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Agility's $380m claim against Iraq dismissed by international tribunal

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Kuwaiti logistics company Agility s claim to recover more than $380 million it said it lost in Iraq has been rejected by an international tribunal, a document seen by Reuters showed.
Agility, one of the largest Gulf logistics companies, was also ordered to pay Iraq more than $5m for costs related to the case.
The company filed for arbitration in 2017 with the International Centre for Settlement of Investment Disputes (ICSID), which is part of the World Bank Group and handles disputes between international investors.
Agility has said Iraq indirectly confiscated its investment, which was worth over $380m, and violated a 2015 bilateral protocol between Kuwait and Iraq on encouraging the movement of capital and investment between the two countries. ....

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New front opened in Epic battle with Apple

Epic Games founder and chief executive Tim Sweeney said Apple s control of its platform had tilted the level playing field.
The 30 per cent they charge as their app tax, they can make it 50 per cent or 90 per cent or 100 per cent. Under their theory of how these markets are structured, they have every right to do that, he told reporters.
Epic is not asking any court or regulator to change this 30 per cent to some other number, only to restore competition on IOS, he said, referring to Apple s mobile operating system.
The company also accused Apple of barring rivals from launching their own gaming subscription service on its platform by preventing them from bundling several games together, even though its own Apple Arcade service does that. ....

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Turkish authorities detain dozens more over university protests

600 people detained in a month amid protests against president s appointment of rector at Bogazici University ....

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