Multinational Mining Companies Operating in the Western Mozambican Province of Tete to Buy Foodstuffs Locally

Multinational mining companies operating in the western Mozambican province of Tete will henceforth buy foodstuffs locally, rather than importing all their food from South Africa, under an agreement signed between the companies and the Tete provincial government, state news agency AIM reported on Monday citing the Permanent Secretary of the Tete government, Albertina Tivane.

This Week In Small Business: What Would Canada Do?

Congress balks at across-the-board cuts set off by the supercommittee’s failure. Barry Ritholtz says don’t blame the president. Michael Moran says it’s just politics. This guy doesn’t believe they failed at all.

Backlash grows over Indian retail reform

(Financial Times) -- A fierce political backlash against a decision to allow foreign retailers to enter the Indian market gained momentum on Sunday when the leader of Tamil Nadu adamantly opposed the liberalisation.

Thomas Cook in new £200m credit facility

Travel firm Thomas Cook has reached agreement with its bankers to provide it with new access to funding.

China Workers Strike at Companies That Make IBM Parts, Lingerie November 24, 2011, 10:38 PM EST

Nov. 24 (Bloomberg) -- Thousands of workers in southern China went on strike in the last week to demand higher pay and better treatment, disrupting work at companies including one that supplies equipment to International Business Machines Corp.

U.S. Firms Keen to Add Foreign Jobs

U.S.-based multinational corporations added 1.5 million workers to their payrolls in Asia and the Pacific region during the 2000s, and 477,500 workers in Latin America, while cutting payrolls at home by 864,000, the Commerce Department reported.

What Constitutes Sustainable Tea?

A battle between Unilever and an Amsterdam-based non-governmental group over the rights of workers on tea plantations in India and Kenya shows the difficulties facing multinational companies that are trying to ensure their products are ethically produced.nilever, which makes the popular Brooke Bond and Lipton brands, has committed to sourcing all its tea sustainably by 2020.