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US court orders Bayer to pay $2bn in damagesBayer AG, the German chemicals and healthcare company, has been ordered to pay out more than $2 billion to a couple who claimed the company’s glyphosate-based Roundup weed killer caused their cancer. The verdict of a Califor More… |
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Tremor rocks Philippines' island, no damages reportedA strong earthquake of magnitude 6.3 struck off the Philippine's Mindanao island on Saturday, sending hotel guests and construction workers running from buildings in Davao, but there were no immediate reports of damage. The US More… |
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Malaysia Airlines settles damages with MH17 victimsMalaysia Airlines has struck a deal to settle damages claims for most victims of its MH17 flight that was shot down over eastern Ukraine two years ago on Sunday, Dutch national broadcaster NOS reported. NOS cited Veeru Mewa, a law More… |
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Kuwait seeks $1bn damages over Olympic banKuwait 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 More… |
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Etisalat unit ordered to pay $450m in damagesAn 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 More… |
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JPMorgan in $388m damages settlement dealJPMorgan 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 More… |
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Record $23bn damages awarded against RJ ReynoldsA 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 More… |
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HSBC revenues sag, may face $1.6bn US lawsuit hitHSBC 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 More… |
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Kharafi wins $930m damages from LibyaLibya 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 More… |
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Kuwait pays $2.2bn in damages to Dow ChemicalsDow 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. More… |
