Archive – Multinational Companies

West Africa vs Big Chocolate: Battle over price sours relations

This content was published on Dec 11, 2020 Ivory Coast and Ghana struggle to boost farmer incomes from a commodity that underpins the $100 billion industry.

Roche CEO: supply can’t meet demands for mass Covid-19 testing

This content was published on Dec 8, 2020 Severin Schwan, CEO of Swiss pharma giant Roche, has warned that the demand for Covid-19 tests still outstrips supply.

WEF annual meeting moves from Switzerland to Singapore

This content was published on Dec 7, 2020 The 51st annual meeting of business, political and civil society leaders will take place in Singapore between May 13-16, WEF announced on Monday. Organisers added that it plans to return to Davos in 2022. The event has moved out of Switzerland in stages. Having been advised not to hold the meeting in Davos on its…

Glencore CEO Glasenberg to step down next year

This content was published on Dec 4, 2020 Ivan Glasenberg, CEO of the world’s largest commodities trader Glencore, has announced his retirement next year.

Vitol pays $160 million to settle Petrobras related fraud case

This content was published on Dec 4, 2020 The bribery allegations surfaced during the “Operation Carwash” corruption probe into Brazilian state energy company Petrobras. This led to a United States indictment that accused Vitol employees of bribing officials in Brazil, Ecuador and Mexico. While Vitol was not obliged to plead guilty to the charges under the terms of the deferred prosecution agreement, it did acknowledge…

Who has the right to judge multinational companies?

This content was published on Dec 3, 2020 Our analysis of what the biggest global companies in Switzerland are up to. This week: multinationals in the courts.

Nestlé accused of making ‘zero progress’ on plastic pollution

This content was published on Dec 2, 2020 The Coca-Cola Company, PepsiCo and Swiss multinational Nestlé are the world’s top plastic polluters for the third consecutive year.

More gold changing hands in uncertain times

This content was published on Dec 2, 2020 The economic crisis caused by the coronavirus pandemic has boosted the gold market.

Swiss role in bribery by Dutch firm SBM Offshore under investigation

This content was published on Dec 1, 2020 Three Swiss-based subsidiaries are under investigation by the Office of the Attorney General for failing to prevent corrupt payments.

What do you think of the results of Switzerland’s vote on the Responsible Business Initiative?

On Sunday November 29, Swiss citizens rejected the responsible business initiative.

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Nov 29, 2020

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