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Finmeccanica Chief Is Arrested in Bribery Case

Giuseppe Orsi of the the Italian state-controlled defense group Finmeccanica was arrested in an investigation centered on the sale of helicopters to the Indian government.

Wal-Mart India unit suspends CFO, others pending bribery probe

The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment.

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