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Multi-million dollar ‘American tax scandal’ unearthed in India

  NEW DELHI / AP Indian police arrested 70 people and are questioning hundreds more after uncovering a massive scam to cheat thousands of Americans out of millions of dollars by posing as US tax authorities and demanding unpaid taxes, a police officer said on Thursday. According to police in Mumbai, the yearlong scam involved running fake call centers which ...

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Iran, Vietnam pledge $2bn trade boost

  Hanoi / AFP Vietnam and Iran pledged on Thursday to boost future trade to $2 billion, as Tehran seeks to jump-start its sputtering economy after crippling international sanctions were lifted this year. Iran’s moderate President Hassan Rouhani, in Vietnam on a three-country swing through Southeast Asia, has come under fire from conservative critics who say the nuclear deal signed ...

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Japan’s IT giant Fujitsu eyes PC merger with China’s Lenovo

  Tokyo / AFP Shares in Japanese IT giant Fujitsu soared on Thursday on news it is considering merging its struggling personal computer division with China’s Lenovo, the world’s biggest PC maker. A deal would mark the latest move by a Japanese firm to hive off struggling divisions to repair their finances, with Toshiba and Sony among a string of ...

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