10 Most Corrupt Countries

Fed up with the corruption in India? Well, be glad you don't live in the most corrupt countries in the world. Here's a list

10 Most Corrupt Countries


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  • Europe woes and U.S. rate hike prospects depress stocks, boost dollar
    Europe woes and U.S. rate hike prospects depress stocks, boost dollar

    Asian stocks sagged and the dollar stood tall on Wednesday on growing prospects the Federal Reserve was on track to raise interest rates later this year and concerns that financial woes could engulf Spain in addition to Greece. The Dow and S&P both lost 1 percent on Tuesday on Greek debt concerns and after upbeat U.S. economic data added fuel to expectations that the Fed will raise rates sooner rather than later. Higher interest rates for the world's largest economy could lessen the allure of …

  • Oil recovers from drop of over 2 pct, U.S. crude stocks in focus

    Crude futures rose on Wednesday to recover ground from sharp drops in the previous session, boosted by expectations that U.S. crude stocks could fall for a fourth straight week. Prices were also supported by comments from western diplomats that a nuclear deal with Iran was unlikely by a June 30 deadline and that the oil producer would not get sanctions relief before the end of the year in the best of cases. July Brent crude had risen 14 cents to $63.86 a barrel by 0228 GMT, while U.S. crude …

  • Takata faces questions over air bag fix as recalls expand

    Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp (7312.T) are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said. Replacement inflators that are currently being installed could eventually need to be replaced if it turns out that the real problem was not addressed before Takata began making parts to fix about …

  • Gold holds near two-week low after worst day since April
    Gold holds near two-week low after worst day since April

    Gold held near a two-week trough early on Wednesday after sliding almost 2 percent in the previous session as strong U.S. data suggested the Federal Reserve may be on course to raise interest rates this year. Spot gold (XAU=) was little changed at $1,188.20 an ounce by 0040 GMT. The strong U.S. data were in line with Federal Reserve Chair Janet Yellen's upbeat comments last week that indicated the U.S. central bank is poised to raise interest rates later this year. …

  • GE in talks with Element Financial on fleet assets sale - Bloomberg

    While a deal has not yet been reached, GE hopes to draw up terms of a sale by the end of the quarter, Bloomberg reported. GE expects to unload about $100 billion in GE Capital assets this year, up from its previous target of $90 billion, according to a presentation for investors, released last week. …

  • Charter's Time Warner Cable bid faces $2 billion regulatory question

    Time Warner Cable (TWC.N), entering into talks to be acquired by Charter Communications Inc (CHTR.O) just a month after regulators killed a proposed takeover by Comcast Corp's (CMCSA.O), was determined not to get burned a second time. It won such an insurance policy on Tuesday, when Charter included as part of its $56 billion takeover agreement a pledge to pay Time Warner Cable a $2 billion breakup fee if the deal goes south. Comcast, by contrast, had made no such pledge and was able to walk …

  • Charter's $56 billion Time Warner Cable deal to face U.S. scrutiny
    Charter's $56 billion Time Warner Cable deal to face U.S. scrutiny

    NEW YORK/WASHINGTON (Reuters) - Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc (TWC.N) for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp's (CMCSA.O) earlier bid for Time Warner Cable. The combined company would control a big swath of the cable and Internet markets, marking a huge step towards industry consolidation, long advocated by cable pioneer John Malone, Charter's …

  • Canada to test India feed corn imports due to mould concerns

    The Canadian Food Inspection Agency (CFIA) said on Tuesday it has started to detain imports from India of corn for feeding livestock to allow for testing of aflatoxins. The move is intended to prevent contamination of livestock feed after high levels of aflatoxin were detected in organic feed corn from India, the CFIA said. India was the sixth-largest corn exporter in the world in 2013/14, according to the U.S. Department of Agriculture. …

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