Conrad Black Banned From Certain Corporate Activities in Canada

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Canada’s biggest securities regulator on Friday banned former media baron Conrad Black from acting as a director or officer of any public or private company that issues securities in the country’s largest province, but ruled that Mr. Black can trade securities.

Ericsson Sues Apple for Patent Infringement

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Swedish networking company Ericsson said it is suing Apple for infringing 41 patents it says are critical to many aspects of the U.S. tech giant’s devices.

Vivendi Sells Remaining Numericable-SFR Stake

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Vivendi SA Friday accepted a bid from cable billionaire Patrick Drahi to buy its remaining stake in French telecom company SFR, completing another asset sale at the former conglomerate that has slimmed itself down into a smaller media company.

Chinese Internet Giants Go Mobile

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China’s Internet giants are getting into the mobile game, developing their own app stores and mobile operating systems as they try to influence how consumers use smartphones.

Sprint CEO Claure Buys 5 Million Shares

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Sprint Chief Executive Marcelo Claure purchased more than 5 million shares of his company’s stock this week, less than a month after the company reported weak full-year results amid struggles to keep customers.

Former AIG CEO Benmosche Dies

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AIG said former Chief Executive Robert Benmosche died Friday after battling lung cancer since 2010.

African Minerals to Abide By Court Order That Bars Bankruptcy Filing

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Embattled Sierra Leone iron-ore miner African Minerals said it has received two conflicting orders from its partner Shandong Iron and Steel Group, the first of which could force the company into bankruptcy, and the second which prevents the miner from entering bankruptcy.

Japan Post Eyes More Aggressive Investment

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Ahead of its multibillion-dollar listings this fall, Japan Post Holdings Co. plans to manage more aggressively the $1.7 trillion in savings held by its banking operation.

Fiat Unit Recalls 467,000 Vehicles

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FCA US, formerly known as Chrysler Group LLC, is voluntarily recalling about 467,000 vehicles due to fuel-pump defects that could lead to the engine stalling, or the car refusing to start.

Lloyds Resumes Dividends

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Lloyds Banking Group announced its first full-year net profit and dividend payout since the U.K. lender was bailed out during the financial crisis.

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