News

Indonesia will not release to the public a 30-day preliminary report detailing its investigation into last month's crash of an AirAsia passenger jet that killed 162 people, a senior transport safety official said on Wednesday.

BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill.

A former Toronto stockbroker failed to persuade a U.S. appeals court in Philadelphia to overturn his fraud conviction and 25-year prison sentence for causing more than $55 million of losses in an international stocks scam.