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Updated: 29 min 30 sec ago

Indigenous Protestors Against Guatemala Energy Company Targeted

Sat, 2012-11-10 09:00
Six demonstrators were killed and dozens injured when the Guatemalan military fired into a group of indigenous Maya-K'iche' gathered on the Inter-American highway to protest rising electricity charges from Energuate, a major national power company owned by a private equity firm created by the UK government.

Agribusiness Buys California Votes

Tue, 2012-11-06 09:00
Big corporations bankrolled candidates for the 2012 elections in both the Democratic and Republican parties and bought their votes lock, stock and barrel, contributing over $2 billion out of the $6 billion spent this year. The biggest impact was on a California battle to require labeling of genetically altered products.

U.S. Sues Bank of America for $1 Billion in Bad Mortgages

Mon, 2012-10-29 08:00
Federal prosecutors are suing Bank of America for selling fraudulent loans to Fannie Mae and Freddie Mac, two government-sponsored mortgage finance companies. The government alleged that the multinational sold over $1 billion in bad mortgages that led to numerous foreclosures.

Starbucks: Espresso for Investors, Watery Americano in UK Taxes

Fri, 2012-10-26 09:00
Starbucks, the Seattle-based international coffee chain, has been accused of tax avoidance in the UK. Between 1998 and 2011 the company has made

UK Pathology Labs Suffer In Quality Under Serco Management

Wed, 2012-10-24 09:00
Privatization of major medical laboratories from the National Hospital Service (NHS) in Britain has led to a dramatic decline in service quality, according to a

Taiwanese Display Manufacturer Fined $500 Million for Price-Fixing

Mon, 2012-10-22 09:00
Taiwanese company AU Optronics and its U.S. subsidiary were fined $500 million by a U.S. judge for conspiring to artificially inflate the prices of liquid crystal display (LCD) screens in a verdict handed down last month. Two former AU Optronics executives were also given three-year prison sentences.

Damming the Ng

Mon, 2012-10-15 09:00
Well over a year after AES Corporation, a U.S. based power company headquartered in Arlington, Virginia, inundated the lands of the Ng

Seven Irish Banks Investigated for Insurance Scam

Mon, 2012-10-08 09:00
Seven Irish banks are being investigated by the Central Bank of Ireland for selling consumers insurance policies that they did not need. Tens of thousands of Irish consumers could get as much as

BP Wants To Blame Workers For Deepwater Horizon Spill, Says U.S.

Thu, 2012-09-27 09:00
BP, the British oil company, is attempting to blame "blue collar workers" for the Deepwater Horizon spill in 2010, alleges the U.S. government. Federal lawyers say the company is trying to divert attention from management failures of "gross negligence."

Mongolian Nomadic Herders Worry About Impact of Rio Tinto's Gold Mine

Mon, 2012-09-24 09:00
Mongolian livestock herders are worried that a series of massive gold and copper mining projects spearheaded by UK-based Rio Tinto will dry up scarce water reserves and exacerbate desertification in the delicate Gobi Desert when operations begin next year to tap one of the world

Private Prison for Asylum Seekers on Pacific Island

Mon, 2012-09-17 09:00
Transfield Services, an Australian logistics company that provides services to the mining and oil industry among others, has won a $25.9 million contract from the government of Australia to run a detention center for asylum seekers in the Pacific island nation of Nauru.

Stanford Organics Study A

Thu, 2012-09-13 09:00
A new study, issued by scientists at the Freeman Spogli institute at Stanford university in California, that suggests that organic food has no medical or health values is deeply flawed, say outraged activists.

Cambodian Activists Call for International Sugar Boycott

Tue, 2012-09-11 09:00
Human rights monitoring groups and Cambodian activists are calling for an international boycott of Tate & Lyle and Domino Sugar, who do business with sugar suppliers accused of participating in government-sanctioned land grabs and illegal evictions throughout rural Cambodia.

Cameroon Palm Oil Plantation Withdraws Sustainability Application

Thu, 2012-09-06 09:00
A subsidiary of Herakles Capital, a New York based investment firm, has decided to cancel its application to join the Roundtable on Sustainable Palm Oil (RSPO) after environmental groups alleged that its 73,086 hectare project in southwestern Cameroon would threaten the sustainability of the local community.

EUROPE: Spain Sets Up 'Bad Bank' to Buy Toxic Real Estate

Fri, 2012-08-31 09:00
Spain will inject emergency capital into the country's biggest ailing bank, Bankia, as it puts into place reforms to allow loss-making banks to receive eurozone bailout money.

Big Tobacco Battles Advertising Restrictions

Thu, 2012-08-30 09:00
Big Tobacco is fighting a multi-pronged battle to defeat a global wave of laws to force them to use graphic warning labels and plain packaging. It has won a major legal battle in the U.S. this month but it has lost in Australia.

Payments to Saudi Generals Investigated in UK Military Contract Bribery Case

Wed, 2012-08-29 09:00
A contract between a British subsidiary of European Aeronautic Defence and Space Company and Sangcom, the communications arm of the Saudi National Guard, is being investigated after Ian Foxley, a former project manager, blew the whistle.

Gazprom Arctic Oil Rig Blockaded By Greenpeace

Tue, 2012-08-28 09:00
Sailors working for Gazprom, the Russian oil giant, used water cannons to remove Greenpeace activists who were protesting their plans to drill in the Arctic. The environmental group took action to signal the potential for a catastrophic environmental disaster as well as the impact on climate change.

Grupo San Jose Linked to Bulldozing of Land of Paraguayan Uncontacted Tribe

Mon, 2012-08-27 09:00
Grupo San Jose, a Spanish construction company, has been linked to the bulldozing the forest home of the Ayoreo, one of the last uncontacted tribes outside the Amazon. The indigenous community lives in the Chaco forests, a semi-arid zone in northern Paraguay.

Obama Administration Backs Shell in Supreme Court Case

Fri, 2012-08-24 09:00
The Obama administration is backing Shell Oil after abruptly changing sides in a landmark U.S. Supreme Court case that could make it even more difficult for survivors of human rights abuses overseas to sue multinational corporations in federal courts. The case will be heard on October 1.

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