UK firm faces bribery charges
(BBC): UK defence giant BAE Systems faces corruption charges after the Serious Fraud Office said it would ask the Attorney General to prosecute the firm. The SFO has been in negotiations with BAE but the sides could not agree what the firm would admit or the fine due. The case refers to allegations BAE paid bribes to win contracts from several nations in Africa and Eastern Europe. BAE said it was still trying to resolve the case, but would deal with matters in court "if necessary".
Category: Business
