A group of junior bondholders has hired two sets of advisers as Northern borrows a further £5bn from Bank of England
Crowds taunted soldiers and police who barricaded central Yangon on Friday to prevent more mass protests against Myanmar´s 45 years of military rule and deepening economic hardship.
South Africa’s police chief faces a warrant for his arrest as a bitter struggle at the top of the country’s ruling African National Congress threatens to plunge the country into chaos.
Europe and the United States are on the brink of a major trade dispute worth billions of pounds over Washington’s decision to renege on international trade commitments and protect its domestic gambling industry by preventing foreign companies from entering the lucrative market.
The former Attorney-General, Lord Goldsmith, QC, is joining a top American law firm today to lead its European litigation practice.
The jury in the murder trial of Phil Spector last night said that they were unable to reach a verdict after twelve days of deliberations, forcing the judge to call a mistrial, and leaving the wildly eccentric music producer a free man for the foreseeable future.
The process of selecting the jury for the Diana, Princess of Wales, inquest got under way today as up to 200 potential jurors filed into the High Court.
Wall Street has been accused of contributing to the credit crunch through fraud as America’s financial watchdog announced an investigation into whether underwriters of mortgage-backed bonds “unduly influenced” the ratings agencies to ignore their risks.
A top executive at Toyota Motor Corp (7203.T: Quote, Profile, Research) said on Wednesday that achieving a rise in U.S. sales in September might be tough because of a spike in sales in the same month a year earlier.
A woman who funded a luxury lifestyle by defrauding her employers of more than £2 million is facing a prison sentence, a court was told yesterday.
In-house lawyers are willing to pay higher legal fees for top-value advice but only if they can save costs on routine work, a new survey shows.
Nationwide, the building society, is suing Eversheds, one of the country’s largest law firms, for more than £20 million, claiming that it was given negligent advice on an allegedly fraudulent property deal.
GMTV was today fined a record £2 million by the communications regulator Ofcom, after the breakfast broadcaster was found to have run phone-in competitions in which potential winners were picked before the lines were closed.
Negotiators from the United Auto Workers union and General Motors came back to the negotiating table Tuesday morning, as the impact of the strike is expected to start spreading to other workers the day after 73,000 union members went on strike against the nation´s largest automaker.
A Virginia grand jury indicted suspended Atlanta Falcons quarterback Michael Vick on state dogfighting charges Tuesday, prosecutors announced.
Kate and Gerry McCann could face criminal charges for using a private security company to investigate the disappearance of their daughter, a senior Portuguese judge has said.
Google’s $3.1 billion (£1.5 billion) acquisition of DoubleClick, the largest broker of online banner advertising, is likely to be delayed for months by the European Commission, advisors close to the internet search giant believe.
Members of the United Automobile Workers union walked off the job today at General Motors plants across the country after union leaders and company officials failed to reach an agreement in contentious talks on a new contract.
Hezbollah and its allies said on Monday they would boycott a parliamentary session to prevent the anti-Syrian majority from electing a new president for Lebanon.
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