A sign outside the corporate headquarters of the General Electric company, in Fairfield, Connecticut

The message from the serried ranks of highly paid lawyers, barristers and advisers filling the London courtroom was clear: don’t mess with General Electric.

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The Business Matrix: Tuesday 09 July 2013

Chinese firm buys Lloyd’s building

Worries grow over Britain's future as a global centre for finance

Warning that international business is being put off the UK by red tape and tax

Herbert Smith in tie-up to form new legal giant

A new legal giant emerges today as London-based Herbert Smith and Australian group Freehills start formally trading under the same banner.

London Welsh, here on the attack at Old Deer Park through the centre Hudson Tonga'uiha, have been denied entry to the Premiership

Welsh defiant after RFU closes Premiership door

The Rugby Football Union and its top professional clubs were contemplating the hazardous traverse of a legal minefield yesterday after informing London Welsh that they had failed to meet promotion criteria and would not be admitted to next season's Premiership, even if they succeed in beating Cornish Pirates in a two-leg Championship final that kicked off in Penzance last night. The Exiles, who had nominated the Kassam Stadium in Oxford as their home for 2012-13, spoke of their "grave disappointment" and hinted strongly at the possibility of court proceedings.

James Murdoch faces another grilling today

Murdoch junior is prepped for 'assault on credibility'

James Murdoch is being prepped by a litigation specialist to help explain why he failed to tell MPs of discussions he had with the News of the World editor on the "options" they faced over phone hacking.

Smoke and mirrors: how the tobacco industry hides behind lobbyists

PR firms and lawyers campaign without revealing clients' identity

One last tower and Docklands is done

Just over 20 years since development started at Canary Wharf, work is set to begin on the final building. Sarah Arnott reports

Press regulator recruits Lord Grade as it beefs up board

The Press Complaints Commission has named Lord Grade, the former BBC chairman, as one of its new commissioners.

Mark Leftly: Proof that a word in the right ear changes policy

Government made to see sense on migrant cap

Asia's rising powers flex their muscles

Asia's growing confidence is reflected in a rise in the region's share of global mergers and acquisitions. Sean Farrell reports

Top lawyers toast record earnings but revenues fall

Despite the recession causing a fall in the combined billing fees of the UK's 100 biggest law firms for the first time in nearly 20 years, top lawyers are earning more than ever.

Gartmore reinstates fund manager who breached internal rules

Gartmore, the investment group, yesterday reinstated Guillaume Rambourg, the fund manager it suspended last month.

Michael Smyth CBE: British democracy is the victor

The unanimous judgment by the European Court of Human Rights in Strasbourg that an order to hand over a journalistic document infringed the media's right to free expression is a reminder that media freedoms are about more than a balanced defamation law.

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