President Xi Jinping’s campaign against corruption is growing into one of the broadest in China’s modern history, snaring dozens of businessmen and government officials and positioning Xi as the country’s most powerful leader in decades.
Rolls-Royce will come under close scrutiny after India's defence ministry confirmed that it has ordered an investigation into the deal the aerospace and defence giant made with state-run Hindustan Aeronautics Limited.
Switzerland, Austria and Liechtenstein on Friday moved to freeze assets and bank accounts of up to 20 Ukrainians including ousted president Viktor Yanukovich and his son, after Ukraine's new rulers said billions had gone missing.
High economic growth rates in a number of African countries mask widening inequality between a wealthy minority that is growing richer and the poor who, in many cases, are becoming poorer, a new report said.
G20 countries agreed to develop stricter rules on cross-border taxation to close loopholes that have allowed multinationals such as Starbucks Corp SBUX.O, Google Inc GOOG.O, Apple Inc AAPL.O and Amazon.com Inc AMZN.O to avoid paying taxes.