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Compass internal probe finds corruption

Catering group Compass says an internal probe has found serious irregularities regarding work awarded to its Eurest Support Services unit by the UN.

It found “issues in relation to the behaviour of a few individuals” at the service, but did not believe they extended beyond the individuals.

Compass, which has fired some Eurest employees, is under investigation by US authorities over the contracts

Google censors itself for China

Leading internet search company Google has agreed to censor some of its services in China in order to satisfy Beijing’s restrictions on free speech.

Google hopes the new web address for China will boost its access to one of the world’s largest internet markets.

The company says the decision to censor content was hard, but says it has more influence if it is present in China

FSA fines insurer over endowments

Insurer Guardian Assurance and its associated company Guardian Linked Life have been fined $1 million (£750,000) for mishandling endowment complaints.

It is the fourth time that the Financial Services Authority (FSA) has fined an insurance company for not dealing with complaints properly.

The FSA said Guardian’s complaints procedure had “serious systemic flaws”

Wal-Mart must pay workers $172m

The world’s largest retailer, Wal-Mart, has been ordered to pay $172m (£99m) in compensation to workers who were refused lunch breaks.

A California court found Wal-Mart broke a state law requiring employers to give staff an unpaid 30-minute lunch break if they worked more than six hours.

More than 100,000 Wal-Mart employees in California will be eligible for compensation

Microsoft may face daily EU fine

The European Commission has threatened to fine Microsoft up to 2m euros (£1.36m; $2.4m) a day until it gives rivals more access to its systems

Retrial for Mannesmann bonus case

A German court has ordered the retrial of Deutsche Bank chief executive Josef Ackermann and five other ex-members of engineering giant Mannesmann’s board.

An original trial last year cleared the six over their roles in approving bonuses relating to Vodafone’s acquisition of Mannesmann in 2000.

They were accused of paying executives bonuses worth around 60m euros ($71m)

Alaska authorities sue oil giants

Oil firms ExxonMobil and BP are being sued by local authorities in Alaska who accuse them of holding back gas.

The authorities want to build a gas pipeline to rival one proposed by the firms, who they say have hampered their attempts at getting a deal.

BP and ExxonMobil want a pipeline to take gas from Alaska to mainland US, where prices are near record levels

Pressure mounts on Fazio to quit

Pressure is mounting on embattled Bank of Italy governor Antonio Fazio to quit over a bank merger scandal.

Mr Fazio has so far ignored widespread calls for his resignation, but Italy’s economy minister has now threatened to oust him.

The news came as it emerged that Mr Fazio is now being investigated for alleged insider trading

eBay not doing enough on fraud

EBay is under fire from law enforcement officials and manufacturers over levels of crime on the site and the levels of cooperation they receive.

Trading standards officers who regularly investigate crimes perpetrated on the site have accused eBay of being “obstructive” in the way it shares information. North Yorkshire Trading Standards says eBay can take up to two months to provide the names and addresses of suspects it is pursuing

Sony sued over controversial CDs

Sony BMG’s woes in the US over its much-criticised anti-piracy CD software have deepened.

It is facing two separate lawsuits in Texas and California.

The Texan lawsuit accuses Sony of installing spyware and is seeking damages of up to $100,000 in damages for each violation