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  • MUMBAI, July 29- Nestle India Ltd slipped to a second-quarter loss as sales plunged after its hugely popular Maggi noodles were pulled off shelves over safety concerns. Nestle has been at the center of India's worst food scare in a decade after local regulators reported that some packets of the company's Maggi instant noodles-- one of India's most popular snacks--...

  • BRUSSELS, July 29- European Union regulators are investigating prices charged by Disneyland Paris after complaints from foreign consumers who said they were charged far more than their French counterparts. The move by the European Commission is part of a broader crackdown on "geoblocking", the practice of companies limiting or restricting consumers' access...

  • LONDON, July 29- British American Tobacco, the world's No. 2 cigarette company, reported lower revenue for the first half of the year, hurt by currency fluctuations and people cutting back on smoking. All big tobacco companies are grappling with falling sales in many markets due to increasing regulation, higher taxes, economic weakness and growing health...

  • NEW YORK, July 28- Former New York financial regulator Benjamin Lawsky on Tuesday countered criticism from the bitcoin community that he may have generated consulting work for himself by issuing controversial regulations for virtual currency firms before he left his post. In his first public appearance since his transition, the outspoken former regulator...

  • WASHINGTON/ OKLAHOMA CITY, July 28- Two energy companies are shutting injection wells after three strong earthquakes struck near an Oklahoma town, in response to concerns about the practice of injecting wastewater from oil and gas operations deep underground, state regulators said on Tuesday. Three quakes above magnitude 4.0 struck on Monday near the town of...

  • BISMARCK, N.D.— Tribal leaders from a prolific portion of North Dakota's oil-rich Fort Berthold Reservation are scaling back proposed drilling regulations that industry officials warned could slow crude production. Leaders of a section of the reservation that produces the most oil recently formed the West Segment Regulatory Commission, based in Mandaree,...

  • July 28- Paymap Inc, a unit of Western Union Co, agreed to pay $38.4 million to settle U.S. regulatory charges that it deceived consumers into signing up for a program advertised as a way to help them pay off their mortgages faster and save on interest payments. The U.S. Consumer Financial Protection Bureau on Tuesday said Paymap, a payment processor, will pay a $5...

  • BRASILIA, July 28- The arrest of Luiz Pinheiro da Silva, currently on leave as chief executive officer of Brazil's Eletronuclear, is unwelcome but should not cause problems in other areas under power regulator Aneel's jurisdiction, Aneel's general director, Romeu Donizete Rufino, said on Tuesday.

  • Among the challengers were coal company Peabody Energy Corp and utility American Electric Power Co Inc.. The appeals court ruled that the EPA would have to revise sulfur dioxide emissions budgets for four states and nitrogen oxide budgets for 11 because it had asked them to reduce their emissions by more than required. The EPA has "required states to reduce...

  • German regulator orders Facebook to allow pseudonyms Tuesday, 28 Jul 2015 | 11:29 AM ET

    BRUSSELS, July 28- Facebook may not prevent its users from using fake names, a German privacy watchdog said on Tuesday, in the latest privacy setback for the U.S. company in Europe. The Hamburg data protection authority, which is responsible for policing Facebook in Germany, said the social network firm could not unilaterally change users' chosen usernames to...

  • NTSB: Company should have prepared for human error Tuesday, 28 Jul 2015 | 3:21 AM ET

    In its finding, the board took pains to make clear that Scaled Composites, an aerospace company that has partnered with Virgin Galactic to develop the spacecraft, should have had systems in place to overcome the co-pilot's mistake. The Federal Aviation Administration was also faulted in its role of determining whether Scaled Composites should get permits...

  • ZURICH, July 28- UBS said its provisions to deal with future legal tussles and regulatory run-ins stood at 2.368 billion Swiss francs in June and revealed a widening U.S. probe into bond funds sold by the Swiss bank's Puerto Rico arm. The bank said it is responding to inquiries from the Securities and Exchange Commission and the Financial Industry Regulatory...

  • PARIS, July 27- Alstom is to accept 300 million euros less than previously agreed for its power turbines unit from General Electric as a contribution to the U.S.-based buyer's efforts to win antitrust clearance in Europe. The last-minute 2.4 percent discount to the previously agreed 12.35 billion euro deal is the latest in a series of knocks Alstom...

  • NEW YORK, July 27- UBS AG's Wealth Management Americas business on Monday said its second-quarter adjusted profits fell as higher litigation and regulatory costs put pressure on the Swiss bank's brokerage division. UBS Wealth Management Americas, which includes what was formerly known as PaineWebber Group, said adjusted pre-tax profit fell to $231 million...

  • *China's securities regulator says ready to keep buying. "The lesson from China's last equity bubble is that, once sentiment has soured, policy interventions aimed at shoring up prices have only a short-lived effect," wrote Capital Economics analysts in a research note reacting to the slide. The CSI300 index of the largest listed companies in Shanghai and...

  • Alstom to take 300 mln eur hit to help GE sale through Monday, 27 Jul 2015 | 12:22 PM ET

    PARIS, July 27- Alstom is to accept a 300 million euro reduction in the price it will get for selling its power turbines unit to General Electric as a contribution to the U.S. firm's efforts to get antitrust clearance in Europe. "In order to support General Electric in its offering of a comprehensive set of remedies addressing the concern of the Commission, Alstom's...

  • July 27- China's top securities regulator, China Securities Finance Corp Ltd, said on Monday it would continue to buy shares to stabilize the stock market.

  • July 27- New York Attorney General Eric Schneiderman's office is preparing a civil case against Credit Suisse Group AG, the operator of the Crossfinder dark pool, that could be announced in the coming weeks, the Fox Business network reported. The case would mark the second major civil action filed by Schneiderman's office since regulators launched their probe...

  • NORTH KINGSTOWN, R.I.— Construction has begun off Rhode Island's coast on the nation's first offshore wind farm, a milestone that federal and state officials say will help the fledgling U.S. industry surge ahead. Secretary of the Interior Sally Jewell said Monday that lenders, regulators and stakeholders can now see a path forward. Deepwater Wind is building a...

  • How big is crowdfunding in China? Sunday, 26 Jul 2015 | 8:43 PM ET
    How big is crowdfunding in China?

    Jason Best, principal at Crowdfund Capital Advisors, says debt-based and equity crowdfunding have "taken off substantially" in the mainland over the past few years.