BP seeks to wrest back compensation
Craig TaylorBP asks a US court to order a “vast number” of businesses to repay part of the compensation awards they were paid in the wake of the 2010 Gulf of Mexico oil spill. BBC News – Business
Business
Amazon ‘bullying’ UK publishers
The online retailer Amazon is accused of ‘bullying’ smaller UK publishers in the latest round of contract negotiations. BBC News – Business
Wonga chased debt with fake lawyers
Payday lender Wonga must pay £2.6m in compensation after sending letters from non-existent law firms to customers in arrears. BBC News – Business
Bank like ‘unreliable boyfriend’
The Bank of England has acted like an ‘unreliable boyfriend’ over its hints about interest rate rises, according to a member of the Treasury select committee. BBC News – Business
Alstom board votes to accepts GE bid
The board of French rail and energy group Alstom votes to accept a $ 17bn offer from General Electric, in what could be GE’s biggest ever acquisition. BBC News – Business
GE front-runner for Alstom takeover
The bid battle for France’s rail and energy group Alstom shifts in favour of General Electric after the US firm agrees to work with French state on a new offer. BBC News – Business