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Sony, the Japanese multinational conglomerate, is currently battling a lawsuit worth nearly £2 billion (approximately US$2.7 billion) in London. The lawsuit alleges that Sony has used its monopoly positioning to inflate prices for digital games. This…
In a significant legal triumph, technology giant Meta saw a favorable ruling from a federal judge in a lawsuit filed by the Federal Trade Commission (FTC). The lawsuit pertained to Meta’s acquisitions of Instagram in 2012 for $1 billion and WhatsApp in 2014…
Dao Xuan Tuan, the director of the Foreign Exchange Management Department at the State Bank of Vietnam, has announced exciting developments in the nation’s gold bullion landscape. In a recent statement to the Lao Dong (Labour) daily, Tuan revealed that the…
Chinese regulators extend their antitrust crackdown to the banking sector with a fine against shareholders of a virtual lender. The shareholders of Chinese virtual lender AliBank – China Citic Bank (70 percent) and a Baidu unit called Fujian Baidu Bo Rui…
King Power Thailand has won extended exclusive rights to operate at three additional Thai airports for a further 10 years. The firm won tenders for Phuket, Chiang Mai and Hat Yai airports, just a week following a win at the country’s main international…
