British oil trader Trafigura has offered to settle a court case brought by 31,000 Africans who say that they were injured in the largest personal injuries class action mounted in an English court. The action resulted from the dumping of 400 tonnes of waste in the Ivory Coast by an oil tanker, the Probo Koala, in 2006 - one of the worst pollution disasters in recent history.
The proposed agreement between one of the worldÃ¢â¬â¢s largest oil companies, BP (formerly British Petroleum) and UC Berkeley, Lawrence Berkeley National Laboratory and the University of Illinois has ignited a firestorm that promises to burn long and hot.
BYD Co., the Chinese carmaker part- owned by billionaire Warren Buffett's Berkshire Hathaway Inc., was fined and ordered to surrender seven factories in central China after the government said it used land illegally.
Billionaire businessmen and lobbyists are lining up to help Donald Trump after his victory in the U.S. presidential election. Trump appears to be welcoming them with open arms, despite his claim to bring change to Washington DC and get rid of special interests.
The United States, recently criticised for its protectionist trade policies, on Tuesday proposed removing world tariffs on manufactured goods no later than 2015.
The market in India for outsourced clinical drug trials will hit $1.5 billion by 2010. Enticed by numbers like these, developing countries have been scrambling to catch Big Pharma's eye - India most aggressively of all.
How much money did Charles G. Taylor, the deposed president of Liberia, siphon out of his war-shattered country, and where is it? Investigators are developing a new strategy involving filing civil damage claims against companies, governments and international banks that they contend aided Mr. Taylor in illegal transactions.
The highly publicized killing of Carlo Giuliani during the protests in Genoa on Friday, July 19th may mark a milestone for the anti-corporate globalization movement as significant as the Battle in Seattle.
The Iranian regime has developed one of the world's most sophisticated mechanisms for controlling and censoring the Internet. The Iranian government appears to be engaging in a practice often called deep packet inspection. The monitoring capability was provided, at least in part, by a joint venture of Siemens AG, the German conglomerate, and Nokia Corp., the Finnish cellphone company.