Andre Esteves, one of Brazil's richest businessmen and a top senator has been arrested as part of the sweeping corruption probe into state oil giant Petrobras. Mr Esteves is Brazil's 13th richest man, worth an estimated $2.5bn . More than 100 people have now been arrested in the two-year investigation, including politicians, former top executives at Petrobras, and some of the country's biggest construction firms. We find out the implications this will have on Brazil, as the

The Singapore-based CEO of a Fortune 500 company recently told us: "My team is smart andworks hard to get good outcomes. But time and again we don't get the results we expect from regional programs." ACG data based on >200 corporate change programs in APAC shows that 80% fall short of their objectives, for 4 main reasons (see graphic - click to download). The factor common to all 4? A failure to understand the impact of culture on communication, solution design, and change ma

Both the British and US governments are now saying there's a strong possibility a bomb brought down the Russian airliner over the Sinai desert on Saturday. The UK has suspended all flights from Sharm el-Sheikh, the Egyptian Red Sea resort where the flight originated, until it has checked out airport security. We ask Angus Blair of Cairo-based business research group Signet how bad this is going to be for Egypt's economy. In just a few weeks' time, world leaders gather in Pari