The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.
Legal & Regulatory
US and European Regulators Approve Delta-Virgin Airlines Partnersip
Both antitrust regulators on both sides of the pond approved the sale of 49% of Virgin Atlantic to Delta Airlines.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
PwC Reports Payout to Lehman Bros Europe Creditors
PricewaterhouseCooper, the administrators over the Lehman Brothers Europe post 2008, has announced the payout of a partial sum for unsecured creditors.
Chinese firms investigated for fraud as IPOs are halted
Chinese security agency CSRC halted the upcoming IPO of Tianfon as part of its anti-fraud campaign. (Photo : Reuters)The Chinese flag waiving in front of rising business sectors The government of China is reported to have started its investigation of Everbright Securities Co.
Latest News
CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.
A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.
Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.
Vale SA is preparing for the imposition of new royalties charges for mining in Brazil. (Photo : Reuters)The image is the corporate logo of Vale SA of Brazil.
Tom Hayes, former trader at UBS AG and Citigroup Inc. was charged into manipulation of London interbank offered rate.
Sprint Nextel sued Dish on Monday after stating that its rival company violated the Delaware law. (Photo : REUTERS/Keith Bedford)People talk on their cell phones as passers-by walk past a Sprint store in New York.
Orchard Supply Hardware Stores Corp filed Chapter 11 bankruptcy protection to proceed with the sale of the company's major assets to Lowe's Companies priced at US$205 billion.
Stephane Richard, CEO of France Telecom will face his fate to whether or not retain his position from the company's board after being charged with fraud at his previous office.
Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.
