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China to raise penalties on IP theft in trade war talks

Bloomberg China said it will raise penalties on violations of intellectual property rights (IPR) in an attempt to address one of the sticking points in trade talks with the US. The country will also look into lowering the thresholds for criminal punishments for those who steal IP, according to guidelines issued by the government. It didn’t elaborate on what such ...

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Telenor to pay $235.6m in Bangladesh dispute

Bloomberg Telenor ASA’s Bangladesh unit was ordered by the country’s Supreme Court to pay 20 billion taka ($235.6 million) to the nation’s regulator, the latest step in a long-running dispute, a lawyer for the company said. The order doesn’t resolve the case, which involves Bangladesh Telecommunication Regulatory Commission seeking 125.8 billion taka from the unit, Grameenphone Ltd, the lawyer, Sharif ...

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Sony in talks to acquire Ambani’s TV network

Bloomberg Sony Corp is in talks to acquire a stake in the Indian television network controlled by billionaire Mukesh Ambani, as the Japanese giant seeks to tap booming demand for content in the South Asian nation, according to people familiar with the matter. The Tokyo-based company is currently conducting due diligence on Ambani’s Network18 Media & Investments Ltd before any ...

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