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This year, the affordable urban real estate attracted international tenants including Hewlett-Packard, HSBC and McKinsey and Marsh & McLennan.
Group of Eight leaders launched their long-awaited action plan for Africa, promising a new dawn for the continent, but aid activists said the promises amounted to peanuts.
IOI, the second largest producer of palm oil in Malaysia, has been kicked out of an industry group that certifies sustainability practices, for environmental and labor violations. As a result, dozens of companies, including the makers of Dove soap, M&M's and Kellogg's Corn Flakes, have stopped buying from IOI.
Barrick Gold, the world's largest gold mining company, has agreed to compensate 14 individuals for violent acts committed near the Porgera mine in Papua New Guinea. Eleven of the cases involved sexual violence such as rape. Some 120 others had previously accepted cash settlements of about $10,000.
The Bodo community in the Niger delta will get £55 million ($84 million) to settle claims of environmental pollution by the Nigerian subsidiary of Shell, the Anglo-Dutch oil giant. Despite the relatively large settlement, many other pollution claims by Nigerian communities affected by Shell remain unresolved.
A U.S. court has refused to allow family members of three murdered Colombian union leaders the opportunity to sue Occidental Petroleum. The families claimed that the Los Angeles based company should be held responsible since it allegedly provided financial support for the military unit that killed the men.
Firestone, a U.S. tire company, paid out millions of dollars to Charles Taylor, a Liberian warlord in the 1990s, despite knowing about his brutal human rights record, according to documents uncovered by ProPublica, an investigative journalism website. Taylor is now serving a 50 year prison sentence for war crimes.
Indigenous activists burned down a bridge in British Columbia, Canada, to prevent Imperial Metals from starting a lead and zinc mine on the lands of the Secwepemc peoples. Local tribes say that the mine may severely impact the one of the largest remaining sockeye salmon populations in the world.
As many as 10 people have been killed by police this year at African Barrick Gold's operations in Tanzania, according to a new report from two NGOs - MiningWatch Canada and Rights and Accountability in Development (RAID) in the UK.
Coca-Cola, the world's largest beverage producer, has been ordered to shut down its bottling plant in Varanasi, India following local complaints that the company was drawing excessive amounts of groundwater. After an investigation, government authorities ruled that the company had violated its operating license.
OLEY, PA -- Who really rules the world now? Is it governments or a handful of huge, multinational companies? The wealth of American car giant Ford is worth more than the economy of South Africa. A handful of hugely rich men, like Bill Gates, have a wealth greater than most of Africa. Is there now an alliance between the superpowers of wealth, politics and military might? THE NEW RULERS OF THE WORLD -- A Special Report by John Pilger takes the viewer behind the hype of the new 'global' economy, where the divisions between rich and poor have never been greater.
WWF Europe has filed a complaint for false advertising against Peabody Energy, the world's largest coal mining company, after the company began a campaign to promote the use of coal in developing countries, claiming that so-called "clean coal" technology could eradicate poverty.
Some 4,000 contract workers at Los Bronces copper mine in Chile went on strike against Anglo American, a UK-based mining multinational from South Africa. The strike is the latest in a series of protests against the Chilean copper industry, the world's largest producers of the metal.
A whistleblower who previously worked for Ernst & Young, the international auditing firm, has alleged that his bosses turned a blind eye to discoveries that Kaloti Jewellery International - one of the world's biggest gold companies - dealt in minerals from undocumented sources that may have included conflict zones.