Banking giant Citigroup announces mass layoffs
On March 26, Chuck Prince, CEO of Citigroup, announced that the world’s largest bank will cut at least 15,000 workers.
Business turns water-smart
Big business is doing its bit to reduce water consumption, according to the latest figures from the Queensland Water Commission. (...) Ms Bligh and Premier Peter Beattie toured the Coca Cola Amatil plant at Richlands this morning to inspect some…
Hillary Clinton sets fundraising record
Hillary Clinton, the Democratic frontrunner for the White House, on Sunday said she had raised $26m since she entered the race — almost twice her campaign’s target and more than three times the record for the first quarter of the…
Siemens scandal threatens to ensnare leadership
The corruption scandal that has rocked Siemens, a pillar of Germany Inc., is gathering pace in a way that could ensnare the company's top management for the first time.
Danone’s taste for microfinance pays dividends
Franck Riboud is a romantic at heart. The chairman of French food multinational Danone is also an astute businessman with a particular nose for marketing. Yet he seems to be managing to combine his passionate commitment for social responsibility with…
ABN Amro launches climate change index
ABN Amro has launched an equity index tracking firms that address climate change and other environmental issues. Paul Thind, a London-based executive director at ABN AMRO, and the index developer, said: "This… benchmark reference instrument can be used both to…
Fair-trade advocates appeal to Starbucks
When many students stop by Starbucks on the way to class to pick up their daily double shots, they may not realize the signs they see around the store for different types of coffees are the focus of a rift…
UBS launches the KLD Dividend Achievers Social Investing Series 2007A
UBS AG today announced that it has launched the KLD Dividend Achievers Social Investing Series 2007A, a unique unit investment trust ("UIT") designed to meet the needs of UBS Wealth Management US clients who are seeking socially responsible investments with…
On The Trail Of A Cure: Reality And Rhetoric On Treating Malaria
New treatments for malaria were developed in response to a resurgence of the disease in the 1990s.
Coal mine, illegal evictions and worker’s rights in Colombia
Dear Covalence team, I am part of a Swiss-based working group that gathers and spreads information about various problems that challenge the civil population in Colombia. At the moment, I am working on a case involving a the largest open-pit…
