U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
Legal & Regulatory
JPMorgan: U.K. Water M&A possible amid regulator review
JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
China continues crackdown on corruption
China's corruption goes on overdrive with PetroChina officials falling in its wake. In a widening effort to push its anti-corruption campaign, China has included the country's most valuable company in its dragnet.
Frankfurt court clears Deutsche Telekom of overcharging
Deutsche Telekom was cleared of any wrongdoing in lawsuit filed by Kabel Deutschland. Deutsche Telekom emerged victorious when a Frankfurt court dismissed an overcharging case filed against the telecommunications company.
Thailand to appeal Philip Morris win in tobacco case
The Thai government would be looking to appeal Philip Morris International Inc's victory in tobacco case requiring larger health warnings on cigarette packs.
Latest News
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Las Vegas Sands Corp pays USD47.4 million to end federal probe on suspicious cash flow. The Las Vegas Sands Corp, operator of the Venetian and Palazzo hotel complex in Las Vegas, agreed to pay USD47.
The Hong Kong Stock Exchange would need to make a difficult decision on Alibaba's proposal to retain control after its planned IPO.
The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
The US Federal Communications Commission said it is working with CBS and Time Warner to bring an end to the blackout that affected their consumers.
The Federal Housing Finance Agency (FHFA) had pegged USD6 billion as settlement amount for the agency to stop seeking action against JP Morgan
