Danish drugmaker reaches settlement with US authorities
Danish drug maker Novo Nordisk says it has reached a .5 million settlement with U.S. authorities over allegations that it hadn't properly communicated safety information when marketing a medicine to treat type 2...
Myanmar to open its doors to foreign insurers
Currently, three Japanese firms allowed to operate only in special economic zone on outskirts of Yangon, commercial capitalMyanmar is ready to grant license to foreign insurance firms to operate in the country, said...
Vonage Granted 19 New Patents
Milestone New Patents Include Mapping Incoming Calls and Exclusive Rights to a Routing Process Between VoIP and Traditional Telephony ProvidersVonage (NYSE: VG), a leading provider of business cloud communications, has received 19 new patents...
Nokia receives decision in patent license arbitration with LG Electronics
The International Court of Arbitration of the International Chamber of Commerce has issued its award for the binding arbitration between Nokia and LG Electronics.The companies had previously agreed that this would settle...
Bahrain wants to be ‘honey that attracts bees’
Bahrain’s Economic Development Board (EDB) Chief Executive Khalid Al Rumaihi said the country wants to become a Middle Eastern home to innovative info-tech entrepreneurs from around the world as if it is “honey...
Facebook CEO Mark Zuckerberg Avoids Court Appearance
The head of Facebook has avoided being dragged into a lengthy court case, following his announcement to shelve his plans for creating a new company stock.A controversial plan to create a new company...
Uber to pull out from Quebec after new regulations call for driver training
The controversial ride-hailing company Uber has been in the press a lot recently, as the Mayor of London has refused to let the company continue operating in the city. However, it's not just...
Canadian Securities regulatory group announces ban on short-term binary options
More than 800 complaints about binary options received by regulators last yearThe Canadian Securities Administrators announced Thursday they have banned short-term binary options, which have generated hundreds of complaints."Binary options are the leading type of...
Europe Should Resist Making Unilateral Changes to Tax Laws
The European Commission is set to release a report this week on corporate tax reform.According to news reports, it will recommend that the European Union make unilateral changes to the way its members tax...
DONG Energy Receives Regulatory Approval To Divest Oil & Gas Business To INEOS
Following May’s announcement by DONG Energy that it intended to divest its upstream oil & gas business, the company has this week revealed that it has received regulatory approval to proceed with the...
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