India loosened rules for foreign direct investors on the local retail industry as part of its drive to lure more foreign firms.
Legal & Regulatory
Chinese regulators urge recall of Fonterra products after latter issues warning of bacteria contamination
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
Apple describes US' proposal to regulate e-book sale as "draconian and punitive"
Apple described the US Justice Department's proposal to regulate its e-book sales as "draconian and punitive."
Richmond sues Chevron Corp for willful negligence in last year's refinery fire
The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.
San Francisco District judge denies class action certification by women filing case against Wal-Mart
San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.
Latest News
Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
Microsoft expressed its concern regarding the "Spying on Kiwis" Bill during a committee meet last Thursday.
Last Thursday, jurors looked for clarity on information to be able to decide on the case of the former Goldman Sachs vice president, Fabrice Tourre.
Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.
JPMorgan was accused by Siena prosecutors with obstruction in the Monte Paschi probe after withholding information from regulators who conducted the investigation.
DBS Group Holdings Ltd ended its offer to takeover the controlling stake for PT Danamon Indonesia valued at USD6.5 billion after failing to meet regulatory approval.
After six hours of trial, District Court Judge, Katherine Forrest sent the jury home and will resumed deliberation on Tourre's case on Thursday.
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
The rejection of Fiat SpA's request to value 54,000 Chrysler shares by the Delaware Chancery Court allowed the United Auto Worker's retiree trust case to go to trial but Fiat remained unfazed.
