JUL
13
2010

L´Oréal row minister to resign as Sarkozy party treasurer

Eric Woerth, the French minister at the heart of a political furore surrounding the fortune of L´Oréal heiress Liliane Bettencourt, said today he would step down as treasurer of Nicolas Sarkozy´s party in a move designed to appease critics calling for his resignation from the government.

JUL
13
2010

Worst oil stock after BP as politics hurt share

Petroleo Brasileiro SA is the world´s second-worst performing oil company this year, behind only BP Plc, on concern Brazil´s government will force the producer to pay more than investors originally expected for crude reserves.

JUL
13
2010

Pro se representation is up -- and that´s bad, say judges in ABA survey

A survey of state judges by the American Bar Association indicates that fewer parties in civil cases are being represented by lawyers, and in the opinion of most of the judges, the outcomes of those cases are worse for it.

JUL
13
2010

Itau surpasses Goldman Sachs in Brazilian bond sales

Itau Unibanco Holding SA overtook Citigroup Inc. and Goldman Sachs Group Inc. in Brazilian bond underwriting, leading a push by local banks to grab market share from international banks hurt by the global financial crisis.

JUL
13
2010

Azul: The next JetBlue

Striding through his office complex in Brazil, David Neeleman recounts the various lessons he´s learned in 18 years of starting businesses.

JUL
13
2010

India to overtake China as world´s biggest country by 2026, says report

Officials say the rise in population to more than 1.6 billion by 2050 will threaten the country´s rapid economic development.

JUL
13
2010

Legal training system failing law students

The government´s decision last week to scrap training grants for would-be legal aid lawyers was as inevitable as it was sad, and was all the more pointed for coming the day after the Association of Graduate Recruiters (AGR) named law firms as the highest-paying graduate employers.

JUL
13
2010

Judiciary panel to vote July 20 on Kagan’s nomination

The Senate Judiciary Committee will vote July 20 on Elena Kagan’s nomination to the U.S. Supreme Court, in time for her to be confirmed by early August about two months before the beginning of the next court term.

JUL
13
2010

China Internet regulator vows to reduce online anonymity, pushes real-name registration plan

A leading Chinese Internet regulator has vowed to reduce anonymity in China´s portion of cyberspace, calling for new rules to require people to use their real names when buying a mobile phone or going online, according to a human rights group.

JUL
13
2010

Glaxo said to pay $460 Million to settle Avandia lawsuits

GlaxoSmithKline agreed to pay about $460 million to resolve a majority of lawsuits alleging the company´s Avandia diabetes drug can cause heart attacks and strokes, people familiar with the accords said.

JUL
13
2010

Academic study: eBay sellers shirk sales tax law

Economists´ findings come as states and Congress look for new ways to collect tax on Internet sales.

JUL
13
2010

Woman fired after getting breast cancer awarded $20,000

The Human Rights Tribunal of Ontario has awarded $20,000 to a woman who was fired after telling her employer she had breast cancer.

JUL
13
2010

Aussie protester Conor David Purcell ´ready to plead guilty´

The lawyer of an Australian man says her client is ready to plead guilty in a Thai court to breaching emergency power laws during protests earlier this year.

JUL
13
2010

China to tighten rules on food safety

Chinese government officials pledged Tuesday to improve regulations on food, particularly dairy products, following last week´s seizure of 64 tons of milk powder containing 500 times the acceptable level of toxic melamine.

JUL
13
2010

Automated debt-collection lawsuits engulf courts

As millions of Americans have fallen behind on paying their bills, debt collection law firms have been clogging courtrooms with lawsuits seeking repayment.

JUL
13
2010

Alleged ´mafia boss´ among suspects arrested in Italy

The man believed to be the "top boss" of an alleged Italian crime family is among those arrested in a police sweep.

JUL
13
2010

Bank of America admits to ´dollar rolling´ $10 billion in debt

Bank of America Corp. has admitted to maneuvering as much as $10.7 billion in debt from its balance sheet and then back again through repurchasing deals that the bank called "dollar rolls."

JUL
13
2010

Female Czech MPs pose for calendar

The 2011 calendar features four women MPs from the Public Affairs party wearing little in the way of clothing in a series of images that dispatch the traditional image of staid and serious parliamentarians.

JUL
13
2010

French parliament approves ban on face veils

France´s lower house of parliament has approved a ban on Islamic veils, a move that is popular among French voters despite the serious concerns of Muslim groups and human rights advocates.

JUL
13
2010

Airline challenge to congestion pricing is rejected

A U.S. appeals court rejected airlines´ challenge to a regulation letting airport operators charge more at busy times of the day to reduce delays.

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