Business

Sports shoe company Vibram reportedly agreed to set aside $3.75 million for customer refunds after a class-action suit accused the company of false advertising, The Washington Post said.

A classified European Union report has warned serious economic implications on Germany from the sanctions imposed on Russia due to the Crimea crisis, the Telegraph said.

Facebook Inc won a small victory today in court yesterday when the US Court of Appeals in San Francisco decided to dismiss the claims made by its users that the social network has violated its own user agreement on privacy, Bloomberg reported.