Investors aren't so sure as to the direct outcome of Mexico's new law toward communication companies.
Legal & Regulatory
Decade old trial ends as Pfizer reaches $2.15 billion settlement
Pharmaceutical giant Pfizer Inc. (PFE) announced it had reached a settlement worth $2.15 billion with Teva Pharmaceutical Industries Ltd. (TEVA) and Sun Pharmaceutical Industries Ltd. (SUNP) after almost a decade of trials over Protonix sales in the United States.
Customs: US$386 Million Order against HP India Remains
Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.
Government gives big banks 2 years to comply
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
Coda affiliates file for bankruptcy
Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.
Latest News
Japan's central bank holds back on new measures to calm turbulent markets. (Photo : REUTERS) Central bankers considered the idea to extend the maximum duration of cheap, fixed-rate funds offered via market operations from one year to two years.
European stocks fell as the German court began hearings on ECB's bond-buying proposal. Due to Bank of Japan's (BOJ) refusal to undertake programs for stimulus expansion, stocks from Europe fell.
Fannie Mae and Freddie Mac challenged the US through a lawsuit filed in the US Court of Federal Claims after stating that the takeover of the Federal Housing Finance Agency in 2008 was illegal and damaging to the companies.
Las Vegas Sands Corp asked trial judge in Nevada to cancel the US$101.6 million verdict award in favor of businessman Richard Suen.
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.
Robert Ramnarine, former Bristol-Myers executive pleaded guilty to the insider trading charges filed against him.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.
