Will GlaxoSmithKline Bribery Accusations Affect the Company’s Bottom Line?
GlaxoSmithKline’s (NYSE:GSK) bribery allegations in China are continuing to grow, with Chinese police accusing the company of using cash and sexual favors to grow its sales in the Chinese market to...
View ArticleChina’s Hitting GlaxoSmithKline Hard Over Bribery Accusations
GlaxoSmithKline (NYSE:GSK) executive Steve Nechelput, the finance director for the company’s Chinese operations, has been barred from traveling outside China as bribery allegations against the company...
View ArticleGlaxoSmithKline Sends Reinforcements to China
GlaxoSmithKline (NYSE:GSK) has reportedly sent some of its executives, including its head of emerging markets, to China to help the company respond to bribery allegations it’s facing in the country....
View ArticleWhat Else Has GlaxoSmithKline Done Wrong in China?
British pharmaceuticals company GlaxoSmithKline (NYSE:GSK) has admitted to, and apologized for, bribery charges against the company’s Chinese sales operations, but a new report from the New York Times...
View ArticleIs IBM Finished with Foreign Bribery Cases?
The original complaint the SEC filed against IBM (NYSE:IBM) in 2011 contained numerous allegations, including bribery overseas and the failure to address these issues internally. Two years later, a...
View ArticleBribery Allegations Against Microsoft Keep Growing
An investigation into Microsoft (NASDAQ:MSFT) by the Securities and Exchange Commission and the U.S. Department of Justice has been expanded to include Microsoft’s operations in Pakistan and Russia in...
View ArticleWal-Mart and Bharti Enterprises Break Up India Joint Venture
It was a move that many saw coming. Wal-Mart Stores (NYSE:WMT) and Bharti Enterprises announced Wednesday that they are officially breaking up their Indian joint venture, leaving the U.S. retail giant...
View ArticleWill GlaxoSmithKline Get Away in China?
Earlier this summer, pharmaceutical giant GlaxoSmithKline (NYSE:GSK) was slammed with accusations of bribery in its Chinese operations. Chinese authorities said Glaxo funneled $489 million in cash...
View ArticleHewlett-Packard Close to Settling Bribery Charges
Hewlett-Packard (NYSE:HPQ) announced on Monday that it’s coming closer to reaching a settlement with regulators over bribery charges that first came to light in 2010. HP made the announcement in its...
View ArticleGlaxoSmithKline Faces Bribery Allegations Yet Again, This Time in Iraq
GlaxoSmithKline plc (NYSE:GSK) is in the midst of investigating claims of bribery by its employees in the Middle East; an unnamed source familiar with Glaxo’s Middle East operations apparently emailed...
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