The official mouthpiece of the China Communist Party has made allegations in its Weibo microblog that the domestic unit of GlaxoSmithKline Plc has failed to pay import duties and taxes of its HIV treatment.
According to lawyers for Kommunale Wasserwerke Leipzig GmbH, its consultants on its derivatives deal were close with former UBS AG employee Steven Bracy, who at one point hired strippers for them while the utility company was in the midst of its swap deals negotiations with the Swiss bank.
Former Societe Generale trader Jerome Kerviel has turned himself to French police before the midnight deadline set after he conducted a 1,400-kilometer walk from Rome to Paris in protest of the "tyranny" of financial systems, Bloomberg reported.
Sympathizers of fast food workers in the US are relying on the noise made by coordinated strikes across the country on Thursday to revive talks of increasing the minimum wage to $15 an hour, Yahoo News reported.
