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LightSquared asks court not to re-open trial with Ergen

Broadband company LightSquared has urged a judge not to re-open a trial that ended last week over Dish Network Corp Chairman Charles Ergen's purchase of LightSquared debt, saying it would delay resolution...

Candy Crush game maker's IPO to face investor scrutiny

King Digital Entertainment Plc's colorful "Candy Crush Saga" has gone viral on smartphones worldwide, but the company may struggle to replicate that enthusiasm with its upcoming $7.6 billion initi...

Airbus upbeat on Latam sales, no talks on A380 in region

Airbus <AIR.PA> believes it can eventually drive its Latin American market share up to 65 percent, although it is not in talks to sell its A380 superjumbo in the region, the company's Latin Am...

GM customers ask U.S. judge to ramp up ignition recall efforts

Two General Motors Co <GM.N> customers asked a federal judge in Texas on Monday to compel the automaker to warn owners to stop driving immediately the 1.6 million vehicles recalled since February o...

Lockheed's F-35 gets South Korea nod, but momentum slower than hoped

South Korea on Monday became the 10th country to choose Lockheed Martin Corp.'s <LMT.N> F-35 fighter jet to replace aging warplanes, a boost for the Pentagon's biggest weapons program at a time...

Anglo American halting Chile Los Bronces mine ops due to protest

Global miner Anglo American Plc <AAL.L> said on Monday it was halting operations at its Los Bronces copper mine in central Chile because of a violent protest by contract workers.

Disney to buy YouTube network Maker Studios for $500 million

The Walt Disney Co has agreed to buy Maker Studios, one of YouTube's largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens int...

Airbus positive on LatAm sales, no talks for A380 in region

Airbus <AIR.PA> believes it can eventually drive its Latin American market share up to 65 percent, although it is not in talks to sell its A380 superjumbo in the region, the company's Latin Am...

Hong Kong's soaring bank exposure to China sparks credit concerns

In just a few years, Hong Kong banks have ramped up lending to China from near zero to $430 billion, fuelling concerns about their credit exposure to the mainland at a time when sliding economic g...

Aviva could pay CEO up to $8.7 million for first year of turnaround

British insurer Aviva <AV.L> could pay its chief executive Mark Wilson up to 5.3 million pounds ($8.7 million) for his first year in the job he took on after a shareholder rebellion led to the de...

Morgan Stanley pays fine after index hedge topped soymeal limits

Morgan Stanley has agreed to pay $200,000 to settle civil charges it exceeded speculative position limits in soybean meal futures for two days while attempting to hedge a commodity index investment, U.S.

Lufthansa confident about Bombardier CSeries jets despite delay

Deutsche Lufthansa AG <LHAG.DE> said on Monday that it is disappointed by development delays with Bombardier Inc's <BBDb.TO> all-new CSeries jetliner, but the airline said it remains confiden...

Former Madoff associates found guilty of fraud

Five former aides to investment manager Bernard Madoff were convicted on Monday of charges that they helped their boss conceal his multibillion-dollar Ponzi scheme for years.

Nasdaq reorganizes market services to boost global competitiveness

Nasdaq OMX Group <NDAQ.O> said on Monday it is reorganizing its market services business to better compete globally in fixed income, currencies, derivatives and other asset classes.

UK retailers Dixons and Carphone get extension to merger talks

Britain's Takeover Panel has granted Dixons Retail <DXNS.L> and Carphone Warehouse <CPW.L> an eight-week extension to their negotiations for a possible 4 billion-pound ($6.6 billion) merger.

Tera Exchange announces first Bitcoin derivative

TeraExchange said on Monday it had constructed a swap based on the bitcoin virtual currency, a step that would bring the emerging payment system under the oversight of U.S.

Ferrari appoints new board members, chairman and CEO stay on

Ferrari said on Monday Luca Cordero di Montezemolo has been reappointed as chairman and Amedeo Felisa as chief executive of the luxury Italian sports car maker.

GM sued over fatal crash tied to ignition defect

General Motors Co <GM.N> has been hit with what is believed to be the first wrongful death lawsuit over ignition switch problems since it recalled 1.6 million vehicles in February.

BNP Paribas says to cut 1,600 jobs in Ukraine

BNP Paribas <BNPP.PA>, France's biggest listed bank, said it would reduce Ukraine staff by 1,600 by 2015 as part of a restructuring of its local unit in the face of a tough eco...

Bank of Canada says moving to ensure no benchmark manipulation

Canada's financial benchmarks have not been manipulated the way the London Interbank Offered Rate (Libor) has, and the country is tightening its rules to try to make sure they never are, Bank of Canada D...

ECB tested as push-back against bank review rules begins

The European Central Bank's (ECB) determination to subject the euro zone's largest banks to the same, rigorous checks is being tested, with countries lobbying for their banks to be treated differently ...

Virgin Atlantic's Little Red needs new runway for expansion: Branson

Virgin Atlantic <VA.UL> founder Richard Branson dangled the carrot of further investment in the British airline's domestic carrier Little Red as he stepped up the campaign for a third runway at London'...

Anglo American says protest hits Los Bronces mine, operations unaffected

Contract workers have begun a protest at global miner Anglo American Plc's <AAL.L> massive Los Bronces copper mine in central Chile, but operations are unaffected, the company said on Monday.

Record Argentine soy crop to pump exports despite hoarding

Argentina will put downward pressure on world food prices by exporting more soy this year, even as growers hedge against the country's dysfunctional financial system by hoarding a bigger chunk of ...

China data pulls TSX lower, gold miners slump

Canada's main stock index slipped on Monday as disappointing economic data from China weighed on sentiment and a slump in the price of bullion sent gold-mining shares tumbling to their biggest single-day d...

Grubhub's IPO could value online food delivery company at $1.72 billion

GrubHub Inc said it expects to price its initial public offering of 7.03 million shares at $20-$22 per share, valuing the largest U.S. online food delivery services provider at up to $1.72 billion.

BOJ tankan to show business mood up but outlook dims

Japanese manufacturers' mood probably improved in the three months to March but it will likely weaken the following quarter due to concerns that a sales tax hike may dent the pace of the economic recovery,...

Herbalife gives Icahn more seats, small NU Skin fine lifts stock

Herbalife Ltd said it is giving three more board seats to Carl Icahn, its biggest shareholder, at a time short-sellers are attacking the nutrition and weight loss company's busine...
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