Three billionaire oligarchs who founded the controversial FTSE 100 miner Eurasian Natural Resources Corporation are being personally sued for $27m (£17m) by their former corporate finance adviser.
Here's some of the best Bloomberg videos of 2012.
Here are some of the most momentous news events that took place during 2012.
Thomas Joyce, the CEO of Knight Capital Group, is poised to collect a $7.5m retention payment tied to Getco LLC’s acquisition of the market-making firm, according to a government filing.
Galleon Group LLC co-founder Raj Rajaratnam, who is serving 11 years in prison for insider trading, agreed to pay $1.5m to settle a civil case brought by the U.S. Securities and Exchange Commission.
Global mergers and acquisitions rose to the highest level in four years this quarter, as a surge in U.S. deals provided ground for optimism and salvaged what had been the worst year for takeovers since the financial crisis.
The UK economy was flat.
US Treasury secretary Tim Geithner warned on Wednesday he would have to take "extraordinary measures" to avoid a default on the US's legal obligations as the country is set to breach its $16.4tn (£10.16tn) debt limit.
The Toyota car company has agreed to pay more than $1bn to settle claims that its cars could unintentionally accelerate out of control. A judge must approve Toyota's offer of $1.1bn (£683m), which was filed in a Californian court on Wednesday.
Stock markets can go up as well as down, as 2012 has proved. But...
Barclays has picked JPMorgan to replace Credit Suisse as a corporate broker amid a review of the bank’s performance by new Chairman John McFarlane. Deutsche Bank retained its advisory role.
Boris Johnson, the mayor of London, has suggested that Uber drivers should have to pass language and geography tests before being allowed to operate in the city.
Amazon’s booming UK business paid just £11.9m of tax last year, while the online retailer’s Luxembourg unit took £5.3bn of sales from British internet shoppers without being subject to UK tax, according to company filings.