China targets Germany's Bayer in drug price probe

Chinese authorities have visited an office of German pharmaceutical giant Bayer, the company said Friday, making it the latest target in a probe of foreign drug firms over high prices.

China state media raises pressure on Britain's GSK

Chinese state media increased the pressure on British pharmaceutical giant GlaxoSmithKline (GSK) over a bribery investigation Tuesday, accusing the firm of being responsible rather than individual employees.

China shuts travel agency in GSK bribery case

China has shut down a travel agency which served as a conduit for bribes allegedly given by staff of British drug firm GlaxoSmithKline (GSK), the government and state media said.

Foxconn faces another strike in China: rights group

Over 1,000 workers went on strike over working conditions at a plant linked to Foxconn, a rights group said Saturday, in the latest controversy to hit the Taiwanese technology giant.

Chinese police probe kickbacks by Foxconn managers

(AP)—Hon Hai Precision, a leading maker of iPhones and other high-tech gadgets, has said it is working with Chinese police probing allegations that its employees solicited kickbacks from suppliers.

Indian land program shows tech's limits

(AP)—For years, Karnataka's land records were a quagmire of disputed, forged documents maintained by thousands of tyrannical bureaucrats who demanded bribes to do their jobs. In 2002, hopes emerged that this was about to ...

HP employees indicted in German graft probe

Current and former Hewlett Packard employees have been indicted in Germany as part of a nearly three-year probe into bribes paid for a multimillion-euro Russian contract, the US firm said.

China's Alibaba says zero tolerance on graft

Top Chinese e-commerce operator Alibaba said Friday it would not tolerate corruption, after a senior manager was detained on suspicion of taking bribes in the latest graft scandal to hit the company.

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Bribery

Bribery, a form of corruption, is an act implying money or gift giving that alters the behavior of the recipient. Bribery constitutes a crime and is defined by Black's Law Dictionary as the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in charge of a public or legal duty.

The bribe is the gift bestowed to influence the recipient's conduct. It may be any money, good, right in action, property, preferment, privilege, emolument, object of value, advantage, or merely a promise or undertaking to induce or influence the action, vote, or influence of a person in an official or public capacity.

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