Russian energy firm Sintez Group said on Monday it was suing German utility RWE for $1.41 billion for breaking their agreement to jointly buy Russian electricity generator TGK-2.
Webster Financial Corp. said Friday it received preliminary approval for $400 million in capital as part of the U.S. Treasury Department´s plan to directly invest in banks.
Under the watchful eye of law enforcement in 40 states, Craigslist pledged Thursday to crack down on ads for prostitution on its Web sites.
Consolidation in the Japanese electronics sector, which is struggling with a rapidly deteriorating spending environment, gathered pace Friday as Panasonic and Sanyo said they were pursuing a merger
Rambus Inc., seeking to block U.S. imports of computer-graphics chips made by Nvidia Corp. and products that contain them, filed a trade complaint alleging infringement of its high-speed computer-memory patents.
BNP Paribas SA and Societe Generale SA, France´s two largest banks, were each fined 500,000 euros ($642,000) by the country´s market regulator for overly aggressive marketing of Electricite de France SA shares in 2005.
The board of the International Monetary Fund on Wednesday approved $16.4bn bailout package for Ukraine intended to stabilise the country’s banking system and mitigate the impact of a collapse in the price of steel, one of its biggest exports.
Voters in two US states with large immigrant populations on Tuesday defeated ballot measures dealing with illegal immigrants, according to unofficial results.
The Tokyo District Court on Wednesday sentenced former Japanese administrative vice defense minister Takemasa Moriya to two and a half years in prison for accepting bribes and committing perjury.
A constitutional amendment effectively banning same-sex marriage appeared to pass in California with most of the vote counted Wednesday, while voters in Arizona and Florida Tuesday approved similar measures.
Voters in Michigan overwhelmingly approved a medical marijuana ballot measure -- making it one of a quarter of states to allow severely ill patients to use the illegal drug.
Washington will become the second state to allow doctors to prescribe lethal doses of medication for terminally ill patients seeking to hasten their deaths.
One of the top engineering executives at IBM Corp.´s Austin operations is jumping to Apple Inc. But IBM has filed suit in an effort to keep Mark Papermaster, one of its top executive stars.
Culminating a nearly year-long process to be reimbursed for bad loans in securities it insured, Ambac Financial Group Inc. (ABK) will file a complaint over four transactions it insured for a Bear Stearns subsidiary.
American International Group Inc. violated shareholders´ rights and Delaware law by accepting the federal government´s bailout in exchange for a majority stake in the insurance company, an investor claimed in a lawsuit.
Cable companies, including Cablevision Systems Corp. and Verizon Communications, are under investigation by the Federal Communications Commission over their pricing policies.
Russian President Dmitry Medvedev proposed extending the presidential term to six years from four years on Wednesday, a step he said was needed to deal with massive challenges facing the country.
In an attempt to make headway against rampant film piracy, Warner Bros. will distribute newly released films online in China.
Tuesday, the Supreme Court heard a case concerning the use of indecent speech on live television within time-frames when children are likely to be watching TV, the legal action having been filed by the Federal Communications Commission (FCC) against broadcasters.
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