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How MTN allegedly bribed its way into Iran

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For a South African telecommunications company, it represented a unique chance to seize what its chief executive called "one of the most significant 'virgin' mobile opportunities in the world."

S.Africa police probe MTN Iran graft allegations

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South Africa's elite Hawks police unit has opened an investigation into allegations of corruption at mobile phone giant MTN relating to its purchase of a mobile licence in Iran, a police spokesman said.

MTN says working with US on Iran sanctions compliance

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African mobile operator MTN said on Tuesday it is working with U.S. authorities to manage compliance with sanctions against Iran, one of its biggest markets.

Kodak files for bankruptcy, secures lifeline

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Eastman Kodak Co, which invented the handheld camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for what remains one of America's best-known companies.

Saudi prince buys $300 mn stake in Twitter

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Saudi billionaire Prince Walid bin Talal and his Kingdom Holding Company announced a combined investment of $300 million in the social networking site Twitter, in a statement Monday.