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UPDATE 1-Two Hong Kong firms to pay $11 mln to settle SEC insider trading charges
2014-01-28 13:40:31| Oil & Gas - Topix.net
Two Hong Kong asset management firms have agreed to pay $10.9 million to settle charges by the U.S. Securities and Exchange Commission of insider trading ahead of a bid by China's CNOOC for Canadian oil company Nexen Inc. The proposed accord, disclosed in a court filing Monday, would add to the more than $18 million the U.S. securities regulator ... (more)
NSA happy to conduct industrial espionage on foreign firms, Snowden says
2014-01-27 19:41:01| InfoWorld: Top News
The National Security Agency (NSA) would happily carry out industrial espionage operations in pursuit of U.S. economic interests, Edward Snowden has alleged in a German TV interview. Sunday's interview with ARD TV from his Russian hideout was very light on concrete examples but Snowden did mention German firm Siemens as a hypothetical example.
Tags: happy
industrial
says
foreign
DOJ Sues KBR, Two Kuwait Firms For Alleged Iraq Contract Kickbacks
2014-01-27 19:31:38| ENR.com: Headline News
Government's charges deal with subcontracts with two Kuwait-based firms under a wide-ranging KBR support-services contract for the U.S. Army.
Tags: contract
iraq
firms
kuwait
United Kingdom: Fracking firms 'should pay 6bn year tax to compensate for climate change'
2014-01-26 19:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Shale frackers operating in Britain should be paying 6bn a year in taxes by the middle of the 2020s to compensate for the damage wreaked on the environment, according to a study from Cambridge University. The government has made clear drillers such as Cuadrilla Resources and IGas should provide sweeteners to local communities affected by their activities but it would also be right for shale gas producers to pay for contributing to global warming, argues Chris Hope, a parliamentary adviser and...
As Patent Suits Increase, Firms Fight Back
2014-01-25 15:33:16| IT Services - Topix.net
Companies that exist only to collect dormant patents and then sue for infringement are a growing threat to firms, but both businesses and lawmakers are beginning to take action.
Tags: back
increase
fight
patent
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