The ITUC has called on FC Barcelona “socios” (voting members) and fans to end the club’s Qatar Airways sponsorship, saying that the airline is the very worst sponsor for a club with a 100-year tradition of democracy and universality.
Brazil’s JBS, the world’s largest meat packer, has agreed to pay about $1.5 billion for Moy Park, the British unit of rival Mafrig Global Foods. JBS, which has undertaken a massive overseas expansion since 2007, will pay $1.19 billion in cash and will assume Moy Park’s debt totaling £200 million as part of the deal, Marfrig said in a statement.
UK oil and gas giant BP said it has reached an $18.7 billion settlement of damages claims from the US government and five states after the 2010 Gulf of Mexico spill. The US Justice Department said it could be the largest settlement with a single entity in US history and the total value would top $20 billion.
The United States asked Switzerland on Thursday to extradite seven FIFA officials arrested in an investigation into a global bribery scandal at soccer's governing body, the Swiss Federal Office of Justice (FOJ) announced.
The Mercosur Council will establish an action plan at the next Mercosur presidential summit scheduled for 16/17 July in Brasilia, when the group's chair for the next six months will be handed to Paraguay by Brazil. Other issues on the agenda besides making Mercosur more flexible include addressing the 'special regimes' and the 'free trade zones' in the area, revealed Uruguay's foreign minister Rodolfo Nin Novoa.
Sepp Blatter, president of the world soccer governing body FIFA that is embroiled in corruption investigations, has told a German magazine he has a 'clean and clear' conscience and believes he will “go to heaven one day”.
Gibraltar House in Brussels hosted a board meeting of the European Small Business Association (ESBA). The Gibraltar Federation of Small Businesses was a founding member of ESBA, and currently participates in it as a Board member. ESBA has its headquarters in the city and represents over one million small and medium-sized enterprises and self-employed people from 35 countries.
Lack of progress on sanitation threatens to undermine the child survival and health benefits from gains in access to safe drinking water, warn WHO and UNICEF in a report tracking access to drinking water and sanitation against the Millennium Development Goals.
Greece on Tuesday became the first developed country to join a roster that includes some of the world’s poorest and worst governed nations, including Iraq, Sudan, Somalia and Zimbabwe. Those are a few of the countries that have missed payments to the IMF as Greece did Tuesday, when it failed to make a loan payment of about 1.5 billion Euros, or $1.7 billion, to the fund.
A Foreign Office global tour of the Magna Carta and King's Writt celebrating the 800th anniversary of the unique document is scheduled to begin later this year, said Foreign minister Hugo Swire in his presentation to Parliament requesting the necessary indemnity funds for such exposure.