Brazilian authorities are investigating whether JPMorgan Chase & Co played a role in an alleged bribery and money laundering scheme that dated back to 2011 and involved state-run oil company Petrobras, according to documents reviewed
BP Plc fired an ex-oil trader because he voiced concerns about bribes being paid in Nigeria to secure local contracts, according to a sprawling London employment suit that sheds light on the energy giant’s lucrative
The European Union will move forward with a ban on forced labour products, European Commission President Ursula von der Leyen confirmed on Wednesday, a move widely seen as being directed at China. Speaking at her second
Every day a seemingly never-ending stream of toothbrushes, toilet paper, tape, thumbtacks, toys and other products criss-cross the globe from a network of suppliers to Walmart’s more than 10,500 stores. The retailer, which was for
Mexican state oil company Petroleos Mexicanos (Pemex) has cancelled three contracts with Vitol, the latest fallout from a U.S. bribery case involving the world’s largest independent energy trader. Three separate Pemex documents were seen by Reuters
Fast-fashion chain Primark has said it will make its clothes more durable and commit to using more sustainable materials in all its garments by 2030 as part of a new sustainability strategy. The $30bn fast-fashion
German lawmakers will question Finance Minister Olaf Scholz over suspected failings at the government anti-money laundering agency next Monday, only days before a federal election which his party is projected to win. Scholz will answer
Top Glove, the world’s biggest rubber-glove maker and one of the success stories of the pandemic, can once again sell its products in the US after an import ban imposed for allegations of forced labour
Three trash disposal companies that serve San Francisco, all subsidiaries of Recology Inc., were charged today in federal court with conspiracy to commit honest services fraud and have agreed to pay $36 million in criminal
German prosecutors raided the finance and justice ministries on Thursday as part of an investigation into the government’s anti-money laundering agency, putting a spotlight on Germany’s failings in tackling financial crime. The probe into the
One of the largest tobacco companies in the world has been accused of bribing Robert Mugabe, the former president of Zimbabwe. City-based British American Tobacco (BAT) was part of negotiations to pay between $300,000 and
Fast-fashion giant Shein has just become the largest online-only retailer in the world. In July this year, the app became the most downloaded with over 17.5 million downloads across the Google Play and Apple stores.
