At APEC, China, others woo Pacific with a boulevard, a Bible and a barbecue

PORT MORESBY (Reuters) – After world leaders jetted out of Papua New Guinea following the acrimonious end to the Asia-Pacific Economic Cooperation (APEC) summit, Pacific nation leaders gathered at Australia’s High Commission for kangaroo sausages and cold beer. The final function on Sunday in the capital Port Moresby followed a whirlwind of diplomacy for the leaders of the sparsely populated but strategically important Pacific. While they have been feted by both East and West in the build up to APEC, key issues affecting them – climate change and development –…

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NBA fines Heat G Richardson $25,000 for shoe toss

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Societe Generale to pay $1.4 billion to settle cases in the U.S.

PARIS/WASHINGTON (Reuters) – French banking giant Societe Generale (SOGN.PA) on Monday agreed to pay U.S. federal and state authorities $1.4 billion to resolve pending legal disputes. The bank agreed to pay $1.34 billion to settle investigations into its handling dollar transactions in violation of U.S. sanctions against Cuba and other countries, the bank and the U.S. authorities said in separate statements. Additionally, the bank said it agreed to pay $95 million to settle another dispute over violations of anti-money laundering regulations. SocGen, as the bank is informally known, has been…

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UPDATE 3-L Brands halves dividend, appoints new CEO for Victoria's Secret

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Australia police arrest three men over mass attack plan

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New Petrobras CEO rules out privatization, wants non-core asset sales

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UPDATE 3-Kroger and Ocado to build first robotic warehouse in Cincinnati

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