Global Trade

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The South African government has intervened to support the Indian-born Gupta brothers, owners of a sprawling conglomerate with interests from mining to media, following a scandal that suggested that the brothers had accumulated so much power that they could dictate cabinet-level decisions in the country. Read More
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Unaoil, a lobbying firm based in Monaco, is being investigated by authorities in Australia, the U.K. and the U.S. for allegedly helping companies around the world pay bribes for oil concessions and contracts. Among the companies under scrutiny is Texas-based Kellogg Brown & Root, former subsidiary of Halliburton. Read More
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Activists say fines paid by Volkswagen to settle the "Dieselgate" scandal should be paid into a fund to help vulnerable populations like school children and low income communities, as punishment for installing software in some 11 million vehicles to enable the cars to cheat on emissions tests. Read More
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Thales, the French aerospace company, is hoping to develop a weaponized version of the Watchkeeper drone to sell to Poland. This is despite a series of software glitches and accidents that resulted in many of the first 54 Watchkeepers that were delivered to the UK to be sitting idle. Read More
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British regulators are investigating Soma Oil & Gas, a UK-based company, for allegedly paying bribes to the Somali government in exchange for exploration rights. Under scrutiny is the payment of $580,000 for "capacity building arrangements" at the Ministry of Petroleum in Mogadishu, according to Financial Times sources. Read More
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