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  • *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...

  • 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.

  • WASHINGTON, July 26- The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced on Sunday a record $105 million in fines against Fiat Chrysler Automobiles NV over lapses in safety recalls involving millions of vehicles. The $105 million in fines sets a new standard for NHTSA's dealings with car manufacturers, eclipsing the...

  • WASHINGTON, July 26- U.S. auto safety regulators were considering a record $105 million fine for Fiat Chrysler Automobiles NV over recall lapses involving millions of vehicles, according to people familiar with the matter. The National Highway Traffic Safety Administration, the federal government's auto safety watchdog agency, was also expected to assign...

  • PIERRE, S.D.— State regulators this week will consider whether to approve for the second time in just over five years construction through South Dakota of the long-delayed Keystone XL oil pipeline, but it's unlikely a decision will come immediately. The state initially authorized TransCanada Corp.' s project in 2010, but permits must be revisited if...

  • SHANGHAI, July 25- China plans to introduce fair competition reviews into its industrial policy process, the official Xinhua news service reported Saturday, quoting State Administration for Industry and Commerce head Zhang Mao. The move will create a more open and transparent regulatory environment for the market, Zhang said, adding that the reform will help...

  • U.S. consumer electronics firm Vizio files for IPO Friday, 24 Jul 2015 | 5:57 PM ET

    July 24- Consumer electronics company Vizio Inc filed with U.S. regulators on Friday to raise up to $172.5 million in an initial public offering of Class A common stock. BofA Merrill Lynch, Deutsche Bank Securities and Citigroup are among the underwriters of the IPO, Vizio told the U. S Securities and Exchange Commission in a preliminary prospectus.

  • That's how many big companies could remain after the proposed combinations of Anthem with Cigna and Aetna with Humana, and experts say it would at a minimum bring close scrutiny of the deals. At only three companies, "The agencies' ears tend to perk up," said Allen Grunes, who led merger investigations at the Justice Department as an antitrust attorney.

  • WASHINGTON, July 24- The No. 2 U.S. wireless carrier AT&T Inc and the biggest satellite-TV provider DirecTV became the country's largest pay-TV company on Friday, completing their $48.5 billion merger after receiving final regulatory approval. The requirements from the FCC, which ensures that deals are in the public interest, include protections for rival...

  • AT&T and the FCC, which determines if telecom mergers are in the public interest, have spent recent weeks negotiating conditions, including requirements that AT&T expand its broadband service and ensure that it does not discriminate against rival content. Video companies Netflix Inc and Dish Network Corp, traffic company Cogent Communications Holdings...

  • WASHINGTON, July 24- The U.S. Food and Drug Administration approved a potent new cholesterol-lowering drug from Sanofi SA and Regeneron Pharmaceuticals Inc on Friday but limited its approved use to patients with a hereditary form of the condition and those with cardiovascular disease. The FDA ruling came just hours after European regulators recommended...

  • NEW YORK— Even as TV watchers increasingly go online, AT&T has become the country's biggest traditional TV provider with its $48.5 billion purchase of DirecTV. That's more than Comcast as well as a bigger Charter, which is seeking government approval to buy Time Warner Cable. DirecTV also has 19.5 million customers in Latin America, where AT&T wants to grow.

  • Airbnb hires Blackstone CFO Tosi Friday, 24 Jul 2015 | 12:51 PM ET

    July 24- Blackstone Group LP said Chief Financial Officer Laurence Tosi had resigned to become the CFO of online home rental website Airbnb Inc.. Tosi will replace Andrew Swain, who left Airbnb last September. Tosi's resignation is effective Aug. 7, Blackstone said in a regulatory filing.

  • HARTFORD, Conn.— The Justice Department has launched a criminal probe into allegations that subsidiary helicopter maker Sikorsky and two subsidiaries overbilled the Navy, United Technologies Corp. said Friday. The government filed a complaint last October in federal court that Sikorsky and subsidiaries, Derco Aerospace and Sikorsky Support Services...

  • July 24- The U.S. Department of Justice has informed Sikorsky Aircraft that it has started a criminal investigation into allegations the helicopter maker overbilled the U.S. Navy for a contract, Sikorsky's parent company, United Technologies Corp, said on Friday. The Justice Department told Sikorsky of the probe on July 13, and requested that Sikorsky and two...

  • Appeals court revives challenge to consumer agency Friday, 24 Jul 2015 | 11:20 AM ET

    WASHINGTON— A federal appeals court on Friday revived a legal challenge to the Consumer Financial Protection Bureau, the federal office created to protect consumers in financial dealings with banks, lenders and credit card companies. Wall Street interests and Republicans in Congress fiercely opposed the agency. Eleven states had joined the lawsuit filed...