German enterprise tech company SAP has agreed to pay more than $230 million to settle investigations into "recidivist" bribery practices in seven countries, US authorities said.
A former portfolio manager at New York State Common Retirement Fund and two brokers were charged with securities fraud after being involved in a bribery scheme that started early in 2014.
After several conducted investigation, Embraer was found liable of $205M for bribery.
Bo Xilai's political supporters have formed a political party named Zhi Xhian Party where Bo Xilai was named as 'chairman for life'.
Embraer under fire for corruption charges in the Dominican Republic.
The European Union Chamber of Commerce in China said there was unfair treatment to foreign firms in the China bribery probe.
Xinhua reported that French drugmaker Sanofi had become the focus of bribery investigations by Chinese authorities.
China's official news outlet said that more foreign pharmaceutical firms in the country could face the possibility of getting investigated for corruption.
China's Commerce Ministry confident probe on drugmaker GlaxoSmithKline won't mar investor confidence
China remains confident that the ongoing investigations for alleged bribery of GSK execs in its China division won't mar investor confidence.
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Taylor Swift Reaches Her Billionaire' Era,' Joining Elon Musk and Jeff Bezos on the List of World's Wealthiest People
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk