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US: Diageo pulls funding from climate change denier institute

Drinks giant Diageo has said it will avoid funding the Heartland Institute following a campaign that compared people who believe in the reality of climate change with mass murderers.

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US: Walmart shares dip over Mexican bribery cover-up

Walmart has been hit by a bribery scandal involving its Mexican business. Executives paid bribes of around $24 million to gain permits for new stores and, most damagingly, executives at the group's headquarters allegedly covered up evidence of the activity according to the New York Times.

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Brazil: Chevron head threatened with 30 years jail over spill

Criminal charges are being brought against 17 employees of Chevron and Transocean for an oil spill in Rio de Janeiro. Prosecutors said that George Buck, the head of Chevron's operations in Brazil, should go to prison for 31 years for his part in creating a major incident of pollution.

Stubbed out cigarettes

Canada: Tobacco class suit seeks billions for smokers

A class action lawsuit that argues that three of the major tobacco firms manipulated nicotine levels and hid evidence on the health effects of smoking is coming to trial after 15 years. The suit, which seeks up to C$27bn in damages, is the first of its kind in Canada.

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Special Feature

photo of cash

Social responsibility and finance - on the precipice

In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.