Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
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A stylish birthday it is for Kate Middleton who turns 30-years-old Monday. During her last moments of 29, the Duchess of Cambridge stepped out in an Alice Temperley gown, stunning the crowd yet again.
European stocks were essentially flat on Monday at mid-day in choppy trade, bouncing from last week's sharp pull-back, with gains in defensives limited by a drop in banking shares led by Unicredit following its rights issue.
Japan's Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation's worst accounting scandals.
The German and French leaders meet on Monday to discuss ways to boost growth in euro zone states struggling to overcome the sovereign debt crisis and rising unemployment, and finalise a deal to increase fiscal coordination within the currency union.
The euro zone crisis seemed to vanish from the headlines for a brief moment as 2011 ticked over into 2012, but it is about to return with a vengeance.
Catherine, the Duchess of Cambridge, has had a stunning start to her first birthday eve in the royal family. She attended the UK premiere of the film 'War Horse' in London on Sunday night in her usual striking style.
Global regulators vowed on Sunday to press ahead with tough new liquidity rules for banks from 2015, but in a move to head off opposition from industry, also said lenders can tap into safety buffers in times of stress.
The German and French leaders meet on Monday to discuss ways to boost growth in euro zone states struggling to overcome the sovereign debt crisis and rising unemployment, and finalise a deal to increase fiscal coordination within the currency union.
British Prime Minister David Cameron said Sunday he would veto a European-wide financial transaction tax unless it was adopted globally, deepening a confrontation with European Union heavyweights France and Germany.
The UK Foreign Office said it thinks that terrorists are in the “final stages” of planning attacks in Nairobi and perhaps elsewhere in Kenya.
A computer worm has stolen more than 45,000 Facebook login credentials, leaving users wonder how they can protect their accounts and personal info from future cyber attacks.
Sarah Burge, a UK mom who calls herself the Human Barbie, gave her daughter, 7, a £7,000 voucher for liposuction for Christmas, which adds to the £6,000 boob job voucher she gave Poppy as a birthday gift, according to reports.
The Queen is currently Jamaica’s head of state – she is represented by governor general, Sir Patrick Allen
Target and Nordstrom are receiving praise for their newest child model -- adorable six-year-old Ryan, who has floppy blonde hair and bright blue eyes, and who has Down syndrome.
The Dutch government has appointed Credit Suisse to advise on a potential sale of its 33 percent stake in UK-based uranium enrichment company Urenco, people familiar with the situation told Reuters on Friday.
Iranian naval forces have reportedly completed a 10-day series of exercises near the Strait.
Jamaican Prime Minister Portia Simpson Miller said during the swearing in ceremony that the country should become a republic. To do so, Jamaica would have to drop Queen Elizabeth II of England as its head of state.
His parents Subhash and Yogini laid down flowers and a wreath at the spot where their son was killed.
Italian Prime Minister Mario Monti warned the European Union on Friday not to let divisions over managing its debt crisis blow up into serious splits, and French President Nicolas Sarkozy warned that a euro collapse could trigger instability.
Apple shares neared their all-time high of $426.70 Friday after reports the computer giant might bid for TV rights for the English Premier League. The league includes the U.K.’s biggest football, or soccer clubs.