Oil-trading bribery probe widens with new US charges, guilty pleas
September 24th, 2020 08:27
Authorities in the United States and Brazil are investigating improper payments to officials at Petrobras, Brazil#39;s state-run oil company, as part of Brazil#39;s far-reaching corruption probe, known as Car Wash. The latest U.S. court filings shed new light on the role of energy traders in a scheme that has led to charges against hundreds of powerful business leaders and politicians.
Gilead to pay $97 million to settle US kickback probe
September 24th, 2020 08:27
The U.S. Department of Justice said on Wednesday the settlement resolves allegations that Gilead improperly used the Caring Voice Coalition as a conduit to cover thousands of patients#39; co-payment obligations.
Stocks in the news | TCS, NLC India, Dr Reddy#39;s Labs, Seamec, Emami, Mahindra CIE, Tata Chemicals
September 24th, 2020 08:27
Satin Creditcare Network, Shree Rama Newsprint, Future Consumer, Jindal Stainless, Jindal Steel Power, Lactose (India), Gateway Distriparks, IIFL Securities are also among the stocks in focus today.
Fed policymakers double down on vow to keep interest rates near zero
September 24th, 2020 07:27
The Fed#39;s governing board made that vow last week at its regularly scheduled policy meeting, promising to leave rates at their current near-zero levels until the economy reaches full employment, inflation has risen to 2%, and is on track to moderately exceed that level.
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