The former boss of US phone company Qwest Communications, Joseph Nacchio, has been found guilty of 19 counts of insider trading.
A court in Denver ruled that in 2001, Nacchio sold $50m (£25m) of Qwest stock after being told the firm would miss its financial targets.
Nacchio, who was cleared on 23 charges, faces up to 10 years in jail and a fine that could total $19m
Some HSBC customers in a Dorset village will no longer be able to see their bank manager as the branch turns into one of the most exclusive in England.
At its Canford Cliffs branch, the self-titled “world’s local bank” will only allow face-to-face banking for its “premier” customers.
The move, which starts in June, means Canford Cliffs will be the country’s only exclusively “premier” HSBC branch
The UK’s Office of Fair Trading (OFT) has begun a probe into the UK supply of medicines, after changes at the world’s biggest pharmaceutical firm, Pfizer.
Earlier this month, Pfizer began selling its prescription drugs through just one medical wholesaler, Unichem.
This was designed to tackle the rise in fake medicines, but patient groups said it could limit access to vital drugs
Controversial tycoon Takafumi Horie has been found guilty of fraud, following a six-month trial which has gripped corporate Japan.
The former boss of the once high-flying internet firm, Livedoor, was found guilty of falsifying the company’s accounts and misleading investors.
Horie, 34, was sentenced to two years and six months in prison
The boss of Total has been placed under judicial investigation as police step up their probe into alleged corruption involving the French oil firm in Iran.
Christophe de Margerie was interviewed on Wednesday about claims of illegal payments made to secure a natural gas deal with Iran in 1997.
Being put under judicial investigation is the first step to formal charges
British oil giant BP has been heavily criticised by US safety investigators over a refinery disaster that killed 15 workers in 2005.
According to the draft report from the US Chemical Safety Board, the blast was the result of lax safety culture at BP.
The report also said that the agency in charge of spotting safety problems had failed to see warning signs
Shares in Japanese electronics giant Sanyo have sunk 21% on news that watchdogs are probing its accounts.
The Securities and Exchange Surveillance Commission is investigating claims of financial window-dressing at the group.
According to reports, Sanyo is said to have falsified its 2003 report to post a small profit rather than a loss
Samsung Electronics has agreed to pay $90m to settle legal action over microchip price-fixing allegations.
It must also co-operate in suits against other microchip manufacturers.
The South Korean company faced claims customers had been forced to overpay for equipment containing its dynamic random access memory (DRAM) chips
Wal-Mart will face a lawsuit claiming pay discrimination against more than a million female US employees after a court approved the action.
A federal appeals court upheld a 2004 ruling giving the lawsuit class action status, sanctioning claims from up to 1.5 million current and former staff
The chairman of Hyundai Motor Company, one of South Korea’s biggest firms, has been sentenced to three years in jail for embezzlement and breach of trust.
Chung Mong-koo, 68, was accused of amassing a multi-million dollar slush fund for personal use and to pay lobbyists and politicians.
A spokesman for South Korea’s top auto maker said the ruling was disappointing and that an appeal would be filed