The U.S. Supreme Court will take up a challenge to part of President Barack Obama’s health-care law by companies claiming a religious exemption to the requirement that they provide birth-control coverage for employees.
The son of Indonesia’s former president did not receive cash and a luxury car in return for business in the country from Rolls-Royce Holdings Plc, Europe’s largest maker of aircraft engines, his lawyer said.
JPMorgan Chase & Co., the largest U.S. bank by assets, is weighing whether to ban traders from using electronic chat rooms to communicate with peers at other firms as the forums draw scrutiny from global regulators, according to a person with knowledge of the matter.
U.K. fraud prosecutors’ will announce significant developments next year in a probe into fees paid by Barclays Plc to Qatar’s sovereign-wealth fund for a 2008 fundraising that helped the bank avoid a bailout.
The number of people at the U.K.’s Serious Fraud Office working on a criminal investigation into manipulation of the London interbank offered rate has been doubled to 60, the director of the agency, David Green, said in a speech today.
U.K. prosecutors are poised to arrest former traders and rate setters at UBS AG, Royal Bank of Scotland Group Plc and Barclays Plc within a month for questioning over their role in the Libor scandal, a person with knowledge of the probe said.
A U.K. exit from the European Union could hurt London’s position as a financial center and weaken the country’s attempts to influence legislation, according to a report whose contributors include two former Bank of England officials.
It’s a Wednesday night in London, and Vincent Tchenguiz, the biggest owner of residential real estate units in the U.K., is getting wound up about the criminal case that paralyzed his business and threatened to land him in prison.