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A key witness has admitted under oath that he lied on behalf of Chevron, the California oil multinational, when the company sued to overturn a $9.5 billion verdict for pollution of the Ecuadorian Amazon.

Swedish companies have been accused of profiting excessively from the recent influx of refugees to Europe, taking advantage of the government expenditures of some $7 billion to house and support over 150,000 new immigrants this year.

A $50 billion plan by a Hong Kong based developer to cut a canal through Nicaragua to allow ocean going cargo ships cross back and forth from the Atlantic to the Pacific ocean has suffered major setbacks after fierce opposition by environmentalists and local communities.

Some 500 Angolan fisherfolk have demanded compensation from Chevron after an oil spill polluted the Mandarin and Mpuela shoreline in Cabinda last month, close to the California company's drilling operations. Under government orders, all fishing activity was banned for almost two weeks.

Three major U.S. medical associations - the American Academy of Family Physicians, the American Academy of Pediatrics and the American College of Cardiology - have bowed to pressure from activist doctors to stop accepting corporate donations from Coca-Cola. The campaigners say Coke exerted undue influence over the medical groups.

Investment Technology Group (ITG), a U.S. stock broker, paid a $20.3 million fine for running a secret operation named Project Omega to take advantage of "dark pools" trading orders made by its clients. Experts say that Barclays and Credit Suisse may also soon pay fines for dark pools trading scams.

A music video asking Unilever, an Anglo-Dutch consumer goods giant, to clean up mercury waste from their former Indian factory notched up two million views in less than a week, prompting a reply from the company CEO. 'Kodaikanal Won't,' the video by Sonia Ashraf, parodied Nicki Minaj's song 'Anaconda.'

British regulators are investigating Soma Oil & Gas, a UK-based company, for allegedly paying bribes to the Somali government in exchange for exploration rights. Under scrutiny is the payment of $580,000 for "capacity building arrangements" at the Ministry of Petroleum in Mogadishu, according to Financial Times sources.

Hundreds of private sector intelligence analysts are being paid to review surveillance footage from U.S. military drones in Central Asia and the Middle East, according to a new report from the Bureau of Investigative Journalism.

Greenpeace temporarily blocked Shell from drilling for oil in the Arctic by blocking the path of a specialized ice-breaking ship in Portland, Oregon. Thirteen climbers suspended themselves from a bridge while hundreds of local supporters paddled below in kayaks forcing the company to delay operations for almost two days.