Twenty-five officials will face prosecution over the blasts on suspicion of dereliction of duty, abuse of power and bribery, the official Xinhua News Agency reported, citing the Supreme People's Procuratorate. An investigative team assembled by the State Council, China's Cabinet, said flames spread among stocks of nitrocellulose, a flammable compound used...» Read More
Did Wal-Mart's Mexican division orchestrate a campaign of bribery to grab market dominance? Jeffrey Sonnenfeld, Yale School of Management weighs in on the investigation.
Dozens of foreign companies with London listings may be exempt from new anti-corruption laws, Ken Clarke has confirmed, a disclosure that will anger investors keen to preserve the integrity of London’s markets, the Financial Times reports.