news


Whistle-blowers face risk
New York: Though company histle-blowers may have gained new protection from being victimised under legislative reforms introduced last year.

However, some experts warn they may have been lulled into a false sense of security. They say whistle-blowers should be wary about how they expose corporate malfeasance.
Back to News Review index page  

Hyundai chairman commits suicide
Seoul: The chairman of Hyundai enmeshed in a payments scandal over a landmark summit between North and South Korea, leapt to his death from a high-rise office building on Monday.

Chung Mong-hun, 54, jumped from the 12th floor of the Hyundai building in Seoul. "I ask you all to forgive me for committing this foolish thing," Mr Mong-hun said in one of the suicide notes found in his office, domestic media said. The notes did not say why he committed suicide. "This foolish person has committed a foolish thing," he wrote.
Back to News Review index page  

US court directs Xerox to pay $300m to retired staff
New York: An illinois appeals court upheld a lower court ruling that office equipment maker Xerox underpaid retirement benefits to former workers and must pay damages of about $300m.
Back to News Review index page  


 search domain-b
  go
 
domain-B : Indian business : News Review : 5 August 2003 : international business