U.S. District Judge Denise Cote would be exposing new restrictions on its ebook retail unit and will appoint an external monitor to oversee Apple would not be violating antitrust laws.
Legal & Regulatory
Carnival Corporation to invest USD180 million to comply with EPA air emission standards
Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
Australia, Norway governments face defeat in polls despite booms- Reuters
Reuters reported that that the ruling governments of Australia and Norway would face possible defeat in polls set for this month.
Kazakh President confirms signing of 22 agreements with China worth USD 30 billion
President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.
Reserve Primary Fund lawsuit reaches settlement worth USD 54.5 million
Bruce Bent and the Reserve Primary Fund management agreed to settle with their shareholders for USD 54.5 million.
Latest News
The buyout of Onyx Pharmaceuticals was tainted with conflicts of interest and undervaluation, according to its shareholders.
EU Competition Commissioner Jaoquin Almunia said that it would discuss a state bailout for Italian bank Monte dei Paschi di Siena with the country's Economy Minister on Saturday.
Mark Thompson of NY Times accused BBC chief Chris Patten of misleading the British Parliament after large payments for the broadcaster's staff were made after they departed the firm.
Natalie Gordon, a shareholder at Verizon Communications filed a lawsuit against the company claiming that the deal with Vodafone Group Plc was overpriced.
Judge Cole issues an injunction for Apple's activities in price manipulation of ebooks. An injunction was entered last Friday against Apple by the US judge that found Apple to have conspired to control e-book prices.
Deutsche Telekom had applied for a sports betting license and is currently reviewed by the Interior Ministry of the German state of Hesse.
Brazil, Russia, India, China and South Africa have all agreed to create a USD100 billion fund as buffer for financial shocks.
The Head of the Central Bank of China said the country had measures to cope with the expected pullback of the US monetary stimulus.
Edge Products filed for bankruptcy, a court filing showed. A court filing revealed that Edge Products had filed for bankruptcy under Chapter 11. The company is a manufacturer of aftermarket performance electronics for vehicle industry.
