Beijing has high expectations for U.S. President Barack Obama´s economic recovery strategy, but worries remain about the safety of China´s assets in the United States, Premier Wen Jiabao said on Friday.
The Criminal Justice and Licensing (Scotland) Bill has been unveiled by the Scottish Government, outlining the significant changes that are planned for the country.
HSBC Holdings Plc and Bank of New York Mellon Corp. were accused in a lawsuit of failing to protect $1.6 billion in collateral for structured notes linked to bankrupt Lehman Brothers Holdings Ltd.
Bernard Madoff, a symbol of investor distrust in a global recession, was jailed after admitting he masterminded the largest Ponzi scheme in history, an epic swindle that may have reached $65 billion.
Police say a gunman dressed in a black combat uniform opened fire at a high school in southern Germany this morning, killing at least 10 people and injuring others before fleeing the scene.
Toyota is cutting pay and production at its two UK factories by 10% for a year as it tries to ride out the recession.
The cutbacks will start in 1 April and affect 3,900 workers at its factory in Burnaston near Derby and a further 600 in Deeside in north Wales.
An Alabama man went on a shooting spree Tuesday, killing 10 people -- family members and apparent strangers -- before turning the gun on himself, officials said.
In the face of spiraling drug violence that has shaken the country, the Mexican army has taken a lead role in attempting to thwart the narcotraffickers. But its ability to do so has been hurt by a large number of desertions, government officials say.
The scene at South Carolina´s Greenville First Bank last month could have been taken out of a Hollywood movie, as a bank robber held terrified hostages at gunpoint until they were able to escape to freedom.
A federal judge in Erie, Pa., today sentenced a retired state-court judge to nearly four years in prison for falsely claiming to have suffered debilitating injuries in a 2001 auto accident.
Bernard Madoff, accused of an "unprecedented" $50 billion financial swindle, was charged on Tuesday with 11 criminal counts that could put him in prison for the rest of his life.
Two government agencies have 19 months to distribute $7.2 billion in stimulus funds for broadband deployment projects in all 50 states--and already thousands of potential grant recipients are knocking at their doors.
Merck, the American pharmaceutical giant, will pay $41 billion to acquire its rival Schering-Plough, the two companies said Monday.
UK Prime Minister Gordon Brown Monday arrived at the Northern Ireland military base where two soldiers were gunned down over the weekend in an attack that has sparked fears of a return to sectarian violence in the region.
A Swiss man confessed to trying to blackmail Susanne Klatten, Germany’s wealthiest woman and heiress to automaker BMW’s controlling family, on the first day of his trial today.
The U.S. government´s director for cybersecurity resigned on Friday, criticizing the excessive role of the National Security Agency in countering threats to the country´s computer systems.
An Illinois sheriff filed a federal lawsuit Thursday against the owners of craigslist, accusing the popular national classified-ad Web site of knowingly promoting prostitution.
Caroline Harris and Julie McMullan, a lesbian couple, have won their battle to receive IVF from the Greater Glasgow and Clyde NHS Board. The board had argued that the couple did not fit the definition of an infertile couple as their assisted conception service was for couples who had tried to conceive normally without success. The list for treatment has 460 couples applying for the service and the waiting time is 95 weeks.
US litigation leader Quinn Emanuel Urquhart Oliver & Hedges is suing one of America’s top legal recruiters in a highly unusual dispute regarding the hiring of two IP partners.
The Law Commission of Ontario has released a consultation paper written by Professor Janet Walker (Osgoode Hall Law School, York University). The paper (available here) proposes that Ontario’s current law on the taking and retaining of jurisdiction in civil matters is in need of reform.
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