The chairman of German industrial giant Siemens, who is embroiled in a major corruption scandal, has finally decided to resign. Heinrich von Pierer has announced that he will step down next week after a board meeting. Siemens is currently...

The US Supreme Court in its significant verdict ruled that Wall Street firms, 10 leading investment banks, accused of rigging hundreds of initial public offerings during the tech boom cannot be sued on antitrust grounds. The decision...

The career of one of the titans of British corporate industry came to an abrupt end when Lord Browne resigned as chief executive of BP after lying to a court about his relationship with another man named Jeff Chevalier. Following crisis talks...

The beleaguered chief of engineering group Siemens, Klaus Kleinfeld, has said that he will stand down later this year. Kleinfeld, who is under pressure because of corruption claims surrounding the firm, said he would not renew his contract with...