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Sasol and its joint venture partners in Namibia are finally starting to break their silence over a R4-billion oil contract as questions of impropriety mount around the questionable black economic empowerment (BEE) deal.
Read MoreAsda Group Ltd., the British division of Wal-Mart Stores Inc., the world's largest retailer, has reached a deal with one of Britain's largest unions that marks the most significant concessions the global retailer has made to organized labor.
Read MoreExxonMobil violated a federal antiterrorism law by failing to check the identification of 15 illegal immigrants who were arrested at its Everett fuel depot while trying to clean up an oil spill, authorities said yesterday.
Read MoreAn Alabama jury yesterday convicted HealthSouth Corp. founder Richard M. Scrushy -- acquitted last year of federal accounting-fraud charges -- of paying half a million dollars in bribes to former governor Don Siegelman in exchange for a seat on a state health-care board.
Read MoreA HIGH-LEVEL government report into toxic hazards at a notorious industrial estate north of Brisbane is expected to find several violations of chemical storage rules by businesses located on the site.
Read MoreFrance has a long history of uprisings, but the latest social group to rebel was not previously known as troublesome - shareholders.
France's traditional brand of capitalism - dominated by a small elite with strong links to politicians - ensured that government-backed managers called the shots and shareholders suffered in silence.
A former Waste Management Inc. chief financial officer was found liable Thursday for civil fraud and other securities violations that federal officials said caused investors to lose more than $6 billion.
Read MoreAn Arkansas company and three of its employees face federal charges for alleged improprieties in their work at Fort Leonard Wood.
Read MoreA proposal to prevent Internet service providers from charging Web firms more for faster service to consumers failed yesterday to clear a Senate committee.
Read MoreThe U.S. futures industry regulator said Wednesday that a U.S. unit of BP Plc. tried to manipulate U.S. propane prices by cornering the market in February 2004.
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