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An oil and gas services company owned by a US buy-out firm on Monday admitted it sought to bribe officials connected to several nationally owned oil companies to improve sales of its software, including Kazakhstan's KazMunaiGas and subsidiaries of China's CNOOC.

Lockheed looks to secure more U.S. government contracts for other services from managing military bases and embassies to helping writing constitutions for developing nations.

The decision Monday by the United Auto Workers to walk off the job at General Motors highlights yet again the divisive element of healthcare in labor relations, and how what began as a historic accident is now the single biggest liability for both businesses and workers.

Wal-Mart will set out how it will cut costs by measuring and reducing greenhouse gas emissions throughout its supply chain Monday.

A US major is arrested in relation to a bribery scheme involving companies seeking military contracts.

The U.S. government is investigating whether private military contractor Blackwater USA, blamed for the deaths of 11 Iraqis in Baghdad on Sunday, has been shipping unlicensed automatic weapons and military goods to Iraq.

BAE Systems is facing a class-action lawsuit in the US related to alleged bribery, which could lift the lid on the inner workings of the defence company.

The head of a firm hired to audit Iraqi reconstruction spending is under investigation for violation of conflict of interest laws.

Iraqi commandos are being training by USIS, a Virginia-based company that was once owned by the Carlyle Group. One of multiple "security" forces being created with $20 billion in U.S. funds, these Emergency Response Units may be stoking civil unrest as they accompany U.S. troops on raids.

In an attempt to tighten controls and improve its image following a bribery investigation that began last year, a German engineering company appoints new board members and senior managers.