Global Trade
Royal Dutch Shell is considering selling interests in two Nigerian offshore oil blocks to China's Cnooc Ltd. as it restructures its business in the troubled region.
Vietnam has asked Formosa Ha Tinh Steel Corporation to pay $500 million in compensation for dumping toxic waste in Ky Anh that resulted in a massive fish kill on a 120 mile stretch of Vietnam's central coast in the provinces of Ha Tinh, Hue, Quang Binh and Quang Tri.
An arm of the Pentagon has come under fire for procuring large quantities of apparel from a Nicaraguan factory that labor rights groups say is a sweatshop and that the United States trade representative has voiced serious concerns about.
Under a strong summer sun and a broad political proclamation that "Another world is possible," tens of thousands of activists from around the world are arriving here for the second annual World Social Forum. The host, like last year, is Brazil's southernmost major city, capital of the state of Rio Grande de Sul.
Authorities of Shell Petroleum Development Company (SPDC) have unveiled a new security strategy for securing oil pipelines and platforms within the Niger Delta region. Shell has appointed former MEND militant commander, Eris Paul, and his company, Eristex Pipeline Patrol, to secure oil facilities in the Southern Ijaw area of the Delta.
Evo Morales was sworn in on Sunday as Bolivia's first indigenous president in a historic and emotional ceremony that set the tone for his new government, promising to move much the profits of Bolivia's natural resources to the people of Bolivia.
Nestle says that it will destroy 400 million packets of Maggi brand instant noodles in India worth some Rs 320 crores ($50.5 million). The company made the announcement after the Food Safety and Standards Authority of India found "hazardous" levels of lead in company products and ordered legal action.
Japan is using official lending agencies which provide development aid to promote the export of Japanese incinerators to Thailand, Greenpeace alleges.
In response to pressure from the maquiladora industry, the Mexican government is now paving the way for the large-scale pulpwood plantations in order to provide industry with raw material to produce cheap pulp and paper.
Confidential documents obtained by Friends of the Earth Europe underline American opposition to European Union plans for compulsory tracing and labeling rules for all food and animal feed containing genetically modified organisms (GMOs) above a certain threshold.