Legal & Regulatory
Greece to sell of stakeholdings in Hellenic Petroleum, DEPA and DESFA
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Wal-mart execs get negative votes from shareholders
Wal-Mart CEO Michael Duke is under fire after allegations of bribery of the Mexican government. (Photo : Reuters)Wal-Mart Stores Inc, which is facing bribery investigations by the U.
Google Purchase of Waze Creates Ripples
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
Exide Tech seeks bankruptcy
Battery producer Exide Technology files for Chapter 11 bankruptcy after losing against competition. Global battery producer Exide Technologies filed for bankruptcy after it faced $31 million in interest payments in August and losing against rivals.