Bloomberg said that Apple Inc failed to convince an appeals court in New York to reverse a nonjury trial ruling, which allowed customers of its e-books to pursue claims against the iPad maker over its e-book prices.
An unnamed source familiar with the matter said that the amount being sought by US authorities for BNP Paribas to settle allegations of dealing with countries that have been imposed with economic sanctions could reach over $10 billion, Bloomberg reported.
In a statement yesterday, London-based GlaxoSmithKline Plc said that the Serious Fraud Office of the UK has launched a probe into allegations of corporate bribery.
The probe on the global car parts price-fixing and bid-rigging scheme by the US Justice Department is touted to be the biggest antitrust investigation by the department, and the Australian reported that it has yet to be resolved as another Japanese executive has been charged for his involvement in the scheme.
