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Japanese firms pay up for price fixing machinations against US automakers

In an unprecedented sweep, several Japanese firms and their executives have been charged with conspiracy to undertake price fixing and agreed to settle amounts with the US Justice Department.


NASDAQ OMX set out new offers to retain clients

New product offers have been made by NASDAQ OMX such as USD10,000 contracts for its clients in the currency market.

Royal Park sues Credit Suisse over residential mortgage backed securities

Royal Park claims fraud in the marketing and sale of residential mortgage backed securities. A suit was filed against the Credit Suisse Group AG in New York for USD359 million worth of residential mortgage-backed securities.

OAO Gazprom Neft seeking new loan terms

OAO Gazprom Neft, the Russian state owned natural gas giant, has been shopping around for lower interest rate termed loans.


Latest News

Porvair purchases Thomas Cain and forges deal with Thermo Electron. Filtration and environmental technology group Porvair Plc have announced last Thursday the acquisition of Thomas Cain Inc.
Fans of "Law & Order: SVU" loved the premier episode of Season 15 and raved about it in Twitter.
The China Banking Regulatory Commission had sought opinions to allow companies to set up financing firms that offer loans for retail purchases under certain parameters.
Commuters who take the Metro-North Railroad train may need to wait for three weeks until the cable failure that disrupted operations yesterday would be fixed.
Carl Icahn had set to meet Tim Cook to discuss the future of Apple. Billionaire activist investor Carl Icahn would be meeting Apple Inc CEO Tim Cook on September 30 in New York.
In a interview at a Harvard fundraising campaign, Microsoft chairman and founder Bill Gates admitted that the keyboard combination of Control, Alt and Delete keys to log into a PC was a mistake and should had only been one key.
The Hartford Financial Services Group announced that it would continue to provide home and auto insurance products to AARP members.
According to information technology news site CNet, Apple Inc's iPhone and iPad customers experienced symptoms of motion sickness because of operating system iOS 7's parallax and zoom features.
In a released statement, Blackberry Ltd said that it would be cancelling its quarterly earnings call and webcast scheduled for Friday this week.
The USPS had proposed to raise the price of its first-class stamp to USD 0.49. The US Postal Service (USPS) has proposed to increase the cost of a first-class stamp by USD 0.