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U.S. court fight looms over drilling ban

BP is aiming to plug its leaking Gulf of Mexico well by July 27, weeks sooner than forecast, according to a newspaper report on Thursday, while a battle between the U.S. government and the oil industry over a deepwater drilling ban heads to court.

Obama administration set for drill ban legal fight

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The Obama administration heads to court on Thursday with a single goal -- to reinstate a six-month moratorium on deepwater oil drilling imposed in response to the BP Plc oil spill but blocked by a federal judge.

Call to lift ban on Zimbabwe diamonds

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Zimbabwe has once again urged the Kimberley Process Certification Scheme to allow the country to export its diamonds to world market. Zimbabwe finance minister tendai Biti said the KP should allow Zimbabwe to immediately start selling diamonds from Chiadzwa as the delay is affecting ordinary Zimbabweans.
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Facebook swayed Nigerian president to reverse ban

Nigerian President Goodluck Jonathan said on Tuesday hundreds of posts on his Facebook page had helped persuade him to reverse his suspension of the national soccer team from international competitions.
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Germany, France urge EU to eye short selling ban

The European Commission welcomed German and French calls for new measures to clamp down on speculators in government debt on Wednesday but the likelihood of a bloc-wide ban still appears remote.
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Bangladesh lifts Facebook ban

Bangladesh has lifted a ban on social networking site Facebook after it removed objectionable content about the Prophet Mohammad and the country's political leaders, the telecoms regulatory agency said on Sunday. Facebook was blocked last week after publication of caricatures of the Prophet that hurt the religious sentiments of the country's majority Muslim population.
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EU court says countries can ban online gambling

EU countries can ban online gambling if their aim is to combat fraud, Europe's highest court said on Thursday, dealing a blow to the multi-billion euro online betting industry seeking to break domestic monopolies.
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Ban extended on flu vaccine for children

THE Australian-made flu vaccine Fluvax, has been identified as being the most likely trigger of 59 convulsions in Western Australia and in about 20 cases elsewhere, including four in NSW and six in Victoria. All the babies, most of them under two years, recovered fully.
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Pakistan lifts Facebook ban but restrictions remain

A Pakistani court on Monday lifted a ban on social networking website Facebook which had carried a competition to draw the Prophet Mohammad, but access to any blasphemous material will remain blocked, officials said.
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Pakistan court lifts Facebook ban, restrictions remain

A Pakistani court on Monday lifted a ban on social networking website Facebook which had carried a competition to draw the Prophet Mohammad, but access to any blasphemous material will remain blocked, a lawyer said.
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EasyJet plans suit over ash flight ban-report

Budget airline easyJet plans a class action lawsuit to win compensation for flight bans imposed by Europe's air safety authorities following a volcanic eruption in April, its chief executive told a German magazine.
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Philippines to ban iron ore exports for 5 yrs

The Philippines is considering a five year moratorium on exports of iron ore till the completion of its two integrated steel processing plants. According to country's Department of Environment and Natural Resources (DENR), the proposed ban comes from the need to conserve the resource for the possible establishment of iron or steel plants as well as the rights of the companies producing iron.
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Germany eyes wider short-sale ban, euro down

Germany inched toward a wider ban on naked short selling of stocks and Italy approved austerity measures on Tuesday to contain a euro zone debt crisis that could lead U.S. officials to urge stress tests for European banks.
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Germany eyes wider short-selling ban as euro slides

Germany inched toward a wider ban on naked short selling of stocks and Italy approved austerity measures on Tuesday to contain a euro zone debt crisis that could lead U.S. officials to urge stress tests for European banks.
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Paris police ban mass Facebook aperitif party

A mass cocktail party organized over the internet and planned to take place in Paris this Sunday cannot go ahead due to an existing ban on drinking alcohol in the Champ de Mars area, police said on Thursday.
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Wall Street banks lose court ruling on hot news ban

Three Wall Street banks suffered a legal setback when a federal appeals court in New York put on hold a ban on financial news service Theflyonthewall.com Inc from quickly reporting hot news about their analysts' research.
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Court halts injunction on hot news ban

A federal appeals court in New York has put on hold a ban on the financial news service Theflyonthewall.com Inc from quickly reporting hot news' about analyst research from three Wall Street banks.
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Euro skids as shares tumble on German ban

The euro fell to a fresh four-year low on Wednesday after a German move to sharpen financial regulation raised doubts about the prospect for global recovery, pulling down Asian stocks, metals and crude oil.
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German ban on risky bets seen backfiring

Germany banned risky bets on bonds, stocks and credit protection, stunning investors and setting euro zone markets up for a rough ride on Wednesday amid fears Berlin's attack on speculation will backfire.
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Euro skids, shares tumble on German ban

The euro fell to a fresh four-year low on Wednesday after a German move to sharpen financial regulation raised doubts about the prospect for global recovery, pulling down Asian stocks, metals and crude oil.
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Euro skids and shares tumble on German ban

The euro fell to a fresh four-year low on Wednesday after Germany moved to sharpen financial regulation, taking down commodities and Asian stock markets in its wake as investors stampeded out of riskier assets.

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