NOV
12
2014

Germany can deny benefits to jobless EU migrants, court rules

The European court of justice (ECJ) has ruled that Germany can refuse welfare benefits to EU migrants if they have never held a job in the country.

NOV
12
2014

Regulators fine global banks $3.4 billion in forex probe

Global regulators fined five major banks, including UBS (UBSN.VX), HSBC (HSBA.L) and Citigroup (C.N), $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market.

NOV
12
2014

Apple must face U.S. lawsuit over vanishing iPhone text messages

Apple was ordered to face a U.S. federal lawsuit claiming it failed to tell consumers that its messaging system would block them from receiving text messages if they switched to Android-based smartphones from iPhones.

NOV
12
2014

US turns up heat with criminal investigation into Petrobras

The US Department of Justice has opened a criminal investigation into the company, whose American depositary receipts trade in New York.

NOV
12
2014

Alibaba open to working with PayPal

Alibaba Group Holding Ltd is open to working with eBay Inc´s PayPal to expand its payment options.

NOV
12
2014

U.S. and China Agree to New Cuts to Combat Climate Change

The climate deal capped two days of meetings and announcements of deals that Obama and Xi said marked a high point for U.S.-China cooperation.

NOV
12
2014

Brazil police kill six people a day

The Brazilian Forum on Public Safety said law enforcement agents in the US, by comparison, had killed a similar number over the past 30 years.

NOV
11
2014

Argentine Bank Linked to Money-Laundering Probe

Regulators have been cracking down on some banks for failure to root out suspicious activity, most recently requiring BNP Paribas SA to pay $9 billion and plead guilty to violating sanctions on doing business with countries including Iran and Sudan earlier this year.

NOV
11
2014

U.S. and China Strike Trade Deal to Cut Tech Tariffs

Path now smoothed for the first major tariff-slashing initiative at the World Trade Organization in nearly 20 years.

NOV
11
2014

Alibaba Goes Global, Singles Day Sales Top $5.9 Billion

AliExpress has become the top shopping site in Russia and Brazil, even though the company doesn’t have any staff in those countries, billionaire founder Jack Ma said in September.

NOV
11
2014

McDonald´s Recalls 2.5 Million ´Hello Kitty´ Happy Meal Toys

McDonald´s is recalling 2.5 million Happy Meal toys given away at its restaurants in the U.S. and Canada over a potential danger to young children.

NOV
11
2014

Marijuana Arrests Down Across US, But Advocates Want More Progress

Marijuana law reform groups said they were glad to see that the arrest numbers had fallen since 2012, but argued that continuing to arrest people for the possession of marijuana should be seen as a failure of law enforcement.

NOV
11
2014

Portugal Telecom shares spike on bid

Angolan president´s daughter, has offered €1.35 a share for Portugal Telecom, which is controlled by Brazilian telecommunications group Oi.

NOV
11
2014

London´s Gherkin sold to Brazilian billionaire

The Gherkin, one of the most distinctive buildings on London´s skyline, has been bought by a Brazilian billionaire.

NOV
11
2014

Twitter opening office in HK despite China ban

Social media giant Twitter will open an office in Hong Kong next year.

NOV
10
2014

New rules proposed to put an end ´too big to fail´ banks

Mark Carney, said the plans marked a watershed in ending banks that are too big to be allowed to fail.

NOV
10
2014

Japan´s Abe and China´s Xi hold ice-breaking meeting as Apec starts

The Chinese president, Xi Jinping, and Japan’s prime minister, Shinzo Abe, have met in Beijing for their first formal talks since 2012, marking a diplomatic breakthrough after years of soured ties over competing territorial claims in the East China Sea.

NOV
10
2014

Obama says momentum building on ´historic´ trans-Pacific trade deal

U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour.

NOV
10
2014

Detroit bankruptcy exit plan approved by US judge

he plan includes a 4.5% cut to the pension plans of general retirees, spending $1.7bn to demolish abandoned buildings and other measures to erase nearly $7bn of debt.

NOV
10
2014

Malaysia appeals court strikes down anti-crossdressing law

Individuals who identify as lesbian, gay, bisexual or transgender (LGBT) have struggled both domestically and internationally against discriminatory laws.

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