The allegations concern contract payments Schlumberger made several years ago to a consulting firm, Zonic Invest, which has ties to Yemen’s government.
Continue reading Schlumberger Faces Federal Bribery Probe
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There’s a new plot twist in the takeover battle between French pharmaceutical giant Sanofi-Aventis and U.S. drugmaker Genzyme. A regulatory filing made by Genzyme on Thursday claims Sanofi may be willing to go much higher than …
Movie studio Metro-Goldwyn-Mayer, home of movie franchises such as James Bond and The Pink Panther, proposed a bankruptcy plan that would reduce its debt by $4 billion and put the founders of Spyglass Entertainment in charge of the legendary studio.
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The role of BP lawyers in the company’s report on the explosion in the Gulf of Mexico is casting doubts on the impartiality of the study.
Continue reading How Impartial Is BP’s Report on Gulf of Mexico Explosio…
Luxury carmakers BMW and Mercedes-Benz forecast vigorous fourth quarter sales on growing demand from China.
BMW said it expects a “double-digit” percentage rise in fourth quarter deliveries, Bloomberg News said. Mercedes said it was “very confident” about continuing growth in the final three months of 2010.
“We expect sales to increase particularly rapidly in Asia, especially in…
Continue reading Luxury Carmakers Predict Strong Fourth Quarter
Luxury Carmakers Predict Strong Fourth Quarter originally appeared on DailyFinance on Fri, 08 Oct 2010 07:15:00.
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