Money & Politics
Activists have condemned Credit Suisse and VTB of Russia for lending $850 million to Mozambique in 2013 that was used mostly to buy military equipment, despite telling the public that the money would be used to buy fishing boats.
Allegations made by the Indian Central Bureau of Investigation that Israeli defense firms bribed Indian officials so that they would prefer Israeli products could chill defense ties between the two countries, warns US magazine "Defense Week."
An oil company whose chief executive has bankrolled the Conservatives won exclusive rights to trade with Libyan rebels during the conflict, following secret talks involving the British Government.
For President Bush to pretend to be shocked that some of the nation's top executives deal from a stacked deck is akin to a madam feigning surprise that sexual favors have been sold in her establishment. Dubya may have gaps in his education, but ignorance of ''aggressive accounting'' techniques and other scams they don't teach in Biz 101 is not one of them.
New York Attorney General Andrew Cuomo has warned Charles Schwab & Co. that his office plans to sue the firm for civil fraud over its marketing and sales of auction-rate securities to clients. Emails and testimony cited in the letter show Schwab's brokers had little idea of what they were selling and later failed to tell clients that the market was collapsing.
As the U.S. Department of Homeland Security marches down the Texas border serving condemnation lawsuits to frightened landowners, Brownsville resident Eloisa Tamez, 72, has one simple question. She would like to know why her land is being targeted for destruction by a border wall, while a nearby golf course and resort remain untouched.
Retired retail executive Richard Goldman was astonished when he heard about the $27 billion pollution lawsuit against Chevron Corp. in Ecuador. SO he has created a nonprofit group, Ethos Alliance, that will use social-networking tools to spread word of the case and put pressure on Chevron.
Sacyr, the Spanish construction giant, has threatened to halt work on the expansion of the Panama canal unless it is paid an extra $1.6 billion. The company leads a consortium that won the 2009 contract after bidding to do the job for $1.1 billion less than the next bidder.
Sasol and its joint venture partners in Namibia are finally starting to break their silence over a R4-billion oil contract as questions of impropriety mount around the questionable black economic empowerment (BEE) deal.