The Securities and Exchange Commission has agreed to pay $755,000 to settle a wrongful termination suit filed by a former staff lawyer at the agency who was abruptly fired in 2005 during an investigation into possible insider trading by Pequot Capital Management, a giant hedge fund, and its co-founder, Arthur J. Samberg.
Usinas Siderurgicas de Minas Gerais SA, Brazil’s second-largest steelmaker, agreed to sell a stake in its mining and railroad businesses to Sumitomo Corp. for $1.93 billion ahead of a possible sale of shares in the unit.
Reviving a debate about protectionism in Europe, the Portuguese government Wednesday blocked a €7.15 billion bid by Telefónica of Spain to take full control of a Brazilian wireless joint venture it holds with Portugal Telecom.
The EU paid illegal subsidies to aircraft giant Airbus, the World Trade Organization (WTO) has ruled, in the latest twist in a long-running dispute.
The French Parliament gave final and unanimous approval on Tuesday to a law that makes “psychological violence” a criminal offense as part of a law intended to help victims of physical violence and abuse, especially in the home.
The Supreme Court has ruled that British troops are not protected by human rights laws on the battlefield.
Within the ornate cream villa of the French cosmetics billionaire Liliane Bettencourt mingled two societies, the wealthy upstairs clan and the downstairs staff who were paid handsomely and trusted to be discreet, while some seethed in secret at a perceived intruder in their midst
A Crown Prosecution Service (CPS) lawyer has admitted taking a share of a £20,000 bribe to drop a case.
Fifa president Sepp Blatter has warned France may be banned from international football if its government interferes in the running of the national side.
Threats from prisoners to guards are already being widely reported as a result of the looming smoking ban in prisons, the Corrections Association says.
Brazilian central bank President Henrique Meirelles said he favors a “faster” revaluation of the Chinese yuan after the country committed to ending the currency’s fixed exchange-rate peg to the dollar.
Le Monde, France´s struggling newspaper of record, accepted an offer from investors including Yves Saint Laurent Group partner Pierre Berge, snubbing President Nicolas Sarkozy, who had opposed the bid.
In the end, Bilski may have been a bust.
The Supreme Court announced on Monday that it would not take up either government or industry appeals of a landmark racketeering verdict against cigarette companies for what a lower court judge had termed a half-century of lying over the health effects of smoking.
China and Taiwan have signed a historic trade pact, seen as the most significant agreement since civil war split the two governments 60 years ago.
Banco Popular said that its agreement to create a new bank with France’s Crédit Mutuel-CIC will enable it to book 367 euro million in pre-tax capital gains, besides enjoying 600 million euro in liquidity.
More than 9,000 protesters marched through Athens today as Greek unions staged their fifth general strike of the year to challenge government plans to cut pension benefits and loosen labor laws.
Google has announced a "new approach" in its ongoing battle with China over censorship.
The U.S. Supreme Court on Monday expanded the reach of the Second Amendment to the states, opening the door to challenges of local handgun laws across the country.
Chanchala Devi always wanted a house. Not a mud-and-stick hut, like her current home in this desolate village in the mineral-rich, corruption-corroded state of Jharkhand, but a proper brick-and-mortar house. When she heard that a government program for the poor would give her about $700 to build that house, she applied immediately.
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