Airbus corruption probe launched by United Kingdom fraud office

Airbus Group SE said the UK Serious Fraud Office has opened a criminal investigation into allegations of fraud, bribery and corruption relating to some of its third-party consultants. Intermediaries are used by firms looking to break into new market... More..

by | Published more than a month ago
by | Tuesday, August 09, 2016

Parliament approves GST bill

All these procedures need to be completed ahead of the Centre's planned roll-out for the bill on April 1, 2017. The party also suggested that the report of Chief Economic Advisor Arvind Subramanian on the mat...More..

by | Tuesday, August 09, 2016

Cognizant cuts full-year revenue forecast

Revenues of $3.370 billion were nearly in line with the consensus mark of $3.371 billion. The Nasdaq-listed IT services major with a significant employee presence in India reported a net profit of $252.4 millio...More..

NY, other states reach $100M settlement with Barclays Bank
by | Tuesday, August 09, 2016

NY, other states reach $100M settlement with Barclays Bank

The scandal - which subsequently engulfed banking giants around the world - centred on interbank lending rates, calculated based on submissions by the banks and used as the basis for trillions of dollars of fin...More..

by | Tuesday, August 09, 2016

Oil prices rebound as OPEC agrees extra meet

Oil prices enjoyed a bit of a rally Monday, following word that OPEC ministers will gather next month for a meeting during an worldwide energy forum in Algeria. Cheap oil has created pain in Texas, North Dakota...More..

Catherine Skinner of Australia wins gold in women's trap shooting
by | Monday, August 08, 2016

Catherine Skinner of Australia wins gold in women's trap shooting

She shot 68 out of a possible 75 in the three 25-target qualification rounds. Both women hit their first shots in the shoot-off, but Skinner hit and Meyer missed, sending the Australian into the final six. "I'v...More..