Recent scandals, involving such titans as Siemens, Volkswagen and Deutsche Poste, have undermined public trust in the integrity of German corporations, bolstering a growing shift to the left and its social welfare ideals. Read More
Nearly two decades after taking the helm of Deutsche Post, Klaus Zumwinkel surrendered to police amid suspicion that he evaded â¬1 million in taxes. The next day, he resigned, becoming the first to fall in a massive probe that has broadened to nine other countries. Read More
The Lee family, for all its public-relations woes and legal entanglements, remains the dominant shareholder in Samsung, the jewel in South Korea's conglomerate crown. Read More
A former manager of Siemens, the European engineering company, testified Monday about an intricate system of slush funds and bribery at the company as the first trial on allegations of corporate corruption in Germany began. Read More
BAE Systems admitted yesterday that American authorities investigating corruption claims over an arms deal with Saudi Arabia had issued a series of subpoenas to senior executives, as the investigation continues to gather pace. Two bosses of the defence giant were also detained after they landed at a Houston airport last week Read More