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From fighting poverty to cutting corporate taxes, some of China's most prominent businessmen brought their best ideas to one of the nation's most important political gatherings. The annual meetings of China's legislature and political advisory body provided executives from companies including Tencent
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Cronyism was by far the most common form of corruption witnessed, accounting for almost two-thirds of all responses, followed by nepotism (26 per cent), and 'green-lighting' (21 per cent), a term for decisions that improperly favour a person or company, or disadvantage another,” the CPSU stated.
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Noble Group Ltd. is racing against time to garner enough votes for a debt restructuring plan after its decision not to pay a $379 million bond due Tuesday sets it on course for its first note default. The failed payment is set to prompt an “event of default” under the terms of its bond documents. The company
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Citigroup Inc. wants to achieve parity between male and female managing directors at its markets business in Asia within three to five years, joining banks worldwide in stepping up efforts to close a longstanding gender gap. The New York-based bank has a long way to go. Though women make up
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