South African retailer Massmart has booked an increase in annual profits on the back of improved sales. The company, in which Wal-Mart Stores owns a majority stake, yesterday (22 August) filed an 8.9% increase in underlying headline ...
Tags: WalMart Stores, annual profits, Operating profit, food retail
Effort by the Federal Government to comply with the Supreme Court ruling ceding the management of the Aluminium Smelter Company of Nigeria, ALSCON, in Ikot Abasi, Akwa Ibom State to its rightful buyers, BFIG Corporation has been rebuffed by ...
Tags: aluminium, ruling ceding, ALSCON, Russian Aluminium
The US Court of Appeals for the Federal Circuit has confirmed a prior ruling by the US District Court for the District of Delaware that the Eli Lilly and Company's compound patent for Alimta (pemetrexed) is valid. The compound patent ...
Hindustan Times reported that facing acute shortage of iron ore, steel and sponge iron producers of Karnataka have demanded that state run NMDC, the only miner allowed to operate in the stateshould take steps to increase its production and ...
Samsung has won the latest round in its long-running intellectual property dispute with rival Apple,with a US appeals court ruling that a lower court should reconsider an injunction against the Samsung Galaxy Tab tablet computer. The ...
Tags: US, Samsung, Galaxy, Apple, smartphone, tablet computing
US truck and bus manufacturer Navistar is planning to launch its new In-Cylinder Technology Plus (ICT+), which will comply with 2010 US Environmental Protection Agency (EPA) emissions regulations. The new engine technology combines the ...
Apple has published a statement on its website acknowledging a High Court ruling that Samsung did not infringe Apple design patents in the UK. However, the unapologetic statement concludes that, while the UK court did not find Samsung ...
Tags: Apple, Samsung, design patents, iPad design
The US Court of Appeals has overturned a ban on sales of Samsung's Galaxy Nexus phone granted in June after an application by Apple in the patent dispute war between the rival companies. The court found that the district court in ...
Tags: US, lift ban, Samsung Galaxy Nexus, patent law
Cemex has announced its Egyptian unit Assiut Cement Co has learned of a preliminary ruling by a court in Egypt that could invalidate the pact under which Cemex bought a majority stake in the company more than a decade ago. Assiut Cement, ...
Tags: market view, cement
In the second major legal victory for music labels in recent weeks, the U.S. Court of Appeals for the Eight Circuit has upheld a jury award of $222,000 against a woman accused of pirating 24 songs over a peer-to-peer file sharing network. ...
Tags: Appeals, Internet, music piracy case, USA
Computer giant Oracle has said that it will continue to develop software for servers based on Intel's Itanium microprocessors after all,following a court ruling that the company is obliged under the terms of its contract with partner HP to ...
Tags: Oracle, Intel Itanium servers, Itanium-based systems, microprocessor
In a case that has been running parallel to the intellectual property lawsuit between Apple and Samsung in the USA,a South Korean court ruled today that Apple had violated two of Samsung's patents,while the Korean firm had infringed on one ...
Tags: Apple, Samsung, intellectual property, South Korean court, guilty
IDG News Service - The U.S. government lost a bid on Thursday to withhold some evidence in advance of the extradition hearing for four Megaupload defendants charged with criminal copyright infringement. The U.S. had asked for a judicial ...
Tags: Megaupload, Evidence, U.S.government
Australian telecommunications company AAPT has confirmed some business customer data was compromised in a breach of computer systems at an external service provider. The telco began investigating after hacktivist group Anonymous ...
Tags: AAPT, business customer data, computer systems, external service
Legislation that would allow states to collect sales tax from online sellers is good for consumers, because it would help them pay the taxes they already owe, supporters said Tuesday. Many people who buy products online don't know that ...
Tags: Online Sales, sales tax, Legislation, E-business