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Tax scandal ex-HSBC chief quits lobby role

Last Updated: Saturday, February 14, 2015, 23:15

HSBC`s former chief executive and chairman, Stephen Green, the man at the centre of the SwissLeaks tax scandal in Britain, on Saturday stepped down from his role at finance lobby group TheCityUK.

British opposition goes on war path over HSBC scandal

Last Updated: Wednesday, February 11, 2015, 22:36

British opposition leader Ed Miliband went on the offensive today over an international scandal involving London-based HSBC bank, accusing Prime Minister David Cameron of being soft on tax avoidance.

Special 2G court to hear additional spectrum case Monday

Last Updated: Sunday, January 11, 2015, 16:17

The stalled additional 2G spectrum case during previous NDA rule is likely to gain some momentum as a special court here will take it up for hearing Monday sans Sunil Bharti Mittal and Ravi Ruia, who succeeded in getting an order summoning them as accused quashed.

Tesco kicks off fightback with cost cuts and asset sales

Last Updated: Friday, January 9, 2015, 04:36

Tesco will slash costs and sell assets to fund lower prices and mend its finances, Britain`s biggest retailer said on Thursday.

Petrobras blocks new contracts with graft-accused constructors

Last Updated: Wednesday, December 31, 2014, 10:50

Brazilian state-owned oil giant Petrobras is temporarily blacklisting top construction firms linked to a multimillion-dollar graft scandal pending the outcome of an investigation.

CEO of Brazil`s Petrobras says will not resign

Last Updated: Thursday, December 18, 2014, 09:59

The chief executive of Brazil`s state oil giant Petrobras said Wednesday that she will not resign despite the corruption scandal shaking the company and the ruling Workers` Party.

EU agrees tougher money-laundering law

Last Updated: Wednesday, December 17, 2014, 22:50

Owners of secretive companies in Europe will have a harder time keeping out of the public eye, EU negotiators agreed Wednesday, in another blow against opaque business practices after the LuxLeaks scandal.

James Franco pokes fun at Sony computer hacking scandal on SNL

Last Updated: Monday, December 8, 2014, 10:38

Just days after a massive hacking attack on employees at Sony`s Hollywood studio, distributor of the new James Franco comedy about a plot to assassinate North Korean leader Kim Jong Un, the actor wasted no time as host of "Saturday Night Live" and mined the situation for all it was worth.

Court directs probe in defamation case against Madhu Kishwar

Last Updated: Saturday, February 1, 2014, 00:33

A local court on Friday directed probe in a criminal defamation suit filed by suspended Gujarat IAS officer Pradeep Sharma against columnist-activist Madhu Kishwar in connection with the 2009 snooping scandal.

More implicated in nuke cheat probe in US

Last Updated: Wednesday, January 29, 2014, 01:43

The number of US Air Force service members implicated in a scandal involving alleged cheating on tests of nuclear missile launch operations has roughly doubled from the 34 initially cited, officials said.

Police arrest man in Japan tainted food scandal

Last Updated: Monday, January 27, 2014, 01:07

Japanese police arrested a factory worker at a plant that churned out food laced with pesticide, which led to massive poisoning and a recall of more than 6 million packages of frozen food.

Chinese Communist Party official sacked over sex scandal

Last Updated: Tuesday, January 21, 2014, 00:53

A senior Communist Party school official in northwest China`s Shaanxi province has been dismissed from his post.