Indian general election results will be announced May 16 and are likely to have far-reaching implications for the course of the Indian economy. Why pay attention to the elections in India, the largest vote mounted in human history?… Continue Reading
The Securities and Exchange Commission asked Quanta Services Inc. to preserve documents tied to its Foreign Corrupt Practices Act compliance program, the company said in a securities filing Thursday.
Houston-based Quanta Services provides engineering, procurement and construction services for infrastructure.… Continue Reading
Freedom House said in its latest report that 54 countries showed overall declines in political rights and civil liberties, compared with 40 that showed gains.
“For the eighth consecutive year, Freedom in the World recorded more declines in democracy worldwide than gains,” Freedom House said.… Continue Reading
Yang Semao, deputy chief of Wukan Village, Guangdong province, was detained for allegedly taking bribes from public projects in the village. Yang admitted via his microblog Weibo account that he took bribes of $3,263 but donated them to a local school.… Continue Reading
The former CEO of PetroTiger Ltd. — a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey — was indicted Friday for bribing an official at Ecopetrol SA, Colombia’s state-controlled oil company, and defrauding PetroTiger by taking kickbacks.… Continue Reading