News

U.S. Supreme Court justices on Tuesday appeared unsure over how to resolve a privacy rights challenge by hotel operators to a Los Angeles city ordinance, intended to deter crimes including prostitution, that lets police view guest registries.

Chinese police have frozen two bank accounts held by Trafigura, one of the world's three largest private oil and metals traders, as the authorities investigate an alleged $32 million gasoline trade fraud, according to three sources.

The European Union's second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector.