BUENOS AIRES, Dec 5- Argentina has begun talks with Repsol about compensation to the Spanish oil major for last years nationalization of the South American country's top oil company, YPF, a government official said on Thursday.» Read More
LONDON, July 22- Britain's competition watchdog has ditched its more radical ideas for shaking up an accounting market dominated by the "Big Four" audit firms, leaving it to the European Union to take tougher action.
The U.S. commodities market regulator has put Wall Street banks and other big traders on notice for a possible investigation of their metals warehousing practices.
NEW YORK, July 21- The U.S. commodities market regulator has put Wall Street banks and other big traders on notice for a possible investigation of their metals warehousing businesses following years of complaints about inflated prices.
July 21- With more than $18 billion at stake in Detroit's restructuring, big law firms and other advisers are clamoring to represent the city's many creditors- including some advisers not exactly known for municipal work. David Dubrow, a lawyer at Arent Fox, confirmed on Saturday that he has been tapped by Ambac Financial Group.
NEW YORK, July 19- The U.S. Securities and Exchange Commission on Friday charged hedge fund mogul Steven A. Cohen with failing to supervise a former SAC Capital Advisors portfolio manager and another SAC executive, both of whom are facing criminal and civil insider trading charges.
July 19- A U.S. judge on Friday gave final approval to the settlement of a class action lawsuit against Toyota Motor Corp by plaintiffs who claimed design defects caused some of the company's vehicles to accelerate without warning.
WASHINGTON, July 19- Service Corp International, the biggest U.S. funeral services company which has bought up rivals for two decades, is likely to get approval from U.S. antitrust officials for its bid to acquire the No. 2 chain, Stewart Enterprises Inc, antitrust experts told Reuters.
At a federal district court hearing in Washington, a pro- Israel group, Z Street, argued that it has a legal right to sue the IRS for allegedly targeting its 2009 application for extra scrutiny. As a result, they said, Z Street must use an established IRS appeals process to resolve any dispute over the way its application was handled.
NEW YORK, July 19- The CDS spreads in Community Health Systems eroded more than 10% on Friday on a raft of bad news for the hospital operator, which pre-announced disappointing earnings and a widening investigation of the company by the US Department of Justice.
NEW YORK, July 19- The U.S. Securities and Exchange Commission voted to reject a deal its enforcement division had struck with once high-flying hedge fund manager Philip Falcone and his hedge fund Harbinger Capital Partners, according to a regulatory filing on Friday by Falcone's publicly traded company Harbinger Group Inc..
July 19- A federal judge on Friday granted a preliminary injunction exempting the arts and crafts chain Hobby Lobby Stores Inc from a portion of the 2010 healthcare law requiring many companies to provide employees with insurance coverage for birth control.
NEW YORK, July 19- The U.S. Securities and Exchange Commission voted on Thursday to reject a deal its enforcement division had struck with embattled hedge fund manager Philip Falcone and his hedge fund Harbinger Capital Partners, according to a regulatory filing by Falcone's publicly traded company Harbinger Group Inc..
*Conditions challenging in north, central, south Europe- CEO. LONDON, July 19- Vodafone said it did not expect any let-up in the pressures weighing on its business, as the world's second-largest mobile operator reported first-quarter results hit by regulation and recession across Europe.
SYDNEY, July 19- Australia's takeover regulator declined a request from Oaktree Capital Management and Centerbridge Partners to delay a $359 million refinancing deal surfwear for company Billabong International Ltd on anti-trust concerns.
LONDON, July 19- The G20 backed a fundamental rethink of the rules on taxing multinational corporations on Friday, taking aim at loopholes used by companies such as Apple and Google to avoid billions of dollars in taxes.
SYDNEY, July 19- U.S. hedge funds Oaktree Capital Management and Centerbridge Partners on Friday asked Australia's takeover regulator to intervene in surfwear company Billabong International Ltd's $359 million refinancing deal with Altamont Capital Partners.
July 18- Detroit on Thursday filed the largest-ever municipal bankruptcy in the United States, with an estimated $18.5 billion in debt. Kevyn Orr, the city's emergency manager, referred to Chapter 9- the bankruptcy statute governing municipal filings- as a "powerful" tool to right Detroit's ship.
CALGARY, Alberta, July 18- U.S. regulators have approved a plan by Canada's largest pipeline company Enbridge Inc to alter how it calculates the amount of crude shippers can nominate on its export network, a move the company says will cut overbooking on congested lines.
NEW YORK, July 18- An Exxon Mobil Corp subsidiary agreed to pay a $100,000 fine for spilling wastewater from a natural gas drilling site in Pennsylvania that polluted a local river, U.S. regulators said on Thursday.
NEW YORK, July 18- A federal appeals court reinstated a class action lawsuit against Whirlpool Corp on Thursday in a victory for consumers whose group lawsuit had been wiped out by the U.S. Supreme Court.