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Hudson's Bay Company, the parent company of Saks Fifth Avenue, completes a merger and purchases luxury department stores Neiman Marcus and Bergdorf Goodman for $2.65 billion.
2024-07-4

The UK's Information Commissioner's Office imposes a £350,000 (US$442,755) fine on the Ministry of Defence for a data breach that exposed the email addresses of 265 Afghans seeking refuge from the Taliban.
2023-12-13

United States federal judge James V. Selna rejects a proposed $200 million settlement in a class-action lawsuit prompted by a rise in thefts of vehicles manufactured by South Korean automakers Hyundai and Kia.
2023-08-16

The United States Department of Justice announces that the Swedish-Swiss corporation ABB has acceded to a US$315-million fine for violating the Foreign Corrupt Practices Act by extorting the South African state-owned public utility Eskom to secure government contracts from 2014 to 2017.
2022-12-2

Malaysian state fund 1Malaysia Development Berhad sues units of Deutsche Bank, JPMorgan Chase, and Coutts for a combined amount of US$2.9 billion on the basis of negligence and conspiracy to defraud. The lawsuit is a bid to recover lost assets of more than $23 billion.
2021-05-11

The EU meeting on a post-coronavirus recovery fund enters deadlock on its fourth day. Complicating matters, the group is also negotiating a deal for the bloc's next long-term budget. Today's early talks over a proposed €750bn ($857bn - £680bn) recovery package have reportedly been testy. Resumption is scheduled for 14:00 GMT.
2020-07-20

In the United States, a Delaware court rules Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc. by about 22 percent, and may have to pay tens of millions to investors who opposed the deal.
2016-05-31

U.S. computer maker Dell takes over EMC Corporation for $US67 billion.
2015-10-12

A New York state appellate court in Manhattan rules to approve in its entirety the 2011 settlement by Bank of America with 22 institutional investors including BlackRock Inc, MetLife Inc, and Allianz SE's Pacific Investment Management Co to resolve claims over $174 billion of mortgage securities issued by the former Countrywide Financial Corp. in a $8.5 billion settlement.
2015-03-5

Activists from the Enough Project reveal through "The Guardian" newspaper that Omar al-Bashir's Sudan and Joseph Kabila's DR Congo together received 2.4 million pound sterling (around USD 4 million) in British military aid, in the last five years alone.
2012-09-25