Europe fund firms to shun low-cost centres

Fund managers will overlook eastern European countries when seeking domiciles for funds once an EU directive for cross-border consolidation is in place, despite potential cost savings, a study published Monday said. Fund

Nokia sues Apple for patent infringement

Top global cellphone maker Nokia Oyj on Thursday charged Apple Inc with infringing Nokia patents, accusing the iPhone maker of trying to hitch a "free-ride" on Nokia's technology investments. Nokia dominates the