U.S. technology companies will likely bear the brunt of soured ties between Beijing and Washington over internet security, after the U.S. Department of Justice charged five Chinese military officers with cyber espionage.
Officials of Indian PSUs like BHEL and NTPC appear to be the beneficiaries of bribes that were doled out by a California-based valve company to bag lucrative contracts, mostly for tools used in the construction of power plants.
Most US companies are not planning
to reverse the pay cuts made in executive salaries during the
economic crisis in the next six months despite the improving
economic climate, a survey by HR consultancy Watson Wyatt
Billions of dollars of taxpayers` money may have bolstered Wall Street giants in fighting the financial turmoil but stocks of many such entities like Citigroup have plunged 75 percent in just one year.