Legal & Regulatory
Apple's distributiorship tactics subject to review
France and the European Union are conducting inquiries as to the tactics employed by Apple that would violate antitrust regulations.
Like MTS, Megafon seeking to expand into banking services
Megafon is discussing with small lending institutions as to the eventual integration of banking services with its telecommunications services.
Baupost Group set to return money to clients
Seth Klarman's Baupost Group, for only the second time, would return money to its clients. One of the largest hedge funds in the world, Seth Klarman's Baupost Group has nearly USD28 billion in its portfolio, had laid out plans to return money to its clients by the end of 2013.
Investors in the Saudi Arabian industry have pulled out from the business
Saudi Arabia's taxi business is in chaos with the conflicting regulations, leading to the pull out of investors.