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Commerce

Justices to hear antitrust case over sale of iPhone apps

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Washington, Nov 26 (AP) - Apple is at the Supreme Court to defend the way it sells apps for iPhones against claims by consumers that the company has unfairly monopolized the market.
The justices are hearing arguments Monday in Apple's effort to end an antitrust lawsuit that could force the iPhone maker to cut the 30 percent commission it charges software developers whose apps are sold exclusively through Apple's App Store. A judge could triple the compensation to consumers under antitrust law...
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Mitsubishi Motors board to decide on status of Carlos Ghosn

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Tokyo, Nov 26 (AP) - The board of Japanese automaker Mitsubishi Motors, which is allied with Renault and Nissan, met Monday to decide whether to keep or oust Carlos Ghosn as its chairman after his arrest last week.
Prosecutors arrested Ghosn on Nov. 19 on suspicion of under-reporting his income...
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IBBL opens branch in Noakhali

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Commerce Reporter
Islami Bank Bangladesh Limited (IBBL) inaugurated its 341st branch at Sonapur of Zero Point of Noakhali on Monday.
Md Mahbub ul Alam, Managing Director and CEO of the Bank inaugurated the branch as chief guest.
Mohammad Rokan Uddin, Executive Vice President and Head of Noakhali...
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