European Union wants smaller, cleaner cars. Car makers will in the future be made to pay if they fail to slash the vehicles' emissions of carbon dioxide. Brussels has unveiled controversial proposals to impose fines on all new cars sold in Europe that exceed a set limit for CO2. The fines will start in 2012 and rise sharply every year.
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U.S. oil giant ExxonMobil Corp has asked the U.S Supreme Court to review a US$2.5 billion fine against the oil company for the 1989 Valdez disaster, the nation's worst tanker spill.
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Four hedge funds and Deutsche Bank AG were fined a combined 6.25 million euros ($8.4 million) by France's market regulator after an insider trading probe into a Vivendi Universal SA securities sale in 2002, Bloomberg News reported Thursday.
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NYSE Regulation Fines J.J.B. Hilliard, W.L. Lyons, Inc. $1 Million for Sale of Unregistered Securities - Customer Restitution Exceeds $3.5 million
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