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Cancer patients in India have reason to be relieved at a high court ruling this week which dismissed a petition by Swiss pharmaceuticals multinational corporation (MNC) Novartis challenging an Indian law which denies patents for minor or trivial improvements to known drugs.
Read MorePresident Gloria Arroyo has ordered an investigation into reports that Filipino workers were forced to go to Iraq to work on the U.S. embassy there despite a ban on them traveling there. A report from the watchdog organization CorpWatch said that "other South Asians" were indeed working for First Kuwait Trading and Contracting in Iraq.
Read MoreIndian companies will be free to continue making less expensive generic drugs, much of which flow to the developing world, after a court rejected a challenge to the patent law on Monday.
Read MoreAn influential Republican senator says he will propose legislation requiring drug makers to disclose the payments they make to doctors for services like consulting, lectures and attendance at seminars.
Read MoreA Boeing Co. unit falsified flight plans to disguise the Central Intelligence Agency's transporting of terrorism suspects to secret prisons overseas, the American Civil Liberties Union claims in an updated lawsuit.
Read MoreMattel, the maker of Barbie dolls and Hot Wheels cars, is recalling nearly one million toys in the United States today because the products' surfaces are covered in lead paint. According to Mattel, all the toys were made by a contract manufacturer in China.
Read MoreIn the wake of the multiple scandals over tainted Chinese food and drug exports in recent months, Chinese goods now have an indelible image of being not just cheap, but life-threatening as well. But the fact that wrongly labelled foods, liquor and pharmaceuticals have routinely sickened and even killed people en masse in China has been largely overlooked.
Read MoreGordon Brown yesterday unveiled a "moral" alliance of leaders of governments and multinationals to tackle global poverty, telling the United Nations that globalisation could be a force for justice.
Read MoreWal-Mart prides itself on cutting costs at home and abroad, and its Mexican operations are no exception. Wal-Mart is Mexico's largest private-sector employer in the nation today, with nearly 150,000 local residents on its payroll. An additional 19,000 youngsters between the ages of 14 and 16 work after school in hundreds of Wal-Mart stores, mostly as grocery baggers, throughout Mexico-and none of them receives a red cent in wages or fringe benefits.
Read MoreOrganized labor often complains of its treatment at the hands of corporate America, but its accusations pale in comparison to those made recently by the widows of Colombian mine workers in an Alabama courtroom. During a two-week trial, a Birmingham jury weighed charges that the local Drummond Coal Company bore responsibility for the murders of three union leaders who represented workers at its Colombian mine - the world's largest open pit mine.
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