Italian ruling-party lawmakers push for Huawei ban: paper
FILE PHOTO: The logo of Huawei Technologies in front of the German headquarters of the Chinese telecommunications group in Duesseldorf,…
Standard Chartered fined $133 million by Britain’s financial watchdog
People walk inside the main branch of Standard Chartered in Hong Kong, China August 1, 2017. REUTERS/Bobby Yip/File Photo (Reuters)…
Insys founder ran bribe scheme to push opioid: U.S. prosecutor
BOSTON (Reuters) – Insys Therapeutics Inc’s one-time billionaire founder directed a vast scheme to bribe doctors to prescribe an addictive…
Malaysia probing audit firms’ conduct in 1MDB scandal
KUALA LUMPUR (Reuters) – Malaysia’s securities regulator said on Saturday it was looking into the conduct of auditors of 1Malaysia…
Nissan has canceled lease on Ghosn’s Tokyo apartment: Ghosn lawyer
A court sketch, drawn by Nobutoshi Katsuyama, shows ousted Nissan Motor Co Ltd chairman Carlos Ghosn during an open hearing…
France presses Renault over executive compensation paid via Dutch holding company
PARIS (Reuters) – The French government has told Renault (RENA.PA) to provide more details on compensation paid to senior executives…
Nissan’s Ghosn to make first public appearance in 7 weeks in court on Tuesday
TOKYO (Reuters) – Ousted Nissan Motor Co Ltd (7201.T) chairman Carlos Ghosn is set to make his first public appearance…
Japan court extends Ghosn detention by 10 days
FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends a press conference on the second press day…
French court fines oil group Total in Iran bribery case
PARIS (Reuters) – A Paris court fined French oil and gas group Total (TOTF.PA) 500,000 euros ($570,000) on Friday for…
Physician assistant faces U.S. trial over Insys opioid kickbacks
(Reuters) – A former physician assistant is set to face trial in New Hampshire on Wednesday over charges he accepted…
Huawei CFO seeks bail, cites health fears behind bars: court documents
Meng Wanzhou, Executive Board Director of the Chinese technology giant Huawei, attends a session of the VTB Capital Investment Forum…
Huawei CFO bail hearing to resume in Canada as Beijing steps up pressure
TORONTO/BEIJING (Reuters) – A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on…
Exclusive: Odebrecht Peru agrees to plea deal with Peruvian authorities over bribery scandal – sources
(Reuters) – Brazilian builder Odebrecht’s Peruvian unit has signed a deal with Peruvian authorities to pay a multimillion dollar fine…
Exclusive: U.S. probe of China’s Huawei includes bank fraud accusations – sources
WASHINGTON (Reuters) – Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S.…
Explainer: The Ghosn affair and Renault-Nissan’s uneasy relationship
PARIS (Reuters) – Nissan’s (7201.T) board ousted Chairman Carlos Ghosn on Thursday following the auto industry star’s arrest in Japan…
Dividend windfall: Santander latest target in Germany’s giant fraud probe
FRANKFURT (Reuters) – Spain’s Santander (SAN.MC) is the latest bank to be caught up in Germany’s biggest post-war fraud investigation…
Danske shares slide as U.S. criminal inquiry spooks investors
COPENHAGEN (Reuters) – Danske Bank’s (DANSKE.CO) deepening money laundering scandal dragged its shares to a four-year low on Friday as…
SEC chairman says Tesla settlement in ‘best interests’ of shareholders
WASHINGTON (Reuters) – U.S. Securities and Exchange Commission chairman Jay Clayton said in a statement on Saturday that the agency’s…
Musk to resign as Tesla chairman, remain as CEO in SEC settlement
WASHINGTON/SAN FRANCISCO (Reuters) – Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the…
UK auditors, watchdog to discuss curbs on Big Four market share
LONDON (Reuters) – Britain’s top accountants will meet with competition regulators next week to discuss limiting the “Big Four” auditors’…
U.S. argues judge failed to take its arguments into account in AT&T trial
WASHINGTON (Reuters) – The U.S. government said on Monday the judge in the trial to stop AT&T Inc’s (T.N) purchase…
Indonesia to hand over yacht linked to 1MDB to Malaysia
KUALA LUMPUR (Reuters) – Indonesia has agreed to hand over to Malaysia a $250 million luxury yacht it impounded in…
U.S. charges hundreds in major healthcare fraud, opioid crackdown
(Reuters) – The U.S. Justice Department on Thursday announced charges against 601 people including doctors for taking part in healthcare…
UK’s accounts watchdog opens probe into Deloitte’s audit of SIG’s annual statements
(Reuters) – UK’s accounting watchdog said on Thursday it began an investigation into Deloitte LLP’s audit of two annual financial…
Ex-Akebia employee jailed for night as insider trading trial starts
BOSTON (Reuters) – A former Akebia Therapeutics Inc (AKBA.O) employee accused of engaging in an insider trading scheme must spend…
Merrill Lynch to pay $42 million for misleading customers: SEC
WASHINGTON (Reuters) – Bank of America Corp (BAC.N) subsidiary Merrill Lynch will pay a $42 million penalty for lying to…
Theranos founder Holmes, former president indicted for fraud
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they…
Theranos founder Holmes, former president indicted for fraud
(Reuters) – Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they…
Fitbit’s six current, ex-staff indicted in Jawbone trade secrets case
(Reuters) – Six former and current employees of Fitbit Inc (FIT.N) were charged in a federal indictment for possessing trade…
Former State Street executive faces U.S. fraud trial
BOSTON (Reuters) – A former executive at State Street Corp (STT.N) is set to face trial on U.S. charges that…
Exclusive: U.S. bill would force tech companies to disclose foreign software probes
WASHINGTON (Reuters) – U.S. tech companies would be forced to disclose if they allowed American adversaries, like Russia and China,…
Porsche to recall 60,000 SUVs for emissions problems: German regulator
HAMBURG (Reuters) – Volkswagen’s (VOWG_p.DE) sports-car brand Porsche has been asked by Germany’s KBA automotive regulator to recall around 60,000…
BlackRock may keep fees despite executive’s U.S. campaign donation: SEC
NEW YORK (Reuters) – BlackRock Inc can keep fees from the state of Ohio despite a donation one of its…
Fidelity fires more than 200 over alleged misuse of reimbursement programs – WSJ
(Reuters) – Fidelity Investments has fired or allowed more than 200 employees to resign over alleged misuse of workplace-benefit programs,…
Four found guilty in insider trading case linked to U.S. health agency
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday…
Ex-Volkswagen CEO Winterkorn charged in U.S. over diesel scandal
WASHINGTON (Reuters) – The U.S. Justice Department on Thursday disclosed the filing of criminal charges against former Volkswagen AG (VOWG_p.DE)…
Jilted Akorn sues Fresenius over deal termination
FRANKFURT (Reuters) – U.S. generic drugmaker Akorn is taking former suitor Fresenius to court after the German healthcare group canceled…
U.S. said to investigate AT&T, Verizon over wireless collusion claim: source
WASHINGTON (Reuters) – The U.S. has opened a probe into alleged coordination by AT&T Inc (T.N), Verizon Communications (VZ.N) and…
Indian special court issues warrants against two accused in PNB bank fraud
NEW DELHI (Reuters) – A special court of India’s Central Bureau of Investigation (CBI) issued non-bailable warrants against two Indian…
Bank of America pays $42 million fine in New York ‘masking’ probe
NEW YORK (Reuters) – Bank of America Corp (BAC.N) will pay a $42 million fine and admitted wrongdoing to settle…
Abbott’s Alere resolves U.S. diagnostic device probe for $33.2 million
BOSTON (Reuters) – Alere Inc has agreed to pay $33.2 million to resolve claims it knowingly sold unreliable diagnostic testing…
‘No one above law’ in Mexico graft fight, says presidential hopeful Meade
ACAPULCO (Reuters) – Mexico’s attorney general should be given more autonomy to fight graft so that no one, not even…
Japan’s Kobe Steel names Yamaguchi as president after data fraud
TOKYO (Reuters) – Japan’s Kobe Steel Ltd (5406.T) on Friday appointed the head of its machinery business as its new…