Deutsche Welle writes reported that German steel casting giant ThyssenKrupp is suspected of a major bribery in Kazakhstan, as well as in Uzbekistan and China. Prosecutors of Essen, where the company’s head office is located, have ...
Tags: Thyssenkrupp, Bribery, Kazakhstan, Metallurgy
Foxconn will instantly fire any employee found to have been responsible for the breaching laws China based contract electronics maker Foxconn has admitted to have employed 14 to 16 year old student interns its Chinese facility. Foxconn ...
Tags: Foxconn, internal investigation, China's labour law, Foxconn policy
Nasdaq has handed US snack maker Diamond Foods more time to become up-to-date with its financial reporting. The US stock exchange warned in June Diamond could be delisted for missing the deadline to file already-delayed accounts. ...
A former boss of Kettle Chips maker, Diamond Foods has pledged to repay two years’ bonuses and resigned his position after a financial scandal engulfed the business earlier this year. Michael Mendes, former chief executive of ...
Tags: Bonus payments, Kettle Chips, Diamond Foods
Hewlett-Packard is taking an $8.8 billion charge as a result of what it called serious accounting improprieties that occurred at U.K. software company Autonomy before it acquired the firm in 2011. Taking the charge into account, HP ...
Tags: HP, software, enterprise search engine, PC
Glass container maker Owens-Illinois Group Inc. OI -1.86%said Thursday it was investigating potential violations of a U. S. Law barring bribery overseas. Owens-Illinois disclosed it in its quarterly report with the Securities and Exchange ...
Tags: market view, glass
Delta Apparel Inc.reported that it achieved record revenue for its fiscal 2013 first quarter ended September 30,2012. Net sales for the fiscal 2013 first quarter were$130.1 million,a 5.3 percent increase over 2012 first quarter sales ...
Tags: Delta Apparel, record revenue, fiscal 2013 first quarter, sales, brand
IDG News Service - Electronics manufacturer Foxconn Technology Group said on Tuesday that students as young as 14, below the legal working age, were found employed at a company factory in China that has been said to make products for ...
Tags: Foxconn, Underage, Electronics manufacturer