The Justice Department’s bankruptcy watchdog agency is fighting a move by Hawker Beechcraft to pay eight senior executives more than $5.3 million in bonuses.
The Justice Department’s bankruptcy watchdog agency is fighting a move by Hawker Beechcraft to pay eight senior executives more than $5.3 million in bonuses.
A closely watched experimental Alzheimer’s treatment has failed to slow the disease in one late-stage study, a big disappointment for doctors and patients but not the end of the road for the drug.
Following are the middle exchange rates for leading currencies against the dollar:
More than 40 workers at a nuclear power station in northern India have been exposed to tritium radiation in two separate leaks in the past five weeks, company managers said on Tuesday.
Britain’s benchmark share index steadied on Tuesday after stinging losses in the previous session as positive Chinese economic data helped offset persistent concerns over the euro zone sovereign crisis.
European shares briefly turned negative in choppy trade on Tuesday as euro zone concerns, focused on Spain’s high borrowing costs and a lowering of the credit outlook for Germany late Monday by Moody’s, offset positive Chinese manufacturing data.
Top rated Germany, Europe’s paymaster, faced the prospect Tuesday of a damaging downgrade as Moody’s warned that problems in Spain and Italy made the euro zone debt crisis even more dangerous.
Swedish truckmaker AB Volvo on Tuesday saw its second-quarter net profits fall by nearly 5 percent, mainly on the back of a fall in sales in Brazil and Europe and higher investment costs related to future products.
Malaysian tycoon Ananda Krishnan on Tuesday called on Singapore’s high court to enforce an arbitration centre order for his former Indonesian business partner James Riady to pay out $300 million.
Hong Kong shares produced a second-straight loss on Tuesday, dragged lower by a 4 percent loss for CNOOC after the Chinese oil giant announced plans to acquire Canadian oil producer Nexen Inc for $15.1 billion.