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/ 25 October 2007

McDonald’s goes green

McDonald’s is a company on a mission. Tired of being held up as an example of corporate evil and greed, the fast food chain has been hitting out at critics with a series of environmental and social initiatives designed to prove that it cares. Not content with just that, the company is also undergoing a makeover, redesigning some of its outlets in a way it hopes will revitalise the sites and attract more customers.

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/ 22 October 2007

Developing world easier for working women

Women in developing countries find it easier to break through the so-called glass ceiling than their colleagues in the West, according to a global study by PricewaterhouseCoopers. The firm interviewed more than a hundred business people in eight countries, including China, India and Germany, for the report on women’s economic participation for the Women’s Forum held in Deauville, France, last week.

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/ 13 August 2007

Xstrata bids $1bn for SA’s Eland

Xstrata this week reaffirmed its acquisitive streak with a $1-billionoffer for South African platinum miner Eland, and the purchase of 50% of a thermal coal mine in Australia. The news came as the Anglo-Swiss mining giant posted a 20% rise in first-half sales to $14,2-billion, with a 27% increase in profit before interest and tax to $4,7-billion.