record bankruptcy. The lawsuit filed in Manhattan bankruptcy

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Airlines flock to Boeing for damages

Airlines lined up on Thursday for compensation after Boeing Company announced a further six-month delay for its new 787 Dreamliner plane. Air New Zealand, Air India and Japan's two big carriers were among those eyeing redress along with Vi

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