Italy' economy minister assures the market that Italy has no policy to oppose foreign bids for domestic enterprises.
Legal & Regulatory
Monte Paschi expects approval of tougher restructuring plan on Sept 24
Monte Paschi announced that it would approve a stricter restructuring plan on September 24 to qualify for a state bailout.
China on the rebound according to customs agency
The General Administration of Customs registered above projected numbers in terms of overseas shipments.
Abu Dhabi looks for retail kiosks investors
The Municipality of Abu Dhabi launched a new project and sought for investors in its planned installation and operation of street retail kiosks.
India set to impose EUR150 million probe for BMW customs violations
BMW is appealing a decision to impose a EUR150 million fine for alleged customs laws violations. German car giant BMW is set to face fines worth EUR100 million in India for allegations of violations committed against the country's importation rules.
Latest News
Detroit attorneys filed their case in the US Bankruptcy Court in Detroit last Friday for the city's request for bankruptcy protection.
Foreign companies in China strengthened their compliance of laws as authorities continue their antitrust and corruption probes.
Global cruise operator Carnival Corporation & plc would be investing USD180 million from its own capital in "scrubber technology" to comply with the air emission standards of the US Environmental Protection Agency (EPA).
Reuters reported that that the ruling governments of Australia and Norway would face possible defeat in polls set for this month.
President Nursultan Nazarbayev confirmed that Kazakhstan would be inking 22 deals with China worth USD 30 billion on Saturday.
Bruce Bent and the Reserve Primary Fund management agreed to settle with their shareholders for USD 54.5 million.
President Uhuru Kenyatta's office said Africa's richest man Aliko Dangote would invest in a USD 400 million cement factory in Kenya.
Court papers released to the public on Friday indicated that Bank of American Corp. and Merrill Lynch & Co. would be settling on its gender bias lawsuit filed on behalf by its female brokers for USD39 million.
U.S. District Judge Denise Cote would be exposing new restrictions on its ebook retail unit and will appoint an external monitor to oversee Apple would not be violating antitrust laws.
