Big banks brace as British forex class action seeks go-ahead

A specialist London court will decide whether a long-awaited multi-billion pound class action against some of the world’s biggest banks over alleged foreign exchange rigging can proceed, after a five-day hearing kicked off on Monday. JPMorgan (JPM.N), Citigroup (C.N), Barclays (BARC.L), UBS (UBSG.S) and NatWest (NWG.L), along with Japan’s MUFG Bank [RIC:RIC:MTFGTU.UL], are braced for […]

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Google to fight EU antitrust fine at court hearing from Sept. 27

Alphabet (GOOGL.O) unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe’s second-highest court, people familiar with the matter said. The European Commission in its 2018 decision said Google had used its popular Android mobile operating system to thwart rivals, an anti-competitive practice […]

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LPG Cylinder Gets ‘Smart’ With Option to Check Gas Level, Other New Features. Know More

Anew brand of Liquefied Petroleum Gases (LPG) cylinders has been rolled out by the Indian Oil Corporation Limited (IOCL). This new brand of LPG cylinder, dubbed, ‘Indane Composite Cylinders’, is essentially an attempt by the state-owned oil company to make for a lighter end-product that also allows customers to easily plan their next refill with […]

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