GE Capital Bank, which is behind many High Street store cards, has been fined £610,000 ($1.2m) for payment protection insurance (PPI) sales breaches.
The Financial Services Authority (FSA) said the General Electric UK subsidiary failed to adequately control insurance sales and to treat customers fairly
Secret emails reveal that the UK’s biggest drug company distorted trial results of an anti-depressant, covering up a link with suicide in teenagers.
Panorama reveals that GlaxoSmithKline (GSK) attempted to show that Seroxat worked for depressed children despite failed clinical trials.
And that GSK-employed ghostwriters influenced ‘independent’ academics
Peter Hartz, the official at the centre of a bribery scandal surrounding car giant Volkswagen, has been given a two year-suspended prison sentence.
Hartz, a guiding hand behind former German Chancellor Gerhard Schroeder’s labour reforms, was fined 560,000 euros ($726,000; £369,000).
The former head of personnel at Europe’s biggest carmaker escaped jail after cutting a deal with prosecutors
Volkswagen’s former personnel chief Peter Hartz has admitted making illegal payments to union officials.
The confession, made through his lawyers, came at the start of his corruption trial in Germany.
A one-time advisor to former Chancellor Gerhard Schroeder, Mr Hartz faces 44 charges of breach of trust
Australia’s wheat exporter AWB has been suspended from US government contracts and faces permanent exclusion, for paying bribes to Iraq’s former regime.
The step was taken “based on evidence of illicit activities”, said US Agriculture Secretary Mike Johanns.
Last month, a judicial inquiry found AWB broke UN oil-for-food programme rules by paying Saddam Hussein $222m (£112m) to secure contracts
Mobile phone giant Vodafone has been fined 76m euros ($100m; £51m) by a Greek privacy watchdog.
The Greek agency responsible for privacy said Vodafone had failed to protect its network from hackers who monitored 106 mobile accounts.
The accounts targeted included those of Greek Prime Minister Costas Karamanlis as well as senior military officers and journalists
The ex-chief financial officer at US Foodservice, a unit of Dutch retailer Ahold, has been given three years’ probation over an accounting fraud.
Michael Resnick had pleaded guilty in September to one count of conspiracy.
The case stemmed from an inquiry into Ahold’s 2003 admission that earnings at the US business had been overstated by more than $800m (£493m)
Hewlett-Packard (HP) has agreed to pay $14.5m (£7.4m) to settle a civil lawsuit over its much-criticised investigation into a boardroom leak
Australia’s wheat exporter AWB is to temporarily lose its monopoly over wheat exports, after a report into bribes paid to Iraq’s former regime.
A judicial inquiry found AWB broke United Nations oil-for-food programme rules by paying Saddam Hussein $222m (£112m) to secure contracts.
The government said AWB would lose its power to veto exports for six months
Dutch bank ABN Amro has paid out $4.5m (£2.2m) to try to settle a dispute with the Vietnamese authorities that have detained four of its staff