EU Regulators to Fine Big Drug Firms
EU antitrust regulators will fine nine drugmakers this month for blocking the entry of cheaper generic medicines to the market.
HSBC Chairman Urges Acceleration of Banking Reform
The bank's chairman said the pace of reform in the banking industry must be accelerated to avoid investor confidence in the sector being undermined.
EU Wants Corporate Giants to Reveal National Tax Bills
European Commission's top regulatory official wants large companies should disclose how much tax they pay in each country where they operate.
IMF's Lagarde Urges Euro Members for Banking Union
For European banking union to succeed, all EU member countries need to be in agreement, said the managing director of the IMF.
Report: EU Set to Bless Liberty's $15.8B Takeover of Virgin Media
EU antitrust regulators are reportedly expected to clear the takeover bid by cable group Liberty Global for British peer Virgin Media without requiring concessions.
Anonymous Aims To Annihilate ISIS in Cyber War
In the aftermath of the Paris terrorist attacks last week, and the new threats that have emerged since, a new breed of vigilantes wants to wage a war against ISIS on a new battlefield...online.
Report: Google to Close Engineering Office in Russia
Google Inc has plans to shut down its engineering office in Russia amid a crackdown on internet freedoms and a law regarding data-handling practices, the Wall Street Journal reported.
Will Congress Scuttle the AbbVie-Shire Merger?
AbbVie's $55B deal to buy Irish drug maker Shire would mark the largest tax inversion ever, as a growing number of U.S. firms eye lower rates overseas.
Nokia's Microsoft Deal Delayed by Asian Regulators
Nokia revealed the $7.4 billion sale of its devices and services division to Microsoft is being delayed several weeks as the companies await regulatory approval in Asia.
Citigroup Reveals Federal Probe into Anti-Money Laundering Compliance
A federal grand jury is looking into Citigroup's compliance with the U.S. Bank Secrecy Act and anti-money laundering regulation.
Google Lands EU Antitrust Pact After Making New Concessions
Google has offered further concessions to address regulatory concerns about its search technology, effectively settling a three-year EU investigation and avoiding a fine of up to $5 billion.
Report: Google Nears Antitrust Settlement in Europe
Google has reportedly made new concessions to antitrust regulators in Europe in an effort to settle a three-year probe.
EU Regulators Green Light Microsoft's $7.3B Nokia Buy
European Union regulators approved Microsoft's $7.2 billion buyout of Nokia's device business, without conditions.
Report: European Union Regulators Set to Bless Microsoft's Nokia Deal
A blessing from Europe helps clear the way for Microsoft’s biggest-ever transaction, aimed at cementing its shift to a devices-and-services company.
European Central Bank Loses Top Spokesperson to Deutsche Bank
The European Central Bank’s long-time spokesperson will leave to head up the communications division of Germany’s largest lender.
SEC Eyes Investment Firms' Exposure to Turbulent Russia
The SEC recently contacted public funds with exposure to Russian markets to confirm they are weighing risks and properly disclosing their investments. U.S. May Sanction Russian Economy | Russia to Hit Back at 'Every Hostile Thrust'
Citi Facing Multiple Probes Over Currency Trades
The U.S. bank with the biggest international business, said government agencies and authorities are investigating its foreign-ex trading.
Goodyear Workers Take Over French Plant
Workers at Goodyear's French unit took over a plant Wednesday as part of an ongoing protest over the facility's pending closure.
French Government Objections Break Up Yahoo's Deal for Dailymotion
Yahoo will not acquire a majority stake in the online video website due to objections by the French government.
New Charlie Hebdo Reaches Global Audience
A week ago, Charlie Hebdo was a niche publication little known outside France, with a circulation of 60,000. On Wednesday the satirical newspaper's first issue since last week's deadly attack on its staff went on sale with an initial print run of 3 million copies and front-page coverage around the world. There was brisk bidding for copies of Charlie Hebdo on Internet auction sites.