The European Commission said in a statement on Wednesday that it will be resolving an investigation on Google, which was launched following concerns by complainants across Europe on the search engine company's potential antitrust violations.
Following a series of investigations launched by US, UK and Swiss regulators on claims that foreign exchange rates are being rigged, majority of the top banks had taken steps like allocating costs for future settlement and dismissing traders to curb the effects of the financial scandal.
Tech giants Apple Inc and Samsung Electronics Co are expected to provide a leaner list of patents both companies claimed to have been violated by each other. Information Week believes that it is most likely that the two companies will not come to an understanding after the March 31 hearing.
According to the solicitor acting for the Iranian bank Bank Mellat, Sarosh Zaiwalla, the UK government needs to honor the supreme court ruling that lifted all sanctions against Iran with regard to trading in the UK. The bank is reportedly asking for as much as £1 billion in damages due to the 5-year trading ban, the Guardian said.
