One year after being hit by a $2-billion scam, India’s Punjab National Bank (PNB) is set to return to annual profits and strong loan growth in fiscal 2020 even as investigations continue into the country’s biggest banking fraud.
The bosses of the UK’s biggest companies are facing renewed scrutiny over excessive pay deals, after new figures showed top executives earned the average worker’s annual salary within the first three working days of 2019.
Sony Corp. lifted its annual operating profit outlook by 30 percent to a record level after a strong second-quarter, bolstered by popular game titles as well as growing demand for its online gaming services.
Election officials in Honduras rejected the opposition's appeal demanding the annulment of President Juan Orlando Hernandez's re-election, which was lodged over voter fraud allegations in the bitterly disputed poll.
Kenya’s chief prosecutor directed the department of criminal investigations and the anti-corruption commission to investigate election board officials over possible offences in the invalidated August 8 presidential vote, he said in a letter.
Britain will have to pay off obligations to Brussels for years after Brexit, remain subject to European Union courts and continue to let relatives of European immigrants settle in the UK, according to draft EU negotiating documents.