Judge Orders BP to Pay Oil Spill Claims Administrator
Judge Sally Shushan orders BP to pay Patrick Juneau despite claims of settlement programme fraud.
JPMorgan Facing Civil and Criminal Probes into Mortgage-Backed Bond Sales
Court filing shows bank under 'parallel investigations' by civil and criminal divisions of US Attorney's Office.
Goldman Sachs, Glencore, JPMorgan and LME Sued By Florida's Master Screens over Aluminium Hoarding
Second legal challenge related to metal warehousing in a week.
Disney Eyes $200m Loss on Johnny Depp's Lone Ranger Film
Disney records almost flat net income at $1.85bn as revenues from studio entertainment fell.
Germany's Construction Sector Growth Eases and Causes Economic Recovery Concerns
Markit Germany Construction PMI declines to 51.5 in July from 54.5 in June.
Detroit Bankruptcy: UK Auction House Christie's to Assess Value of City's Art Works
However, Detroit's emergency manager Kevyn Orr says the city has no plan sell off its 60,000-piece collection.
HSBC Eyes $1.6bn Mortgage-Backed Bond Settlement with FHFA
Banking giant was accused of mis-selling mortgage-backed bonds during US housing bubble.
Kate Middleton's Royal Baby Son George and Tennis' Andy Murray Drive UK July Retail Sales
UK experiences fastest July sales growth since 2006, rising 3.9%
Has Eurozone Finally Turned the Corner? Business Activity Expands For First Time in 18 Months
Markit Eurozone composite PMI rises to 50.5 in July from 48.7 in June on accelerated activity in Germany.
Vodafone Sues Telecom Italia for €1bn Over 'Dominance Abuse'
Vodafone charges Telecom Italia with impeding competition.
Goldman Sachs and LME Face US Lawsuit Over Aluminium Hoarding
Superior Extrusion sues Goldman and LME for allegedly holding back aluminium supplies and pushing up prices.
China's Services Industry Expands on Government Support Measures
Government's pro-growth measures for small firms seem to be working.
GlaxoSmithKline Suffers Further Asian Blow as India Revokes Patent on Cancer Drug Tykerb
GSK's patent for Tykerb revoked after company suffered from bribery allegations in China.
UK Home Prices Rise at Fastest Pace in 3 Years
House prices rose 3.9% year-on-year in July, the sharpest yearly increase since August 2010
Ex-Goldman Trader Fabrice Tourre Found Liable For Fraud in SEC Case
Jury concluded that 'Fabulous Fab' misled investors in sub-prime mortgage investment deal five years ago.
India Waters Down Retail FDI Rules to Woo Reluctant Foreign Firms
Government response after Walmart, Tesco and Carrefour had sought easing of FDI norms.
Strong Smartphone Sales Help Sony Recovery as Loeb Seeks Entertainment Spin-Off
Sony swings to profit in first quarter helped by weak yen and better sales of Xperia smartphones.
Goldman Sachs Denies Creating Metal Shortage and Pledges Fast Aluminium Deliveries Amid Hoarding Probe
Investment also hit back at critics which are accusing Goldman of creating a shortage of the metal
Ex-Goldman Trader Fabrice Tourre Trial to Resume Deliberations
Jurors will decide whether to hold Fabrice Tourre liable for sub-prime mortgage investment deal in 2007.
China's Official PMI Shows Expansion in Manufacturing in Contrast to HSBC PMI
Official PMI rises to 50.3 in July from 50.1 in June, but economists say data masks real economy.
Eurozone Unemployment Falls for First Time Since 2011
Unemployed people in the region decreased by 24,000 in June to 19.3 million from May, says Eurostat.
SEC Charges ex-Banco Santander Exec and Spanish Judge for Potash Insider Trading Deal
SEC charges Cedric Cañas Maillard and former Spanish judge Julio Marín Ugedo related to 2010 Potash takeover bid
Fed Likely to Keep Stimulus as Global Markets Await Policy Statement
Fed is likely to continue bond buyback at an $85bn monthly pace, as it seeks clear signs of job market recovery.
UK Shop Prices Slide By Fastest Pace on Record
Overall shop prices declined 0.5% annually in July, compared to a 0.2% dip in June.
Santander Profit Soars on Lower Loan-Loss Provisions
Santander's key Latin American business saw weak results on lower interest rates and currency valuations.
ITV Shares Surge on Strong H1 Results
Pre-tax profit increased 11% despite fall in vital advertising revenues.
Quinn Insurance Administrators Sue PwC For €1bn for Auditing Negligence
PwC failed to notify of the insurer's failure to have required level of reserves, according to administrators.
UBS to Buy Back Stake in Bailout Fund From Central Bank
UBS expects to exercise option to acquire SNB StabFund's equity in fourth quarter.
Japan Industrial Production Falls for First Time in Five Months
Industrial production declined 3.3% in June from the previous month, but is expected to pick up in next month.
UK Home Price Growth Slows Down on Weak First-Time Buyer Demand
Average house price rose 0.3% in July, down from 0.4% in June, according to Hometrack.
