Calvin Klein has for the past few months been contesting the use of its initials by the Spanish company Zafra Marroquineros. The European Court of Justice has now dismissed the case brought by the American brand.
Mining group Xstrata confirmed its $1 billion estimate of synergies for its proposed merger with rival Anglo American after its advisors were quoted in newspapers saying the number could be much higher.
Miner Anglo American is considering finding a partner for its huge iron ore project in Brazil, including from China, but apparently the move is not a defense against an unwanted merger approach from rival Xstrata.
Thought Sacha Baron Cohen couldn't get any more outrageous? Think again. The British actor debuted a video excerpt on Friday from his new mockumentary style movie "Bruno" featuring a gay, Austrian fashionista alter-ego to rival his 2006 over-sexed Kazakh TV reporter Borat.