13 October 2009 05:30 [Source: ICIS news]
UK divorce law in need of shake-up, says Bar chief
Brown to repay £12,000 of his own expenses
Gordon Brown faced the humiliating prospect of repaying more than £12,000 ($19,000) of cleaning, laundry and gardening expenses deemed excessive by an independent review on Monday.
Companies and markets
Bishop drops out of race for ITV chair
ITV lurched deeper into crisis on Monday after its latest candidate for chairman pulled out of talks to take the post following consultations with major investors including its largest shareholder and business rival, British Sky Broadcasting.
BofA waives attorney-client privilege on Merrill deal
Bank of America has agreed to a request from the office of Andrew Cuomo, attorney-general of
Prime Minister Gordon Brown has to write a personal cheque for nearly $20,000 to repay the treasury.
Tax evaders face choice: pay or pray
On 15 October, people with money in overseas banks must confess to the Internal Revenue Service and pay penalties or hope they will not be caught.
Eastern Europe fears new era of Russian sway
With a new pipeline planned to run along the bed of the Baltic Sea, the Russian natural gas giant Gazprom is driving a wedge between Eastern and
As Asia’s emerging economies bound ahead, auction houses shift focus
Mayor Yury Luzhkov and Dagestani President Mukhu Aliyev found themselves in the hot seat on Monday after the opposition and even senior officials claimed massive voting fraud in
Medvedev gave his stamp of approval to the elections and said they gave United Russia the legitimacy needed to run both the legislative and executive branches of government.
AvtoVAZ sees record loss as state plans aid
The dismal results came as the government approved a nine-month extension to increased import duties on cars, which all but closed the Russian market to used foreign autos.
Troika warns on pension plan
Troika's managing director said new legislation contains vague wording that could be interpreted to mean that asset management companies must offer guaranteed profits on stocks.
Two weeks after the German election, the new coalition government is struggling with the consequences of the economic crisis.
German ship transporting arms for
Turkish music industry vs Myspace, Last.fm
Award given with nine years of delay
The Golden Orange Film Festival continued on Monday with the traditional parade. Artists greeted people and festival officials distributed masks of unforgettable faces from Turkish cinema.
Business and finance
Yalcindag to step down as the chairwoman of TUSIAD
Turkish Industrialists' And Businessmen's Association, or TUSIAD, will start the New Year without Arzuhan Dogan Yalcindag.
The Turkish government might have “shelved the idea of signing a deal with the International Monetary Fund,” according to a report by Bank of America-Merrill Lynch.
KNF approves PGE issue prospectus, IPO next step
The Financial Supervision Commission (KNF) approved on Friday an issue prospectus for the energy company PGE, which will be published on Monday.
The operator behind Play will expand, but cautiously
According to Joergen Bang-Jensen, president of P4, the company which operates mobile phone operator Play, the number of outlets offering company's services will increase but will remain below 1,000.
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