Dec 24, 2014

RBS freezes 18 bonuses in forex rigging probe

The Royal Bank of Scotland has withheld the bonuses of 18 staff members under investigation for possible roles in rigging the foreign exchange market, the British lender said Tuesday. More than 50 former and current traders are under investigation in the probe, launched after ...

Hong Kong tycoon, ex-deputy leader found guilty of massive corruption

Dec 19, 2014

Hong Kong tycoon, ex-deputy leader found guilty of massive corruption

Hong Kong property tycoon Thomas Kwok and the government’s former deputy leader, Rafael Hui, were found guilty of corruption Friday in a blockbuster trial that shocked a city known for clean governance. Kwok’s billionaire brother Raymond was cleared after a seven-month trial over payments ...

Dec 18, 2014

British pedophile victim picked for Vatican abuse watchdog

Pope Francis has appointed eight new members from five continents to the Vatican’s child protection body, including a British victim of pedophile priests, the Holy See said Wednesday. The commission of experts, which is tasked with advising Francis on how to deal with a ...

Russia facing allegations of systematic sports doping

Dec 4, 2014

Russia facing allegations of systematic sports doping

Russia faced explosive allegations of corruption and systematic doping on Wednesday, including the reported admission of drug use by an Olympic champion runner and coverup and extortion involving a three-time Chicago Marathon winner. Both German television channel ARD and French sports daily L’Equipe reported ...

Nov 6, 2014

McDonald's suffers ¥7 billion loss over meat scandal

McDonald’s Holdings Co. (Japan) on Thursday reported a group net loss of ¥7.54 billion for the January-September period as sales slumped in the wake of the food safety scandal involving a China-based meat supplier. That compared with a profit of ¥6.39 billion a year ...

Nov 3, 2014

Man apologizes for dead whale surfing stunt

An Australian man who climbed onto a dead whale as it floated offshore apologized on Monday for his “idiot” act. The man dived off a boat and climbed onto the humpback’s carcass as sharks circled and fed on it, south of Perth, western Australia, ...