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Bangladesh increases garment workers’ minimum wage

Bangladesh will almost double the minimum wage for its garment workers, a wage board official says, following months of violent protests over pay. It will rise from 1,662 taka ($25; £16) per month to 3,000 taka. The labour ministry is…

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Pressured, Nike to Help Workers in Honduras

Facing pressure from universities and student groups, the apparel maker Nike announced on Monday that it would pay $1.54 million to help 1,800 workers in Honduras who lost their jobs when two subcontractors closed their factories. Nike agreed to the…

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Les groupes armés de RDCongo visés par la réforme de Wall Street

WASHINGTON (AFP) - La réforme de Wall Street, bientôt promulguée par le président américain Barack Obama, contient une disposition visant à  couper les vivres aux groupes armés qui s'enrichissent grà¢ce au commerce de métaux servant à  fabriquer des produits de…

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European Companies Lead “Access to Medicine Index”

Independent Ranking Shows More Transparency, More Programs for Low-income Countries. European pharmaceutical companies outcompete their U.S. counterparts in making medicines available to people in developing countries, but their lead is shrinking, according to the second Access to Medicine Index, released…

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Business ethics: is a crisis necessary to implement change?

It is rare for two global crises to occur in such quick succession.  The banking and financial services industry, once heralded for its social responsibility and support of community issues, is under fire for seriously mishandling their financial responsibilities of…

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Gucci Aims to Reduce Packaging, CO2 Emissions

At the center of Gucci’s new eco program is the company’s ‘green’ packaging initiative that aims to reduce materials consumption, exclusively use paper certified by the Forest Stewardship Council (FSC) and be 100 percent recyclable. The initiative will be launched…

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