In a statement the U.S. State Department said, the private sector should have full clarity on what is transpiring in Xinjiang, China. The statement comes at a time when the Biden Administration has decided it will not send government officials… Read More ›
government officials
Malaysian Government, 1MDB seeking more than $5.6 billion in damages from audit firm KPMG
According to court documents,, Malaysia’s 1Malaysia Development Berhad (1MDB) and the state government are seeking more than $5.6 billion in damages from KPMG partners for alleged negligence and breaches linked to a corruption scandal at the fund. The audit firm… Read More ›
Japan readying a $120 billion stimulus package
On Tuesday, according to two government officials with direct knowledge of the matter at hand, Japan is preparing an economic stimulus package worth $120 billion to support its weak economic growth. “The spending will be earmarked in a supplementary budget… Read More ›
Uber’s CEO to visit India and Japan to boost firm’s image
The charm offensive is aimed at prucing up the firm’s image and reassuring employees, partners, regulators and government officials that Uber means well and wants to improve the quality of services in the country. Uber Chief Executive, Dara Khosrowshahi, is… Read More ›
Brazil seeks to impose exemplary fine of $12.7 billion on Andrade Gutierrez SA
The construction and engineering conglomerate is being probed by Brazilian authorities into alleged payoffs to politicians and government officials by the company to win government contracts, including for Petroleo Brasileiro SA. Brazilian daily, O Globo has reported citing calculations from… Read More ›