US District Judge Colleen Kollar-Kotelly said she wanted the trial against American Airlines and US Airways to be held before the US Justice Department's proposed March 3 date.
Deals
Sinopec to purchase Apache Egypt assets for USD3.1 billion
China Petrochemical Corp.'s unit, Sinopec International Petroleum Exploration & Production Corp. had agreed to pay USD3.1 billion for Apache's Egyptian oil and gas businesses.
Vodafone to exit Verizon, seen as AT&T prey
Vodafone Group had announced selling its 45% stake in Verizon Communications that would end a 14-year old venture.
AmEx to compete for Foursquare stake
American Express was said to compete for a stake in Foursquare Labs. American Express Co. had been reported to compete for an equity stake in Foursquare Labs.
Demeure raises USD4 million in seed funding
Canada-based Demeure announced receiving USD4 million from its third round of seed funding. Travel marketplace Demeure had raised USD4 million in its third round of seed funding.
Latest News
Swedish pharmaceutical firm Meda announced the signing of a deal for the USD 135 million purchase of US-based Acton Pharmaceuticals.
Lowe's Companies Inc. announced today an acquisition deal had completed for Orchard Supply Hardware stores valued USD205 million in cash and payables.
The Federal Government of Nigeria lost USD 40 billion in downstream infrastructure investments for 76 non-producing oil leases.
Sources said Thai billionaire Dhanin Chearavanont submitted its bid for Li Ka-shing's ParknShop chain.
French cosmetic firm L'Oreal said it could afford to buy back the EUR 23 billion stake that Nestle holds in the firm.
Finland rolled out a EUR 9 billion plan enough to pay for welfare expenses of its aging population. The government of Finland agreed on a plan to ensure that it would have money to pay welfare costs for its fast-growing elderly population.
The government of Germany said it was still open to talk with Airbus about its development loan. The German government said it is still willing to discuss the development loan with Airbus.
The foundation of Royal KPN exercised its option to purchase preferred shares of the company to block America Movil's bid for majority ownership.
Malaysian palm oil producer Sime Darby said the sale of its healthcare unit boosted fourth quarter profits.
