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    Bengal nod to extract groundwater divides experts …

    New Delhi, May 25 (IANS) West Bengal has allowed more farmers to use electric pumps to draw groundwater … More » Bengal nod to extract groundwater divides experts …

    A protester demonstrates outside the Goldman Sachs annual shareholders meeting in New Jersey

    JERSEY CITY, New Jersey (Reuters) - For all the security staff, rules of conduct and a … More »Goldman's annual meeting: tame and t …

    HONG KONG (Reuters) - Hong Kong tycoon … More »Chinese Estates head to be prosecuted …

    • Chinese Estates head to be prosecuted in Macau over bribery Alex Frew McMillan - Reuters - 7 hours ago

      HONG KONG (Reuters) - Hong Kong tycoon Joseph Lau, who heads developer Chinese Estates Holdings , will face prosecution over bribery and money laundering in a land deal in Asia's gambling capital, Macau, Chinese Estates said in a statement on Thursday.

    • SEC sanctions ex-staffer who represented Stanford Co Aruna Viswanatha and Sarah N. Lynch - Reuters - 13 hours ago
      A view of the outside of a Stanford Bank branch in Caracas

      WASHINGTON (Reuters) - A former top enforcement official in the Securities and Exchange Commission's Texas office has been barred from appearing before the agency for one year for violating conflict-of-interest rules. The SEC said on Thursday that former Fort Worth enforcement director Spencer Barasch worked for the Stanford …

    • Fire on submarine put out, investigation begins Toni Clarke - Reuters - 13 hours ago
      US Navy handout of the USS Miami submarine docked in Portsmouth

      BOSTON (Reuters) - Firefighters braving "incredible heat and smoke" extinguished a fire that broke out aboard a U.S. Navy nuclear-powered submarine docked in Maine and caused extensive damage, a Navy official said on Thursday. Seven people were injured putting out the fire that broke out on Wednesday night on the USS Miami, …

    • File photo of Lehman Brothers booth on the trading floor of the New York Stock Exchange

      WASHINGTON (Reuters) - The staff of the U.S. Securities and Exchange Commission has concluded its investigation into Lehman Brothers Holdings and will not likely recommend charges, according to the excerpt of a memo sent to Reuters. The excerpt, which was not dated, was sent along with an anonymous letter to Congress alleging …

    • SEC unlikely to file charges in Lehman case: memo Sarah N. Lynch - Reuters - 13 hours ago
      File photo of Lehman Brothers booth on the trading floor of the New York Stock Exchange

      WASHINGTON (Reuters) - The staff of the U.S. Securities and Exchange Commission has concluded its investigation into Lehman Brothers Holdings and will not likely recommend charges, according to the excerpt of a memo sent to Reuters.

    • Christie's employees pose for a photograph with a Lehman Brothers sign at Christie's in central London

      WASHINGTON (Reuters) - The staff of the U.S. Securities and Exchange Commission has concluded its investigation into Lehman Brothers Holdings and will not likely recommend charges, according to the excerpt of a memo sent to Reuters. The excerpt, which was not dated, was sent along with an anonymous letter to Congress alleging …

    • Vatican bank sacks president in no-confidence vote Philip Pullella - Reuters - 14 hours ago

      VATICAN CITY (Reuters) - The president of the Vatican bank has been ousted by the board of directors, the Vatican said on Thursday, blaming him for a deterioration in standards of governance. The board unanimously passed a no-confidence vote in Italian Ettore Gotti Tedeschi for failing to carry out "various fundamentally …

    • US Navy handout of the USS Miami submarine docked in Portsmouth

      BOSTON (Reuters) - A fire that broke out Wednesday evening on a U.S. Navy nuclear-powered submarine docked at the Portsmouth Naval Shipyard in Maine has been extinguished. Seven people were injured but there were no deaths, a Navy spokesman said on Thursday. Damage from the fire, which began shortly before 6 p.m. EDT on …

    • Son of China's Bo Xilai graduates from Harvard Tim McLaughlin - Reuters - 15 hours ago
      Bo Guagua, son of fallen Chinese politician Bo Xilai, receives his masters degree at Harvard University in Cambridge

      BOSTON (Reuters) - The son of fallen Chinese politician Bo Xilai graduated from Harvard University's Kennedy School of Government on Thursday, capping a tumultuous academic year that also placed him in the center of his homeland's biggest leadership crisis in two decades. Bo Guagua, whose perceived lavish lifestyle overseas …

    • Son of China's Bo Xilai graduates from Harvard Tim McLaughlin - Reuters - 15 hours ago
      Bo Guagua, son of fallen Chinese politician Bo Xilai, walks back to his seat at Harvard University in Cambridge

      BOSTON (Reuters) - The son of fallen Chinese politician Bo Xilai graduated from Harvard University's Kennedy School of Government on Thursday, capping a tumultuous academic year that also placed him in the centre of his homeland's biggest leadership crisis in two decades. Bo Guagua, whose perceived lavish lifestyle overseas …

    • Why are Greek and Italian politicians so bad? Barry Moody - Reuters - 17 hours ago

      ROME (Reuters) - In Greece, conservative leader Antonio Samaras insisted on calling an election earlier this month that slashed his own party's share of the vote and set the country down a path that could see it crashing out of the euro. In Italy, politicians led by scandal-plagued premier Silvio Berlusconi were forced …

    • Huawei seeks EU action against InterDigital patent fees Foo Yun Chee - Reuters - 17 hours ago
      The logo of the Huawei Technologies Co. Ltd. is seen outside its headquarters in Shenzhen, Guangdong province

      BRUSSELS (Reuters) - World No.2 telecoms equipment maker Huawei has called for EU antitrust regulators to intervene in a dispute with InterDigital, saying the U.S.-based firm is demanding "exploitative" fees for use of its 3G mobile phone patents. Huawei filed a complaint with the European Commission on Wednesday, after …

    • Huawei seeks EU action against InterDigital patent fees Foo Yun Chee - Reuters - 17 hours ago
      The logo of the Huawei Technologies Co. Ltd. is seen outside its headquarters in Shenzhen, Guangdong province

      BRUSSELS (Reuters) - World No.2 telecoms equipment maker Huawei has called for EU antitrust regulators to intervene in a dispute with InterDigital, saying the U.S.-based firm is demanding "exploitative" fees for use of its 3G mobile phone patents.

    • Whistleblower Woodford's Olympus court clash looms Kirstin Ridley - Reuters - 17 hours ago
      Former Olympus President and CEO Woodford walks before he attends Olympus Corp's extraordinary shareholders' meeting in Tokyo

      LONDON (Reuters) - Michael Woodford, the ousted Olympus CEO, will next Monday bring his lawsuit for unfair dismissal for whistleblowing and discrimination against his former Japanese employer, in a case that could yield a record payout. Woodford, who declined to comment ahead of the court hearing, is expected to sue for …

    • US Congress To Review Facebook IPO Sky News - 19 hours ago
      US Congress To Review Facebook IPO

      The US Congress has entered the investigation into the issues surrounding Facebook's listing, less than a week since the company's debut on the stock market.

     

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