Property, Tourism & Transportation
Takata, the Japanese auto parts maker, will pay a $1 billion fine to the U.S. government after pleading guilty to hiding information about the likelihood that the company’s car air bags could accidentally explode. Takata air bags have been linked to at least 17 deaths around the world.
When Hanoi opened its door to global capitalism in 1988, the Communist party frowned on golf as an irrelevant bourgeois indulgence. Today, the Communist elite has bestowed its full blessing on the game as both symbol, and tool, of Vietnam's economic modernisation.
"We are here to take care of the land, because we depend on it for a living," said AndrÃ©s Sajama, cacique (chief) of Queta, a Kolla indigenous community in the northwestern Argentine province of Jujuy. "We don't want to block mining projects, but we won't allow them to take away what little we have left," he told IPS.
A battle is raging in Chiapas, Mexico to protect rainforest biodiversity and indigenous rights. Both are threatend by the Plan Puebla Panama.
Independent auditors confirmed Friday to Volkswagen's senior board many of the details published in news reports in recent months about corrupt dealings by managers in the car company's personnel department.
Behind the five intertwined rings of the Athens games, underpaid workers are sewing the shirts, gluing the shoes, and putting zippers to running suits and track apparel branded as Olympic--in working conditions that would make even the most highly trained athlete sweat.
Two global institutions - the United Nations and the Olympic Games - face charges that they are using "unaccountable and out of control" private security contractors. One of the companies at the heart of both controversies is G4S, a private security company in the UK.
Employees at mortgage giant Fannie Mae manipulated accounting so that executives could collect millions in bonuses as senior management deceived investors and stonewalled regulators at a company whose prestigious image was phony, a federal agency charged Tuesday.