Irving Picard, the trustee trying to recover money on behalf of the victims of Bernie Madoff, said he filed lawsuits against seven global banks seeking total compensation of more than $1 billion.
Picard filed complaints against Citibank (C), Natixis …
In Asia Thursday China’s Shanghai Composite Index lost 1.3% to close at 2,811 and Hong Kong’s Hang Seng Index added 0.3% to end the day at 23,172. In Japan the Nikkei 225 Index rose 0.5% to 10,286.
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MasterCard (MA) and Visa (V) may face a legal challenge to their decision to cut ties with WikiLeaks.
DataCell, a data-hosting company based in Iceland, says that the two companies’ refusal to process donations to WikiLeaks are costing it revenue. Dat…
In the latest of many recent successful Chinese IPOs, E-Commerce China Dangdang — often called the Amazon of China — saw its shares soar in its New York Stock Exchange debut Wednesday.
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As part of its efforts to expand into the biotech market, Johnson & Johnson is making a long-anticipated bid for Dutch vaccine maker Crucell — in spite of Crucell’s recent manufacturing troubles.
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