BP, Shell, Statoil in U.S. Lawsuit Over Alleged Oil Manipulation -FTComments OffBP PLC (BP.LN), Royal Dutch Shell PLC (RDSA.LN) and Statoil ASA (STL.OS) have been named in the first lawsuit to be filed following a European Commission antitrust investigation into alleged manipulation of oil prices and benchmarks, the Financial Time… |
Chinese premier criticizes EU move on trade measuresComments OffChinese Premier Li Keqiang criticized the European Union over its plans to investigate alleged anti-competitive behavior by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported. |
Lobbying in American-US Airways deal focuses on small citiesComments OffUS Airways Group and American Airlines , seeking approval for a merger that would create the world’s largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead to less service for small and medium-sized cities… |
Ex-Virginia bank executives guilty in financial crisis caseComments OffThe former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank’s 2011 collapse. |
Visa, MasterCard Strike Back at Swipe-Fee Settlement FoesComments OffVisa Inc. (V) and MasterCard Inc. (MA) are firing back at retail trade groups trying to derail a pending $7.25 billion settlement over so-called merchant swipe fees. |
