A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the US banking system to accounts around the world. More than a dozen banks are named in the U.S. Department of Justice's indictment of nine officials at FIFA, the game's powerful governing body, and five sports media and promotion executives, over charges involving more than $150 million in ... Rediff.com, 1 day ago
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S.Africa probes global banks over forex fixing ModernGhana (Today) - Johannesburg (AFP) - South Africa's competition watchdog said Tuesday it had opened an investigation into foreign currency price fixing by several international banks, including ...NigerianHerald.com, 1 week ago DPSI student to represent Africa in 2015 world Spelling Bee Competition NigerianHerald.com, 1 week ago
'The system for business is becoming much more dynamic'. 'The market has rebounded and stock prices have moved up substantially over the year'. 'Excluding e-commerce, we think growth will be fairly well balanced and distributed across sectors'. The markets have not had it easy in the past few days. If the early signs are anything to go by, the earnings season isn’t expected to be good either. However, this might well be a passing phase. While a few experts believe the Modi government has ...Rediff.com, 1 month ago
Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare? Image: Satya Nadella with Bill Gates. Photograph, courtesy: Microsoft Rs 525 crore a year! Yes, that’s the whopping salary Satya Nadella bags as CEO of Microsoft. Satya Nadella has topped the Equilar 100 CEO Pay Study, an analysis of CEO salaries at the 100 largest public US companies in terms of revenue. Last year, Oracle's Larry Ellison was at the helm of the list. As ...Rediff.com, 1 month ago
Image: Image: Jack Ma Founder and executive chairman, Alibaba group with Prime Minister Narendra Modi in New Delhi on March 30, 2015. Photograph, courtesy: PIB In a clear sign of his interest in India's e-commerce sector, Jack Ma, founder and executive chairman of China's Alibaba Group, is likely to visit India again at the end of April, his third trip to the country in about six months. On Monday, Ma met Prime Minister Narendra Modi during a short trip to ...Rediff.com, 1 month ago
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