MAY
13
2008

Disney and McDonald´s move to improve labor conditions in China

A pilot project involving 10 factories that make products for the firms tests a new approach for dealing with low wages and long work hours. Walt Disney Co. and McDonald´s Corp., whose supply chain has drawn criticism, quietly released a long-promised report on a pilot project to improve labor conditions in China.

MAY
13
2008

Microsoft worried over Linux ULPCs

Microsoft has launched a programme aimed at stemming the growing Linux tide on ultra low-cost PCs, but has some rather onerous terms if manufacturers want to play.

MAY
13
2008

Families to make case for vaccine, autism link to Federal Court

Families who believe that a mercury-based preservative thimerosal found in many vaccines causes the development of autism are set to make their case to a Federal Court.

MAY
13
2008

SBI E*Trade faces regulatory penalty for rule breach

SBI E*trade Securities Co., a Japanese online brokerage, faces a possible penalty for violating financial regulations, the country´s securities watchdog said.

MAY
13
2008

Ireland´s Davy reaches agreement on credit union bond losses

Davy, Ireland´s largest securities firm, agreed to invest 35 million euros ($54 million) to cover losses from bonds that it sold to Irish Credit Unions.

MAY
13
2008

EU wants industry cooperation, not laws, to fight fake products

Consumer-goods makers, music producers and other companies must unite to fight counterfeit products as the European Union can´t solve the problem with new laws, Internal Market Commissioner Charlie McCreevy said.

MAY
13
2008

Judge orders Facebook to disclose user information

With online privacy seemingly never far from the news, a U.S. court has this week ordered social networking Web site Facebook to deliver private information relating to one of its users.

MAY
12
2008

DOJ Blackwater probe focused on guards, not company

Blackwater Worldwide is not likely to face criminal charges in connection with a September 16 shooting in Baghdad in which 14 Iraqi civilians were killed, AP reported Saturday, citing a half-dozen individuals closely associated with a US Department of Justice probe.

MAY
12
2008

Anthrax reporter appeals contempt of court order for not revealing sources

The US Court of Appeals for the District of Columbia Circuit heard oral arguments Friday in the appeal by former USA Today reporter Toni Locy against sanctions imposed on her for refusing to disclose government sources who provided information about former US Army germ-warfare researcher Dr. Steven J. Hatfill.

MAY
12
2008

BG wins deferral of requirement to bid for Contact

BG Group Plc, the third-biggest U.K. natural gas company, won a one-month deferral of a requirement to make a takeover offer for New Zealand´s Contact Energy Ltd. unit should its bid for parent Origin Energy Ltd. succeed.

MAY
12
2008

Centro shares slump after class action brought in Federal Court

Centro Properties Group, the Australian property group that won a A$6.6 billion ($6.2 billion) debt extension this month, slumped 14 percent after claims were filed in the Federal Court alleging the company misled investors.

MAY
12
2008

Land of Leather, Briant fined by U.K.´s FSA Over PPI

Land of Leather Holdings Plc and its chief executive officer were fined a total of 224,000 pounds ($439,000) by the U.K.´s financial regulator for improper sales of payment protection insurance.

MAY
12
2008

Hacker steals data of 6 million Chileans

A hacker who identified himself as "Anonymous Coward" stole personal data of 6 million Chileans - reportedly including a daughter of the president - and posted it briefly on the Internet, authorities said Sunday.

MAY
9
2008

EU: Ministers to visit Georgia to curb tensions with Russia

Slovenia´s foreign minister says the European Union will send a delegation to Georgia in the upcoming days to try to prevent an escalation in tensions in the former Soviet state´s relations with Russia.

MAY
9
2008

Temasek loses appeal on Indonesian regulator ruling

Temasek Holdings Pte, Singapore´s state-owned investment company, lost its appeal on an Indonesian antitrust ruling and was ordered to sell its stake in either of the country´s two biggest mobile-phone operators within a year.

MAY
9
2008

Standard for business-method patents weighed by appeals court

The federal appeals court that handles patent cases struggled to define the term “process” as part of its deliberations in a case that will decide whether a method for buying or selling energy qualifies for protection.

MAY
9
2008

Falk convicted of attempted fraud, gets four years

German businessman Alexander Falk was convicted of fraud and sentenced to four years in prison by a German court for inflating the value of Ision Internet AG before he sold the company in 2000.

MAY
9
2008

Tse Sui Luen Jewellery chairman, founder jailed for bribery

Tse Sui Luen Jewellery (International) Ltd. Chairman Tommy Tse was sentenced to five years in prison for tax fraud and charges related to bribes given to travel agents, a spokeswoman for Hong Kong´s Judiciary Department said.

MAY
9
2008

Ex-Siemens chairman Von Pierer faces investigation

Former Siemens AG Chairman Heinrich von Pierer faces an administrative probe by Munich prosecutors over his possible role in a bribery scandal at the company.

MAY
8
2008

U.S. Oil companies to pay $423 for water contamination

Several oil companies have agreed to pay 423 million U.S. dollars to settle more than 500 lawsuits brought by water suppliers and users in California and 19other states over groundwater contaminated with the gasoline additive MTBE, it was reported Thursday.

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