Legal & Regulatory
UK watchdog to investigate Tesco accounts and auditor PwC
Britain's accounting watchdog has launched an inquiry into the preparation, approval and audit of Tesco's accounts over the last four years, including the role of external auditor PwC [PWC.UL].
Cuba's famed cigars get a foot in door of U.S. market
Milagros Diaz has been rolling cigars for 48 years, so long she cannot even smell tobacco anymore, and she is thrilled that the U.S. market is finally opening up for her handmade Cuban "habanos".
Delaware court says C&J tie up with Nabors unit can proceed
A merger between oilfield services provider C&J Energy Services Inc (CJES.N) with a unit of Nabors Industries Ltd. (NBR.N) can proceed, Delaware's supreme court ruled on Friday.
U.S. judge rejects HP settlement in Autonomy shareholder case
A federal judge on Friday rejected Hewlett-Packard Co's (HPQ.N) proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc.