MAY
21
2008

Hyundai Motor shareholders sue Chung for compensation

A group of Hyundai Motor Co. shareholders filed a civil suit against Chairman Chung Mong Koo, asking him to compensate South Korea´s largest automaker following his conviction for breach of duty.

MAY
20
2008

Unipetrol, Bayer, Shell units are sued over rubber cartel claim

Cooper Tire & Rubber Co. and 25 other companies sued Unipetrol AS, units of Royal Dutch Shell Plc, Bayer AG, and as many as 20 others over an alleged European rubber cartel.

MAY
20
2008

Iran human rights group condemns government treatment of critics

The Iranian government is engaged in systematic human rights abuses, an Iranian human rights group said in an annual report released Sunday.

MAY
20
2008

Prosecutor alleges Israel PM accepted bribes from US businessman

Israeli Prime Minister Ehud Olmert personally received cash from US businessman Morris Talansky while serving as a minister of industry, trade and labor, a state prosecutor said Monday in a hearing at the Supreme Court of Israel.

MAY
20
2008

Russia president signs decree to establish anti-corruption council

Russian President Dmitry Medvedev has signed a measure to establish an anti-corruption council to be headed by Kremlin chief of staff Sergei Naryshkin, Medvedev announced at a Monday press conference.

MAY
20
2008

SEC charges eight former AOL Time Warner executives

The U.S. Securities and Exchange Commission Monday charged eight former executives of AOL Time Warner, now known as Time Warner Inc., in a fraudulent scheme that overstated company advertising revenue by more than $1-billion (U.S.).

MAY
20
2008

Microsoft begins talks with Yahoo again

Microsoft released a statement on Sunday, saying that it is further aiming to “improve and expand its online services and advertising business,” hinting at the possibility of raising another deal with Yahoo! Inc., after it had previously withdrew its proposal to acquire the owner of the popular Web search engine.

MAY
20
2008

US Supreme Court upholds child pornography law

The US Supreme Court upheld a federal law that punishes people who advertise or solicit child pornography.

MAY
20
2008

Woodside petroleum is cleared in Mauritanian bribery allegation

Woodside Petroleum Ltd., Australia´s second-largest oil and gas producer, said it has been cleared of allegations of bribing a Mauritanian government official.

MAY
20
2008

Ex-Lehman executive indicted in South Korea for receiving bribe

A former Lehman Brothers Holdings Inc. executive was indicted in South Korea for allegedly receiving money to help boost the stock price of a South Korean company, the prosecutors´ office said.

MAY
20
2008

Metrovacesa settles with Legal & General on london development

Metrovacesa SA, Spain´s largest real estate company, reached an out-of-court settlement with U.K. insurer Legal & General Group Plc on a development in London.

MAY
20
2008

Turkey introduces smoking ban

A law extending a smoking ban in Turkey to most enclosed areas - including taxis, ferries and shopping malls - came into effect Monday in the nicotine-addicted nation.

MAY
19
2008

MPs to vote on human-animal embryos

MPs vote on Monday on far-reaching changes to Britain´s laws on fertility research, including controversial proposals to allow scientists to create hybrid human-animal embryos.

MAY
19
2008

Aristocrat settles class action case

Aristocrat Leisure has reached a settlement behind closed doors to end a shareholders´ class action, which could cost the gaming giant as much as $40 million.

MAY
19
2008

BAE executives detained in U.S.

BAE Systems confirmed Monday that chief executive Mike Turner and non-executive director Nigel Rudd were briefly detained by U.S. officials when they landed in the United States on business last week.

MAY
19
2008

EU fights rise in fake medicine, toys, consumer goods

Counterfeiting of medicine, toys, food and other consumer goods is increasing, European Union customs officials said in a report voicing concern that more potentially dangerous products are coming onto the market.

MAY
19
2008

Chinese insurers paid $1.3 million earthquake claims

Chinese insurance firms have paid a total 9.3 million yuan ($1.3 million) in claims related to China´s most powerful earthquake since 1950, the industry regulator said.

MAY
16
2008

"Blade Runner" wins Olympic appeal

A double amputee sprinter has won the right to be eligible to compete at this summer´s Olympic Games in Beijing after sport´s highest court backed his appeal against a ban imposed by athletics authorities.

MAY
16
2008

Judges will lose power to set prison terms

Freedom to set jail terms for criminals will be reduced under Government plans to ease the crowded prison system by imposing more community sentences.

MAY
16
2008

Barnes Foundation wins ruling for plan to move to Philadelphia

The Barnes Foundation won the latest round in a legal dispute over a plan to move its collection of impressionist art to Philadelphia, against the wishes of some residents in the museum´s current suburban location.

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