Manpower and Vedior, the world’s second and third-largest staffing firms, are being investigated in France for alleged competition law infringement.
A spokeswoman for Manpower said the US firm was unsure what it was alleged to have done wrong, but was co-operating with French authorities.
Dutch company Vedior said it could not fully comment until investigations were completed
Manpower and Vedior, the world’s second and third-largest staffing firms, are being investigated in France for alleged competition law infringement.
A spokeswoman for Manpower said the US firm was unsure what it was alleged to have done wrong, but was co-operating with French authorities.
Dutch company Vedior said it could not fully comment until investigations were completed
A US government auditor has backed a Pentagon recommendation to withhold payments to controversial US giant Halliburton over its work in Iraq.
Stuart Bowen, who is reviewing US spending in Iraq, says he supports proposals for the army to hold back 15% of monthly payments on future invoices. It follows a dispute over bills which officials say lack proper records
United Kingdom water group AWG is back into profit but still plans to cut jobs after its plan to increase charges next year was thwarted by industry regulator Ofwat.
Huntingdon, England based AWG posted profits of £33.9m for the six months to 30 September against losses of £46
Germany’s largest telecoms company, Deutsche Telekom, was in the dock on Tuesday as investors claimed it misled them during the internet boom.The judge seemed to agree it had valued its properties inappropriately, but rejected some other parts of the case.
The telecoms giant faces lawsuits from 2,100 shareholders who are demanding a total of 100m euros (£70m; $130m) in damages
A disabled dolphin in Japan is able to swim normally and jump again thanks to an artificial tail fin made by a tyre company.
Fuji, 34, had three-quarters of her tail amputated in 2002 after suffering from a mystery disease.
A veterinarian working with Fuji asked a friend at Bridgestone Corp for help
BMW’s UK chief has launched a scathing attack on the four businessmen who own MG Rover, branding them “the unacceptable face of capitalism”.
Managing director Jim O’Donnell said it was “disgusting” that MG Rover’s owners paid themselves fat salaries while losses continued at the company.
The “Phoenix four” were sold MG Rover by German owners BMW back in May 2000 for just £10 (14 euros)
National Australia Bank, the country’s biggest lender, has seen its profits slump following a trading scandal.
Increased competition and rising costs have also taken their toll, producing what boss John Stewart called a “poor and unacceptable result”.
Profit in the six months through 30 September was 1
BAE Systems believes it is not the target of an inquiry by the Serious Fraud Office into false accounting in connection with defence contracts.
In a statement, BAE also said that it may itself have been on the receiving end of illegal activities.
“There is a possibility that BAE Systems may itself have been the victim of a fraud,” the company said
Four former Merrill Lynch employees and an ex-Enron executive have been found guilty of fraudulently inflating the energy firm’s profits.
A jury convicted ex-bankers Daniel Bayly, Robert Furst, William Fuhs and James Brown of fraud and conspiracy.
Ex-Enron finance director Dan Boyle was also found guilty