Piedmont was asked to pay Dexia Crediop SpA and Intesa Sanpaolo SpA US$47 million due to interest-rate swap agreement.
Legal & Regulatory
Miami Heat rebounds statement on Miller amnesty
The Miami Heat released Mike Miller by invoking the amnesty clause. Following the famous release of Metta World Peace, Mike Miller is the latest NBA player on the receiving end of the amnesty clause.
SEBI to work closely with PEs in addressing concerns
The SEBI will work closely with the PE and venture capital industry in addressing concerns. The Securities and Exchange Board of India (SEBI) planned to work closely with the private equity and venture capital firms in addressing concerns of the industry.
Aviva watches out for red flags as US$112 billion worth of bonds matures
Aviva Plc watched out for default red flags as US$112 billion of all the kinds of bonds matures during China's crackdown.
Recent Ukrainian court practice deemed to affect commercial transactions
Recent Ukrainian court practice was deemed to affect commercial transactions. Recent practices of courts in Ukraine were deemed to negatively affect commercial banking transactions.
Latest News
KTVU fired the intern responsible for the blunder, while others sue NBC for non-payment and non-education.
A news report that showed 'racist' and fake names damaged the reputation of Asiana, the budget carrier said.
The insurance deal between Athene and Aviva was placed under review. The insurance deal between Athene Holding Ltd. and Aviva PLC was placed under review.
Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.
Denmark advised Danish banks to disregard the European directive to reduce exposure charges The European Parliament, in an attempt to align with the Basel Committee on Banking Supervision's regulation, passed a directive that will simplify the risk calculation for small- and medium-sized business loans.
The US and China agree on parameters as to intellectual property and trade secrets. The concerns on cyber theft of intellectual property as well as trade secrets were acknowledged by both the United States and China.
After the acquittal of Zimmerman, protests broke and gun sales increased. After the announcement of George Zimmerman's acquittal from his murder trial yesterday, the United States Justice Department said that they will be conducting further review on the case.
After his acquittal to the murder of a teenager, Zimmerman pursued his suing of NBC News. The acquittal of George Zimmerman allowed him to pursue his case against news network NBC News for the mis-editing of this police call prior to the shooting.
The Reserve Bank of India imposed US$8.3 million in fines for 22 lenders that flouted rules and regulations on anti-money laundering.
