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Published by CorpWatch Blog | By Richard Smallteacher | Monday, August 5, 2013

Fonterra, a New Zealand company and the world's largest dairy exporter, has apologized for exporting a milk formula ingredient contaminated with potentially toxic bacteria. The incident comes six years after a company subsidiary in China sold contaminated baby milk formula that killed six infants and made thousands more ill.

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Published by CorpWatch Blog | By Pratap Chatterjee | Tuesday, July 23, 2013

JP Morgan Chase is expected to announce over $600 million in penalties and repayments for allegedly cheating customers in energy markets in California and Michigan. This just after Barclays bank paid out $470 million for manipulating electricity rates. Now Goldman Sachs is under scrutiny for possibly manipulating aluminum prices.

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Published by CorpWatch Blog | By Pratap Chatterjee | Monday, July 15, 2013

GlaxoSmithKline (GSK) has been accused of bribing doctors in China in order to boost sales. Chinese government officials say they have uncovered evidence of a bribery scheme involving 700 travel agencies who were used to funnel as much as three billion yuan ($480 million) in payments.

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Published by CorpWatch Blog | By Richard Smallteacher | Monday, July 8, 2013

Two rival agreements that aim to improve safety in Bangladeshi garment factories were launched this week. The European-led Accord on Fire and Building Safety in Bangladesh's Garment Industry was launched Monday while the much weaker North American led Alliance for Bangladesh Worker Safety was launched Wednesday.

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Published by CorpWatch Blog | By Pratap Chatterjee | Wednesday, July 3, 2013

Bugging equipment from the Surveillance Group Limited, a British private detective agency, has been found in the Ecuadorean embassy in London where Julian Assange, editor of Wikileaks, has taken refuge. The spy devices have so far failed to foil the whistle blowing group's daring exploits to support Edward Snowden.

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