Monday, 20 May 2013 10:15
Thousands of workers employed by Dubai's largest construction company have gone on strike for a second day to back wage demands in a rare labour protest in the Gulf emirate, where trade unions are banned.
Business

Thousands of workers employed by Dubai's largest construction company have gone on strike for a second day to back wage demands in a rare labour protest in the Gulf emirate, where trade unions are banned.

Internet giant Yahoo has announced that it will acquire the popular blogging platform Tumblr for around $1.1bn in cash.

Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in US history.

Google Inc came under fire from British lawmakers investigating its tax affairs and whether it had misled parliament in testimony last year, adding fuel to a debate on taxation that has risen to the top of the UK political agenda.

Japan's economy, the third-largest in the world, has registered the quickest growth in a year, pointing to economic recovery, as the government stepped up public works spending and eased credit to encourage investment.

The European Commission has carried out surprise inspections at several major oil companies over possible price manipulation in breach of EU anti-trust rules.

A jury has awarded a Hong Kong businessman a $70m judgement against Las Vegas Sands Corp., the casino giant run by billionaire Sheldon Adelson.

France has entered a shallow recession in the first quarter of the year as the economy contracted by 0.2 percent, as figures from Germany also showed that it had got off to an unexpectedly weak start to the year with a marginal growth of just 0.1 percent.

The G7 group of industrialised nations have agreed that collective action is needed to ensure that firms and individuals pay the tax they owe.

The US Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said.
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Remembering Perot: Last Chance for Americans against Globalization |
| Ben Tanosborn | |
|
Why Shouldn't the Federal Government be Blamed for Boston? |
| Jacob Hornberger | |
|
Benghazi smoke screen |
| Will Durst | |
|
America Honors Its Worst |
| Stephen Lendman | |
|
65 Years of Palestinian Nakba |
| Elias Akleh | |
|
Women of the Wall |
| Uri Avnery | |
|
Alan Hart and What It Takes to Struggle On |
| Lawrence Davidson | |
|
The UN, Integrated Systems & American Intransigence To Accountability |
| Clive Hambidge | |
|
On Political Precondition |
| Richard Falk | |
|
LGBTQ exclusion of anti-capitalism |
| Soheil Asefi | |
|
Abolish the IRS -- And the Income Tax with It |
| Sheldon Richman | |

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