Oil giant BP has been fined a total of $373m (£182m) by the US Department of Justice for environmental crimes and committing fraud.
The fines include $50m relating to a Texas refinery explosion in 2005 that killed 15 people and injured 170 more.
That sum is the highest fine of its kind levied under the Clean Air Act
The Brazilian headquarters of computer network equipment maker Cisco Systems has been raided as part of an investigation into tax evasion.
Authorities believe the unit may have imported $500m worth of equipment over the past five years without properly paying import duties.
The firm said its Sao Paulo and Rio de Janeiro offices had been temporarily closed and some staff detained
Lloyds TSB says it will vigorously defend a money-laundering lawsuit brought by US prosecutors.
Lloyds and Bank of Cyprus face civil charges alleging they helped launder hundreds of millions of dollars from a securities fraud.
The US government is seeking penalties of at least $162m from Bank of Cyprus and $130m from Lloyds, which said the legal action was without basis
The former head of Chinese oil firm Sinopec, who stepped down unexpectedly in June, has been arrested.
Officials confirmed that Chen Tonghai had been detained for questioning, but did not explain why.
Following Mr Chen’s decision to quit for “personal reasons”, state media reported that he was being investigated for “financial problems”
In 2005 United Airlines terminated its employee pension plans, creating the single largest corporate pension default in U.S. history
The head of newly-created StatoilHydro has resigned amid a probe into possible corruption over contracts in Libya.
Eivind Reiten, who is also the head of Norsk Hydro, said he had to step down to avoid a conflict of interest.
The probe started on Monday, when the company – formed when Statoil acquired Norsk Hydro’s oil and gas division – first listed its shares
Siemens has been fined 210m euros ($248m; £145.5m) by a German court following an investigation over whether workers paid bribes to gain contracts.
Siemens also agreed to pay 179m euros to the tax authorities, after a failure to declare payments properly
US drugmaker Bristol-Myers Squibb and a subsidiary have agreed to pay more than $515m (£251.7m) to settle allegations of marketing certain drugs illegally.
The fines issued by the US Department of Justice mark the end of a probe into the firm’s drug pricing practices that began a number of years ago
Thames Water is facing a fine of more than £12m for “inadequate” reporting and customer service.
Water watchdog Ofwat said it planned to fine Thames £11.1m for failing to provide “robust information”
Microsoft has lost its appeal against a record 497m euro (£343m; $690m) fine imposed by the European Commission in a long-running competition dispute.
The European Court of First Instance upheld the ruling that Microsoft had abused its dominant market position.
A probe concluded in 2004 that Microsoft was guilty of freezing out rivals in server software and products such as media players