Global rights group cries foul over Sept 11 probe
Washington: The US governments investigation of the September 11 attacks has been marred by arbitrary detentions, due process violations and secret arrests, Human Rights Watch has said in a new report.
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Dynegy to pay Enron $25 mn to settle merger dispute
Washington: Dynegy has agreed to pay rival Enron $25 million for backing out of a November merger between the Houston-based energy marketers, the companies have said.
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Dozens in US indicted on securities fraud, money laundering
New York: At least 52 brokers, stock promoters and corporate officers were indicted on securities fraud, money laundering and other charges, culminating a two-year federal undercover operation, authorities said.
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Star Wall Street analyst quits under fire
Washington: Jack Grubman, the well-known Wall Street analyst under fire for his dogged support of disgraced telecom giant WorldCom, resigned on Thursday, effective immediately.
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US wants to insulate its peacekeepers from ICC
Washington: The US secretary of state, Colin Powell, has urged the friendly nations, including India, to sign bilateral pacts so that American peacekeepers are not hauled before the new International Criminal Court.
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HK bankruptcies hit fresh record on economic woes
Hong Kong: The number of personal bankruptcies in Hong Kong hit a fresh record high in the first seven months of 2002, nearly triple the figure of a year ago, as the territory struggled to pull out of recession.
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Asian grain consumers find answer to US drought
Hong Kong: Asian consumers might once have paid a heavy price for crop failure in the United States, but now they have a rare opportunity to shop around and China is well-placed to offer corn.
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