The incidence of corporate fraud, particularly financial statement fraud, is rising in India, largely due to pressure to meet earnings targets and weak internal control systems, a survey by consultancy KPMG showed. More than 60 percent of respondents said meeting …
Bayer CropScience has agreed to pay a $143,000 fine to resolve safety citations stemming from a fatal explosion at its Institute, West Virginia plant in 2008. Bayer said that the citations are principally related to the plant’s methomyl unit where …
The European Union cannot make more concessions on farm trade to restart stalled world trade talks and the United States must make the first move, the EU’s new trade chief said on Monday. The ball was not in the EU’s …
Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin. The U.S. and European …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of General Insurance Corporation of India (GIC), both with stable outlooks. The ratings reflect GIC’s “strong capitalization, stable expense ratio and established …
China told the United States on Wednesday to make stronger commitments on climate change and provide environmental expertise and financing to developing nations. China’s top climate change negotiator, Xie Zhenhua, acknowledged the current U.S. administration’s greater stress on greenhouse gas …
The top U.S. trade official expressed doubt Tuesday that negotiators could reach a deal this year in long-running world trade talks despite a goal set by President Barack Obama and other leaders. But in remarks at the National Press Club, …
China and India joined almost all other major greenhouse gas emitters on Tuesday in signing up to the climate accord struck in Copenhagen, boosting a deal strongly favored by the United States. More than 100 nations have now endorsed the …
The world has become far too hot for the aptly named Exit Glacier in Alaska. Like many low-altitude glaciers, it’s steadily melting, shrinking two miles (3 kilometers) over the past 200 years as it tries to strike a new balance …
The deadly El Nino weather anomaly should dissipate by early summer in the northern hemisphere, but there is a chance a weak version will linger for the rest of 2010, according to a U.S. government report issued Thursday. The federal …
