Bloomberg said that there are documents obtained by a US congressional committee that proved General Motors Co opted out of implementing a planned fix as an internal expert deemed the fix too costly for the automaker.
The Philippines has officially defended its claims on waters and islands within 200 nautical miles by filing a claim with the Permanent Court of Arbitration of the United Nations in The Hague against China yesterday, Bloomberg said.
Legal experts have said that as the patent dispute continues between Apple and Samsung, the two companies are expected to duke it out in court to legally assert who is leading the mobile market race.
The Financial Conduct Authority in the UK has outlined its plans to investigate several potential market abuses, which include circumstances leading to the benchmark rate-rigging conspiracy between traders, Bloomberg said.
