MAY
16
2008

U.K. lawmakers lose challenge to ruling on expenses

U.K. lawmakers may be forced to release work-related expenses and home addresses after a court dismissed a lawsuit seeking to block their publication.

MAY
16
2008

Alstom joins bribery probe, claims victim status

Alstom SA, the world´s third-largest power plant builder, allied itself with French prosecutors in a bribery investigation by formally claiming it was a victim of corruption.

MAY
15
2008

Piracy growing as fewer fans buy downloads

Record labels are losing their battle with digital piracy as the number of people who regularly download songs legally falls back, research will claim today.

MAY
15
2008

Broadcom founders charged in backdating inquiry

Securities regulators on Wednesday charged Broadcom Corp. co-founders Henry Nicholas III and Henry Samueli with falsifying the company´s reported income, leading to what is believed to be the largest accounting restatement to date because of backdating stock options.

MAY
15
2008

Can Icahn revive Microsoft´s deal to take over Yahoo?

Billionaire investor Carl Icahn reportedly plans to launch a battle for control of Yahoo´s board, hoping to get the company to restart talks with Microsoft.

MAY
15
2008

Archer Daniels appeal should be dismissed

A bid by Archer Daniels Midland Co., the world´s largest grain processor, to overturn a 10.1 million-euro ($15.6 million) antitrust fine should be dismissed, an adviser to the European Union´s highest court said today.

MAY
15
2008

German rule on foreign tax losses is permissible

A German policy that restricts companies from deducting losses incurred outside the country from their tax bill is permissible, the European Union´s highest court said.

MAY
15
2008

IFA fined £0.9m over sub-prime deals

A firm of financial advisers that sold sub-prime mortgages to borrowers was today fined £900,000 for being unable to prove it had obtained full financial details from its customers before recommending the loans.

MAY
15
2008

Japanese whalers stole meat from research hunt, Greenpeace says

Japan´s whaling crew, which hunts whales in Antarctica under a scientific permit issued by the Japanese government, stole whale meat from a ship to sell to shops and restaurants, an environmental group said today.

MAY
15
2008

China´s regulator warns banks on rebound of bad loans

China´s banking regulator warned banks against a potential rebound of non-performing loans amid tighter credit controls and rising inflation.

MAY
15
2008

Spanish ecologists may take third wind park developer to court

Spanish ecologists may take a third wind park developer to court this month for failing to do a comprehensive environmental-impact investigation for a project planned in a protected region for birds.

MAY
14
2008

Holcim, HeidelbergCement lose bid to dismiss lawsuit

HeidelbergCement AG, Holcim Ltd. and four other cement makers lost a court bid to throw out a lawsuit over a price-fixing cartel.

MAY
14
2008

Sanofi loses appeals court ruling over patent for Lovenox Drug

Sanofi-Aventis SA, France´s biggest pharmaceutical company, lost an appeals court bid to revive the patent on the blood-thinner Lovenox.

MAY
14
2008

Oracle win on Mangosoft patent claim upheld by appeals court

Oracle Corp., the world´s third-biggest software maker, won a ruling in a lawsuit brought by Mangosoft Inc. claiming infringement of a patent related to database software.

MAY
14
2008

StatoilHydro faces EU probe of ConocoPhillips deal

European Union regulators extended an antitrust investigation into StatoilHydro ASA´s proposed purchase of three ConocoPhillips units that sell motor fuels in Scandinavia.

MAY
14
2008

Supermarket expansion in U.K. faces competition curbs

The British government may make it more difficult for supermarkets including Tesco Plc and J Sainsbury Plc to expand by creating a competition ombudsman to oversee the industry, business minister Gareth Thomas said.

MAY
14
2008

Quarter of companies asked to pay bribes

Almost a quarter of businesses have been asked to pay bribes over the last two years in spite of increased efforts to combat the problem by law-enforcement agencies, an Ernst & Young LLP survey published today said.

MAY
14
2008

TomTom wins EU antitrust approval to buy Tele Atlas

TomTom NV, Europe´s largest maker of car-navigation devices, won European permission to buy digital-mapping company Tele Atlas NV for 2.9 billion euros ($4.5 billion).

MAY
13
2008

Google blurs Street View images over privacy concerns

Google has come up with a new technology that blurs human faces in street pictures it has taken for its popular mapping service called Street View. This blurring technology has been launched in a move to deal with privacy issues raised by the pictures taken on street by Googles fleet of camera-mounted vehicles for developing the mapping feature.

MAY
13
2008

U.S. High Court allows apartheid claims against multinationals

The United States Supreme Court said on Monday that it cannot intervene in an important dispute over the rights of apartheid victims to sue US corporations in US courts because four of the nine justices had to sit out the case over apparent conflicts.

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