Legal & Regulatory
Mylan’s US$1.6 Billion Deal Put On Hold
Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
Osborne supports jail time for execs of failed companies
The U.K. Chancellor of the Exchequer has supported tougher rules for the banking industry George Osborne, U. K. Chancellor of the Exchequer, has supported tougher rules for the banking industry.
Ben-Tzvi investment decides Israel daily's future
Trustees will gain control over Ma' ariv if Shlomo Ben-Tzvi decides to stop backing the newspaper.
Standard & Poor cuts SoftBank to 'junk' grade, shares plunge
Standard & Poor downgraded SoftBank because of the financial risks it took in buying Sprint. Standard & Poor cut SoftBank Corp's debt rating to two levels to "junk" status.
Latest News
Greece was expected to receive Eur8.1 billion from Euro-area finance ministers. Euro-area finance ministers were expected to approve Greece's newest disbursement of bailout assistance.
The European Union and the United States begun their talks about world's largest trade and investment relationship.
The central bank of India announced its concern following the fast growing currency derivatives trading in the last three years.
Audi sees trade talks as chance to cut back on rules set by U.S. regulators Manufacturer of advanced lighting systems, Audi AG, sought the approval of futuristic headlights which will automatically dim for oncoming vehicles, which are set to be sold in the US.
The U.S. Treasury is being sued by Perry Capital LLC over its handling of Fannie Mae and Freddie Mac.
According to a person familiar with the matter, Steven Cohen would remain under investigation even after prosecutors missed a late July deadline for charges labeled as the largest insider trading in history.
Wal-Mart’s expansion to India was stalled after stating that the company needs around 12 to 18 months before it can open its first retail outlet in the country.
Germany's Bundesbank head says that the ECB cannot solve the current Eurozone crisis. According to Bundesbank Chief Jens Weidmann, the European Central Bank cannot solve the current Euro Zone crisis.
To prevent cross border issues, the European Banking Authority stands to create a database on bankers and key bank functions for sharing between countries.
The PSE President Hans Sicat says sales record still achievable within the year. According to the Philippine Stock Exchange, the target for record shares sales for 2013 is still achievable.