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CorpWatch Exclusives : Displaying 21-40 of 620


Argentina Loses Court Appeal Against “Vulture” Fund Manager Paul Singer
by Pratap ChatterjeeCorpWatch Blog
June 20th, 2014
Paul Singer, the billionaire hedge fund manager, has claimed victory in a lawsuit to force Argentina to fork out almost 17 times more than he paid to buy bonds issued by the country.

Papua New Guinea Landowners Win Lands Back From Malaysian Palm Oil Plantation
by Fatima HansiaCorpWatch Blog
June 16th, 2014
A Papua New Guinea (PNG) court revoked two 99 year land titles awarded to Kuala Lumpur Kepong (KLK) of Malaysia to develop palm oil plantations on 38,350 hectares of land in Collingwood Bay in Oro province following complaints of land grabbing by customary landowners.

Chevron Cancels Bulgaria Fracking, Shell Postpones Ukraine Plans
by Richard SmallteacherCorpWatch Blog
June 12th, 2014
Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its opposition to fracking.

G4S To End Israel Prison Contracts Following Protests
by Pratap ChatterjeeCorpWatch Blog
June 8th, 2014
G4S, the Anglo-Danish security contractor, has agreed to withdraw from prison work in Israel after activists disrupted the company annual general meeting for the second year in a row. The company is also under fire for ill-treatment of detainees in the UK, including the death of an Angolan man.

U.S. Congress Did Less for Corporate Accountability in 2013
by Corporate Accountability Coalition
June 4th, 2014
The U.S. Congress saw no progresses toward corporate accountability and reining in corporate influence over public institutions in 2013, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.

El Salvador Construction Contractor Builds Houses for Wealthy with UK Aid
by Fatima HansiaCorpWatch Blog
May 31st, 2014
An investment branch of the UK’s Department for International Development (DFID) aid agency has come under fire for subsidizing Avance Ingenieros to build elite housing projects in El Salvador at the expense of the UK taxpayer, according to an investigation by the Guardian newspaper.

Lawsuit Against Google Highlights Mining of Student Data
by Rozali TelbisSpecial to CorpWatch
May 26th, 2014
Children have become lucrative targets for data mining companies, according to a study by Politico magazine. Just weeks after Google settled a lawsuit for selling student data for advertising, the publication revealed an entire industry devoted to marketing data gathered from Internet applications offered to students and their teachers.

Hedge Fund Managers Still Making Billions
by Pratap ChatterjeeCorpWatch
May 17th, 2014
David Tepper, the founder of New Jersey-based Appaloosa Management, was the world’s highest earning hedge fund manager for the second year in a row, according to the Rich List published earlier this month. Tepper earned $3.5 billion in 2012, a major increase on his $2.2 billion take home income in 2012.

Pakistan Courts to Hear Lawsuit Against Finfisher Spy Software
by Rozali TelbisCorpWatch Blog
May 12th, 2014
A Pakistani court has set a June 5 court date to hear a lawsuit from ‘Bytes for All’ - a digital rights group - for the alleged use of FinFisher spy software by the Pakistani government. The software is manufactured by Gamma International, an Anglo-German company.

Vale Expansion in Maranhão Challenged by Local Communities
by Fatima HansiaCorpWatch Blog
May 7th, 2014
Mayors of dozens of communities along the route of a 556 mile railway from the Carajás iron ore mine to São Marcos bay, are up in arms against a major new expansion of industrial activities by Vale, a Brazilian mining giant, because of the adverse impacts on their lives.

Yue Yuen Shoe Factory Backs Down After Workers Strike for Pensions
by Pratap ChatterjeeCorpWatch Blog
May 3rd, 2014
Some 40,000 workers in seven Yue Yuen shoe factories in Dongguan city, China, went on strike last month to successfully demand that their employer make pension payments required under the law.

Peabody Coal Accused of False Advertising for Claiming to Stop Energy Poverty
by Rozali TelbisCorpWatch Blog
April 28th, 2014
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.

Sinopec Fracking In China Turns Deadly
by Fatima HansiaCorpWatch Blog
April 24th, 2014
A deadly explosion in Jiaoshizhen, Sichuan province, has raised concerns about the risks involved in hydraulic fracking in China. The explosion occurred at a facility operated by Sinopec – one of China’s biggest oil and gas companies – that is being advised by Breitling Energy, a Dallas-based company.

Barclays Temporarily Backs Down On Somali Money Transfers
by Pratap ChatterjeeCorpWatch Blog
April 21st, 2014
Dahabshiil, a Somali money transfer company, has won a temporary reprieve from Barclays, the last major bank to allow remittances to Somalia. The agreement comes just as a new report estimates that African expatriates lose $1.8 billion a year in transfer fees to companies like Moneygram and Western Union.

KBR and Halliburton Can Be Sued For Iraq Toxic Burn Pits, Court Rules
by Fatima HansiaCorpWatch Blog
April 17th, 2014
KBR and Halliburton – two major U.S. military contractors – can be sued for the health impacts of trash incineration on U.S. soldiers who served in the war in Iraq, according to a new court decision that allows a series of 57 lawsuits against the companies to go forward.

Caterpillar Uses Swiss Subsidiary to Avoid Billions in Taxes
by Rozali TelbisCorpWatch Blog
April 14th, 2014
Caterpillar - one of the world’s largest maker of construction and mining equipment - used a subsidiary in Switzerland to avoid paying $2.4 billion in taxes over a period of 13 years, according to a new U.S. Senate report titled ‘Caterpillar’s Offshore Tax Strategy.’

Failed Cuban “Twitter” Project Designed By U.S. Government Contractors
by Pratap ChatterjeeCorpWatch Blog
April 8th, 2014
ZunZuneo - a now defunct social media platform similar to Twitter – was designed to undermine the Cuban government by two private contractors: Creative Associates International from Washington DC and Mobile Accord, a Denver based company. Funding was provided by the U.S. Agency for International Development.

Big Pharma Abandons New Tuberculosis Drug Research
by Fatima HansiaCorpWatch Blog
April 1st, 2014
Three major pharmaceutical companies - AstraZeneca, Johnson & Johnson and Pfizer - have recently delayed or canceled clinical trials for testing tuberculosis (TB) drugs in India and South Africa. Activists say this is symbolic of a trend by Big Pharma to abandon research into diseases that affect poor people.

Anglo American Workers Strike Against Contract Labor Conditions in Chile
by Pratap ChatterjeeCorpWatch Blog
March 25th, 2014
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.

Fast Food Workers File Lawsuit Against McDonald’s for Alleged Wage Theft
by Fatima HansiaCorpWatch Blog
March 21st, 2014
Over 25,000 low-wage employees working at McDonald’s franchises in California, Michigan and New York are being systematically cheated of their wages, say attorneys who filed seven simultaneous lawsuits last week against McDonald’s and its franchisees for violations of labor law.

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