Vedanta and police collaborate in false arrests and imprisonment

Badapada: displaced women and children imprisoned for a month by Vedanta and police This report, directly from a Foil Vedanta team on the ground in Niyamgiri, tells a shocking story of the month long imprisonment of a group of Dalit women and children displaced by...

Shareholders Group Questions Bumi Accounts

The independent U.K.-based shareholders’ advisory body PIRC said late Tuesday it is unable to support the approval of Indonesian coal miner Bumi PLC’s annual report and accounts at next week’s annual shareholders meeting. The firm, which represents a...

Barclays and RBS underwrite Glencore Xstrata

Glencore Xstrata has signed a new $17.3 billion revolving credit facility, to replace the pre-merger credit of Glencore and Xstrata and provide working capital. The facilities were initially launched at $12 billion and were substantially oversubscribed, the...

No such thing as a sustainable bank yet, says Banktrack

London-listed Standard Chartered is among banks helping to finance at least eight destructive ‘dodgy deals’ around the world. The projects, which campaigners are fighting to reverse, include the extraction of Canada’s vast tar sands, risky oil drilling in the Arctic...