A US$ 500m ETF run by Vanguard that claims in its marketing material to specifically exclude "fossil fuel" stocks invest in several companies in the oil and gas industry, including oil services company Schlumberger, pipeline company Kinder Morgan and crude oil refiner Marathon Petroleum, as of...
A Missouri jury on Thursday ordered Johnson & Johnson to pay a record $4.69 billion to 22 women who alleged the company’s talc-based products, including its baby powder, contain asbestos and caused them to develop ovarian cancer. For further information, see the articles listed below: https://www.reuters.com/article/us-johnson-johnson-cancer-lawsuit/jury-orders-jj-to-pay-4-7-billion-in-missouri-asbestos-cancer-case-idUSKBN1K234U https://www.nytimes.com/2018/07/12/business/johnson-johnson-talcum-powder.html http://www.chemdiv.com/jury-orders-jj-pay-4-7-billion-missouri-asbestos-cancer-case/...
Automobiles and Parts / 06.06.2018
No new diesel car meets EU emissions standards, according to study
The environmental group that started Volkswagen diesel emissions scandal has recently published a research that shows that even the newest diesel vehicles fail to meet EU standards in real-world driving conditions. Financial Times and major news provider reported the news today, following the Volkswagen scandal and the...
The University of Edinburgh is dumping all its fossil fuel investments, making it the largest UK university endowment fund to be completely free of all coal, oil and gas holdings. Following this decision, the University of Edinburgh will sell its final £6.3m of fossil fuel...
Climate change, Disinvestment, Oil and Gas / 10.01.2018
New York City plans to divest $5bn from fossil fuels and sue oil companies
NY City has set a goal of divesting New York’s $189bn pension funds from fossil fuel companies within five years in what NYC officials say would be “among the most significant divestment efforts in the world to date”. Currently, New York City’s five pension funds...
After a year, it is time to look back and make some considerations about the deal that never happened in Pharma industry. For further information, see the articles listed below: http://www.ft.com/intl/cms/s/0/e8320ccc-0327-11e5-8333-00144feabdc0.html?o=clippings/list#axzz3bd1cPd77 https://www.theguardian.com/business/2014/may/19/pfizer-failed-takeover-bid-astrazeneca https://www.reuters.com/article/us-astrazeneca-pfizer/pfizer-walks-away-from-118-billion-astrazeneca-takeover-fight-idUSBREA3R0H520140526...
GlaxoSmithKline still has questions to answer over bribery case in China. In 2013 Chinese police accused dozens of GSK employees, including Mark Reilly, its former China CEO, of fraudulent practices and briberies worth billions of dollars to doctors and officials around the country. The British pharmaceutical...
At least 124 people have reportedly been killed during a fire at a warehouse of Tazreen Fashion in Bangladesh. According to International Labor Rights Forum, the factory had no emergency exits and workers were either burnt alive or died when they tried to jump out...