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China charges former senior energy executive with graft

2015-03-23 11:39:05| Oil & Gas - Topix.net

Chinese prosecutors on Monday charged a former senior energy executive with bribery, abuse of power and other corrupt practices, the latest official to face court in a sweeping crackdown on corruption. Wang Yongchun was a deputy general manager of China's biggest oil company, China National Petroleum Corporation, the parent of PetroChina, until he became caught up in a graft probe last year.

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Mobile firms agree theft charges cap

2015-03-22 03:54:32| BBC News | Business | UK Edition

Mobile phone-users will be protected from massive bills when their devices are stolen under new measures.

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BMW Settles U.S. Warranty Charges

2015-03-19 17:41:02| Automakers - Topix.net

The North American division of Bayerische Motoren Werke AG agreed to settle accusations that its Mini division misled consumers about their warranties, the Federal Trade Commission said Thursday. The U.S. agency had accused BMW of telling consumers that BMW would void their warranties unless they used Mini parts and dealers for maintenance and repairs.

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China indicts former oil boss on corruption charges

2015-03-19 11:56:22| Energy - Topix.net

The former chairman of the stated-owned parent of PetroChina Ltd., Asia's biggest oil producer, was indicted Thursday in a spreading anti-corruption crackdown. Jiang Jiemin was charged with abusing his position at China National Petroleum Corp. and taking bribes, which led to large losses of public money, the national prosecutor's office said in a statement.

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China indicts former oil boss on corruption charges

2015-03-19 11:23:42| Oil & Gas - Topix.net

The former chairman of the stated-owned parent of PetroChina Ltd., Asia's biggest oil producer, was indicted Thursday in a spreading anti-corruption crackdown. Jiang Jiemin was charged with abusing his position at China National Petroleum Corp. and taking bribes, which led to large losses of public money, the national prosecutor's office said in a statement.

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