Business

The U.S. Securities and Exchange Commission moved on Monday to dismiss insider-trading proceedings against a man accused of illegally trading in Herbalife.

Apache Corp was not in breach of contract in a lawsuit brought by Houston-based oil and gas producer W&T Offshore Inc in 2011, a federal jury found on Monday, according to a court filing.

Britain's Co-operative Bank said it would not need to raise capital after failing a Bank of England stress test. Co-op Bank, which nearly collapsed last year and fell under the control of bondholders, said its core capital fell to -2.6 percent in the test, compared to a 4.5 percent pass mark.