France's Total SA and Malaysia's Petroliam Nasional Bhd., or Petronas, currently pump gas from fields off Myanmar's coast through a pipeline to Thailand, which takes 90 percent of Myanmar's gas output, according to Thailand's PTT Exploration & Production PLC. But…
Dell Inc. will neutralize its carbon emissions and become carbon neutral by the end of 2008, Chairman and CEO Michael Dell announced Wednesday. Dell is the first major computer manufacturer to announce its intention to balance its carbon emissions with…
President Clinton today sought to highlight the efforts of Wal-Mart, a company long criticized by Democrats for its health and labor practices, to safeguard the environment and provide a template for growth in developing countries. Sharing the stage during the…
Enriched by high oil prices, Chevron Corp. will spend up to US$15 billion buying back its own stock _ a commitment that pleased shareholders and rankled critics clamouring for bigger investments in projects that might help lower energy costs. The…
Drugmaker Merck & Co. plans to donate enough doses of its cervical cancer vaccine, Gardasil, to inoculate 1 million women in some of the world's poorest countries. Whitehouse Station, N.J.-based Merck announced the gift today at the third annual Clinton…
More than 416.000 children under the age of 18, of which almost 225.000 younger than 14, are involved in (often bonded) child labour in India’s cottonseed fields. Most of them are girls. They work in the states of Andhra Pradesh,…
Last year, the Church of Norway asked the Norwegian Government Pension Fund to consider divesting the fund's holdings in Caterpillar Inc. The reason: Caterpillar was selling the Israeli army bulldozers that were being used against Palestinian civilians. Given the avalanche…
Inside the ‘parks’, within each factory, a carefully calculated use of imported machines and local labour in finely calibrated proportions, is designed to maximize returns for the investor. It is not difficult to figure out why for certain orders, specific…
During the talks to renew IBM’s Italian internal collective agreement, an employee group asked for a salary increase, prompting IBM to cancel their “productive results benefit”, resulting in a loss of more than $1300 / year per employee. This prompted…
Many Western companies are waking up to the importance of going green. Boeing is one such company that has undergone an image makeover and gone green. The Boeing 787, which is scheduled to enter service in May 2008, is twenty…
