The wealth management unit of Deutsche Bank in Dubai is currently under investigation by the Dubai Financial Services Authority regarding issues related to violations in the financial regulator's rules, Bloomberg said in a report.
At least 30 new complainants had requested to the civic court handling the phone hacking case of the UK unit of News Corp to participate in the civic trial set for June this year, Bloomberg said.
Former executive Highland Capital Management LP Patrick Daugherty said in an interview that he was disappointed with the outcome of the verdict of the jury regarding his case against his former employer. The two parties had been locked in a four-week battle over charges that range from defamation and compensation disputes.
'Welcome to the center of the universe," yelled Russian TV star Yana Churikova during the pre-show at the 2014 Winter Olympic Ceremony, which are held in Sochi. The 22nd Winter Olympics, which will last for 17 days, features 98 winter sporting events, including figure skating, skiing and hockey. Sochi was selected as the host city in July, 1997, and marks the first time the Olympics will be held in the Russian Federation. Moscow hosted the Summer Olympics in 1980.
