EBay Inc will institute a global ban on the sale of all types of ivory products by January 1, 2009, after a conservation group investigation found more than 4,000 elephant ivory listings on the online auction site.
Parmalat has been ordered to pay Citigroup $364 million in damages, after a New Jersey state court jury found that the bank did not aid executives in looting the Italian dairy company prior to its collapse in 2003.
The Environmental Protection Agency (EPA) announced its new standards for airborne lead particles. The change was recomanded by the federal science advisers especially because such a move hasn’t been done in over three decades.
US energy company Exelon has offered to buy its competitor, NRG Energy, for 6.2 billion dollars in a deal which would create a national energy giant worth about 60 billion dollars.
The Dutch government will invest €10 billion ($13.4 billion) in ING Groep NV to boost the bank and insurance company´s capital position, officials said.
Hong Kong plans to revise rules to improve the ability of its food-safety regulator to recall and ban product imports and sale after more than 41,700 children were checked for melamine contamination from Chinese milk products.
National Bank of Greece SA, Greece´s biggest bank, filed a lawsuit against the Turkish regulators to challenge a ruling demanding a new call offer in Turkish leasing company Finans Finansal Kiralama AS.
Drug giant Pfizer Inc. has reached an $894 million deal to end most of the lawsuits over its two prescription pain relievers, the popular Celebrex and a similar drug, Bextra, no longer on the market.
Italy has discovered two containers of milk and one of yogurt containing melamine, the industrial chemical that contaminated milk powder in China and hospitalised thousands of babies, the health ministry has said.
YouTube has refused requests by Sen. John McCain to review campaign-related videos taken off the Web site because of copyright protests, suggesting that if McCain is unhappy with the current copyright protections he can work on changing the law, according to The American Lawyer.
The FBI is investigating allegations of voter registration fraud involving the Association of Community Organizations for Reform Now (ACORN) ahead of the November presidential election.
China agrees to fulfill Pakistan´s aspiration for an expanded nuclear program after a nuclear deal was struck between the US and India.
Germany´s lower house of parliament on Friday overwhelmingly approved a €500 billion (US$675 billion) rescue package for the country´s financial markets, clearing the way for approval in the upper house later in the day.
The U.S. government has helped break up one of the largest organized spam rings in the world, which was responsible for sending billions of unsolicited e-mails.
Wal-Mart Stores Inc., the world´s biggest retailer, was sued by Nike Inc. for allegedly selling footwear that infringes one of the sportswear-maker´s patented designs.
U.S. prosecutors are adding employees to investigate New York-area financial firms for possible fraud linked to a global credit crisis that wiped out $30 trillion of equity value in the past year.
Two classified memos sent from the Bush administration to the CIA in 2003 and 2004 explicitly sanctioned the use of certain harsh interrogation techniques, including waterboarding, the Washington Post reported Wednesday.
A judge has thrown out a Nebraska legislator´s lawsuit against God, saying the Almighty wasn´t properly served due to his unlisted home address. State Sen. Ernie Chambers filed the lawsuit last year seeking a permanent injunction against God.
European Union leaders have agreed to stick to ambitious targets for tackling climate change, despite calls by eastern European countries for caution in light of the global economic crisis.
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