JAN
2
2017

Climate change is going to be very bad for the global economy

The average global income is predicted to be 23% less by the end of the century than it would be without climate change

JAN
2
2017

Deutsche Bank chairman rules out European merger

The bank, Germany´s biggest, last week announced a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of mortgage securities in the run-up to the 2008 financial crisis

DEC
29
2016

Brazil´s Petrobras sells stake in ethanol company Guarani for $202 million

Guarani runs seven sugar and ethanol mills in Brazil, making it one of the largest processors in the world´s top sugar producing country

DEC
28
2016

South Korea fines Qualcomm $854m in competition probe

US chipmaker Qualcomm has been fined a record 1.03trn won ($854m, £698m) for allegedly breaching competition law in South Korea

DEC
28
2016

U.S. accuses Chinese citizens of hacking law firms

Iat Hong of Macau, Bo Zheng of Changsha, China, and Chin Hung of Macau were charged in an indictment filed in Manhattan federal court with conspiracy, insider trading, wire fraud and computer intrusion

DEC
28
2016

Toshiba flags hit of ´billions of dollars´ on U.S. nuclear acquisition

Toshiba´s announcement came as its Westinghouse Electric Company subsidiary is engaged in a legal and accounting row with CB&I

DEC
22
2016

Odebrecht ran ‘massive’ global bribery scheme, say prosecutors

Construction group made payments worth $788m to secure business in 12 countries.

DEC
22
2016

Federal appeals court rejects ACLU request for drone documents

The appeals court ruled for the government Tuesday that all of the requested documents could be kept secret.

DEC
22
2016

EU´s highest court delivers blow to UK snooper´s charter

Indiscriminate collection of emails is illegal, court rules in response to challenge originally brought by David Davis

DEC
19
2016

Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million

The proposed settlement was disclosed in papers filed in federal court in Manhattan on Friday.

DEC
16
2016

US raises key interest rate by 0.25% on strengthening economy

The US Federal Reserve has raised its benchmark interest rate by 0.25%, only the second increase in a decade

DEC
15
2016

Mexico senate approves medical marijuana

The legalization of marijuana has gained momentum in recent months

DEC
15
2016

German court rules Gurlitt´s art collection can go to Bern

The Bern museum has pledged to ensure that any pieces looted by the Nazis before making their way into Gurlitt´s collection will be returned to Jewish owners´ heirs

DEC
15
2016

US authorities close in on Volkswagen criminal settlement

Deal is likely to include a guilty plea to felonies and fine, say former prosecutors

DEC
15
2016

Abengoa U.S. unit wins court blessing to exit bankruptcy

Abengoa will also put funds into a litigation trust to resolve potential lawsuits and a separate reserve pool for potential insurer claims

DEC
14
2016

Google faces EU curbs on how it tracks users to drive adverts

Browsers would have to ask users to opt in to viewing ads based on online history

DEC
14
2016

Asahi to Buy Beer Brands From Anheuser-Busch InBev for $7.8 Billion

Anheuser-Busch InBev, based in Belgium, is selling the brands, including the Pilsner Urquell group, to allay the concerns of European competition regulators after it completed its merger with SABMiller in a deal valued at more than $100 billion

DEC
14
2016

China launches WTO challenge over dumping fines

China has filed a complaint with the World Trade Organisation over the way the US and Europe use anti-dumping rules against it

DEC
13
2016

Uber accused of letting staff spy on celebs and exes

Uber has defended itself following accusations that a lack of internal security allowed employees to spy on rides in real-time

DEC
13
2016
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