Legal & Regulatory

Opsumit approval renews takeover interest in Actelion - analysts

Analysts said the European Commission's approval of Actelion's lung disease drug would have potential investors bid for the Switzerland-based drugmaker.


Rivals to review Google's latest antitrust proposal within four weeks - EU

A rival of Google Inc was not satisfied with the search giant's latest proposal to address antitrust complaints.

Morgan Stanley projects recovery in Middle Eastern investment banking market

The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.

Green Field Energy seeks bankruptcy protection

Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.


Latest News

Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.
In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court. The Argentine government had filed an urgent motion in US Appeals Court last Friday to stay the hold order requiring the government to pay USD1.
The highest fine was imposed upon United Continental as thirteen flights went beyond the three hour tarmac rule at O'Hare International Airport last July 13, 2012.
The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.
The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.
A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.
Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.
HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010. Hewlett-Packard Co has filed a case against three optical disk drive manufacturers.
The consortium running the Cameron LNG Project has lined up loan financing for the capitalization needed for the project.
In twin moves, Swatch was able to identify the cause of its sales declines and increase the demand for its components by cutting back on deliveries.