SAO PAULO— Brazil's troubled state-owned oil company has said it will reveal its estimate on how much it lost in a sweeping kickback scheme when it releases an audited report of its financial earnings from last year's third and fourth quarters. Part of that money allegedly went to the governing Workers' Party and other parties for political campaigns.» Read More
Stacey Widlitz, CNBC retail analyst, and Chris Horvers, JPMorgan retail-hardlines analyst, weigh in on Wal-Mart Mike Duke's successor Doug McMillon as new CEO.
Mel Goldberg, senior partner at Mel Goldberg Law, discusses FIFA's investigation on corruption and bribery claims regarding Qatar's successful bid to host the World Cup in 2022.
Authorities are investigating British drugmaker GlaxoSmithKline for violations of US anti-bribery laws in China after Chinese government officials accused the company of bribing doctors.
The U.K.'s Serious Organised Crime Agency (Soca) has been ordered to make public a list of over 100 companies and individuals who hired corrupt private detectives. A government committee warned Soca that if it did publish the list by Monday, it would be forced to do so instead.
An internal exam of JPMorgan's hiring practices in Asia is looking at the employment of about 200 people for possible instances of illegal nepotism, a source said.
Wal-Mart's CEO Mike Duke spoke to CNBC's Maria Bartiromo about the financial impact of the Mexican bribery allegations and says he "will take the appropriate actions; doing the right thing is a part of working at Wal-Mart."
Disgraced Chinese politician Bo Xilai faces charges of bribery, corruption and abuse of power in a move billed by the government as a fight against corruption, reports CNBC's Eunice Yoon.
Federal authorities are investigating JPMorgan's hiring of children of influential Chinese officials to help the bank win lucrative business deals. CNBC's Kayla Tausche has the details. And Andrew Stoltmann of Stoltmann Law Offices; and Thomas Curran, Peckar & Abramson, join to discuss the China bribery probe.
Glaxo's problems may go beyond the sales practices that are currently at the center of a bribery and corruption scandal in China. They may extend to its Shanghai research and development center.
Jonathan Russell, senior associate at Alaco, questions if GSK's action against bribery is being seen on the ground.
GlaxoSmithKline CEO Andrew Witty will detail this week what action the drugmaker is taking in response to allegations of bribery against it in China, sources said.
China detained and questioned an executive of GlaxoSmithKline, amid an ongoing bribery investigation, reports CNBC's Eunice Yoon.
Willy Lam, professor at the Chinese University of Hong Kong, says the GSK corruption claim in China appears to be part of a large well-orchestrated campaign against multinationals
Wal-Mart Stores said that members of its board's audit committee were paid more due to extra work they had to take on to handle an ongoing investigation into alleged bribery.
The SEC charged Mark Begelman with insider trading, reports CNBC's Eamon Javers.
Las Vegas Sands said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.
Former Italian Prime Minister Silvio Berlusconi is under investigation on suspicion of bribing a senator to change sides in parliament, deepening the legal troubles of one of the key players in the country's post-election deadlock.
Italian defence group Finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said on Thursday.
Spain's prime minister published his tax returns on Saturday in a bid to quell reports he and other conservative politicians received secret cash payments but the opposition said many questions remain unanswered.
U.S. lawmakers on Thursday released documents they said showed Wal-Mart Stores' CEO was informed in 2005 of Mexico bribery allegations.