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Contractor pleads guilty to conspiracy, bribery and money laundering in connection with a bid-rigging of Iraq reconstruction contracts.

KBR, the Halliburton subsidiary recently reprimanded for gross overcharging in its military contracts in Iraq, won a $385 million contract to build large-scale detention centers in case of an "emergency influx" of immigrants.

With millions of dollars in Iraqi reconstruction contracts to be had, Philip H. Bloom offered up money, cars, premium airline seats, jewelry, alcohol, even sexual favors from women at his villa in Baghdad.

British scientists are at loggerheads with US colleagues over a controversial plan to work alongside oil companies to hunt for fossil fuel reserves in the Arctic.

Chad on Monday softened threats to stop sheltering Sudanese refugees and halt oil production following rebel attacks as the United States offered to broker a solution to a dispute with the World Bank.

"exploring options" amid reports it is about to be sold to Swiss food giant Nestle.

A prosecutor tried to poke holes in the testimony of Jeffrey K. Skilling, the former Enron chief executive, today by boring in on stock sales he made in the months after he left the company and before the energy company declared bankruptcy.

Despite emerging evidence of AWB's kickbacks, the Howard Government continued giving the wheat trader its unconditional support.

Iraq's Halfayah oil field was the glittering prize sought in one of the dodgiest deals linked to the wheat board, write .

American contractors swindled hundreds of millions of dollars in Iraqi funds, but so far there is no way for Iraq's government to recoup the money.