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Memoirs shine new light on war

Tony Blair has faced any number of claims about what he did and did not do when he and President Bush were preparing to go to war on Iraq.

The difference with Sir Christopher Meyer’s recollections is that he was actually there most of the time.

The former UK ambassador to the US witnessed much of the talk first hand and was in a position to see the relationship between the two men develop, and even help it along where necessary

Midway Trading admits oil-for-food bribe

A US oil trading company has pleaded guilty to involvement in the Iraq oil-for-food scandal and agreed to pay a fine of $250,000 (£141,000).

Midway Trading was accused of paying $400,000 in bribes to Iraqi officials for oil purchases under the UN scheme.

The scheme was devised to let Saddam Hussein sell oil and buy humanitarian goods while sanctions were in force

Oracle settles Insider Trading lawsuit

A San Mateo Superior Court judge on Monday postponed signing off on an $100 million settlement agreement between Oracle founder Larry Ellison and Oracle shareholders over an insider trading lawsuit.

Instead, Judge Jonathan Schwartz will review the matter on Nov. 15 and issue his decision on whether to accept the agreement hammered out by the parties

Wal-Mart hit by ‘sweatshop’ claim

US retail giant Wal-Mart has been hit with a lawsuit that claims it ignores sweatshop conditions at many of its suppliers’ factories around the world.

The class-action suit has been filed in Los Angeles on behalf of 15 workers in Bangladesh, Swaziland, Indonesia, China and Nicaragua.

Each claims they were paid less than the minimum wage and not given overtime payments

Regulator slams Mastercard fees

Mastercard and the banks issuing its credit cards have been overcharging their customers, according to the Office of Fair Trading (OFT).

The fee levied on retailers to recover the costs of the card system was too high, the watchdog says.

Consequently, all Mastercard purchases in the UK between March 2000 and November 2004 were overcharged

AOL pays out after Spitzer probe

The world’s largest internet service provider America Online (AOL) has vowed to reform its customer service after agreeing to settle a US lawsuit.

It follows an investigation by New York state attorney general Eliot Spitzer into complaints that AOL ignored people who wanted to cancel the service.

AOL will provide refunds to all the 300 customers who complained and will pay New York State $1

Experian rapped over credit offer

US financial information group Experian has settled charges that it deceived consumers into signing up to a credit monitoring service.

UK-owned Experian lured people into signing up to the service by offering them free credit reports, the US Federal Trade Commission (FTC) said.

Consumers were not adequately informed that they would be tied into the credit monitoring service, the FTC said

Time Warner to Pay $2.4 Billion for AOL Suit

Time Warner said today that it had agreed to pay $2.4 billion to shareholders who accused its AOL unit in a lawsuit of exaggerating revenues in order to push through the companies’ merger in 2001.

The cost of settling the legal dispute offset all of Time Warner’s earnings from the second quarter, and the company posted a net loss of $321 million

Google discrimination lawsuit

A former Google sales executive has filed a lawsuit against the search giant, alleging it engaged in job discrimination while she was pregnant with quadruplets.

Christina Elwell, who was promoted to national sales director in late 2003, alleges her supervisor began discriminating against her in May 2004, a month after informing him of her pregnancy and the medical complications she was encountering, according to the lawsuit filed July 17 in a U.S

Pay-for-play costs Sony BMG $10m

Sony BMG, the world’s second-biggest record label, has agreed to pay $10m (£5.7m) and stop paying radio station employees to play its artists’ songs.

The settlement follows an investigation into “pay for play” practices in the music industry, conducted by New York Attorney General Eliot Spitzer