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Washington/New Haven: Marubeni Corporation guilty in foreign bribery case, will pay $88 million.

2014-03-19 22:52:12| Grocery - Topix.net

Marubeni Corporation, a Japanese trading company involved in the handling of products and provision of services in a broad range of sectors around the world, including power generation, entered a plea of guilty today for its participation in a scheme to pay bribes to high-ranking government officials in Indonesia to secure a lucrative power ... (more)

Tags: case pay million corporation

 

Washington/New Haven: Marubeni Corporation guilty in foreign bribery case, will pay $88 million.

2014-03-19 22:36:11| Food - Topix.net

Marubeni Corporation, a Japanese trading company involved in the handling of products and provision of services in a broad range of sectors around the world, including power generation, entered a plea of guilty today for its participation in a scheme to pay bribes to high-ranking government officials in Indonesia to secure a lucrative power ... (more)

Tags: case pay million corporation

 
 

Political Insecurity Barricades Foreign Investments in Northern African Power Sector

2014-03-12 18:23:00| Transmission & Distribution World

Electricity demand in North Africa is escalating as a result of extreme climatic conditions, economic development and rising living standards, as well as sustained population growth. read more

Tags: power foreign political sector

 

Australia to relax Qantas foreign ownership limits

2014-03-03 12:56:53| Airlines - Topix.net

Prime Minister Tony Abbott said his Cabinet ministers had agreed to repeal legislation that prevents foreign airlines from holding more than 35 percent of the airline and any single foreign investor from holding more than a 25 percent stake.

Tags: australia foreign ownership limits

 

Foreign exchange dents Gap profit forecast for new fiscal year

2014-02-28 16:58:29| IT Services - Topix.net

Gap Inc on Thursday reported a higher-than-expected holiday quarter profit, helped by January sales gains, but the fashion company said it expected unfavorable currency exchange rates will hit its full-year profit.

Tags: year exchange foreign profit

 

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