Legal & Regulatory

Mexico exchange cancels Frisco's trades due to computer error

An anonymouse bourse official of the Mexican bourse told Reuters that the bourse canceled Minera Frisco's trades in the last 10 minutes of trading today as the share price spike was caused by a computer glitch.


Govt. official says Walmart India plans possibly at final stage

According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.

Fears of anti-bribery legislations slows down M&A in India

Merger and acquisition deals in India had slowed down after fears on US and UK anti-bribery laws threatened investment.

Countdown starts for U.S. airline merger trial in November

A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.


Latest News

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.
The Civil Aviation Authority of the Philippines said it is confident that the country would be able to regain its Category 1 rating when the US FAA would visit in the next two months.
George Koutsos was named the new Deputy Chief Executive of the Hellenic Financial Stability Fund, replacing Marios Koliopoulos.
The Federal Government of Nigeria lost USD 40 billion in downstream infrastructure investments for 76 non-producing oil leases.
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 new agreement between US and Swiss governments would allow payment of fines or deferment of prosecution from tax evasion committed by US clients.
TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.
JP Morgan had conducted an internal probe on approximately 200 employees in Asia regarding the possibility of illegal nepotism.
A source told Reuters that the European Union Commission will approve Swedish oil refiner Nynas and Royal Dutch Shell's deal despite antitrust concerns.
A Philippine regulator said that the bidding for the LRT Line 1 Cavite extension project had failed.