US officials said Friday they plan to confiscate $144 million in corruption-tainted assets of Nigerian oil executives found in the United States including an $80 million yacht the “Galactica Star.” The yacht and a $50 million condominium overlooking New York’s famed Central Park were among the riches tied to dirty contracts awarded by Nigeria’s former … Read more
US farm equipment giant John Deere has dropped plans to acquire a unit of Monsanto amid concerns the merger would be challenged by regulators. Deere & Company had announced in November 2015 its plan to purchase Precision Planting LLC, a company owned by Climate Corporation, a subsidiary of Monsanto. But competition authorities filed a complaint … Read more
A US diplomat who allegedly took tens of thousands of dollars in cash and gifts from Chinese intelligence agents was charged Wednesday with lying to investigators over those contacts. The Department of Justice said Candace Marie Claiborne, 60, knew that the two Chinese men she had regular contact with while working for the US State … Read more