Thursday, May 23, 2013   

Shell survives legal challenge by Nigerian farmers
(01-30 17:41)

A Dutch court rejected a bid by a group of Nigerian farmers to have Shell's parent company held responsible for oil damage, saying only subsidiary Shell Nigeria was responsible for one oil leak.
The court “dismissed all claims against the parent companies... since pursuant to Nigerian law a parent company in principle is not obliged to prevent its subsidiaries from harming third parties abroad,'' judge Henk Wien told the court, AFP reports.
   
Other Business breaking news:
HP earnings, revenues go south (13 mins ago)
Prosecutors to grill IMF chief Lagarde (16 mins ago)
Fraud tangle haunts smooth-talking Lagarde (20 mins ago)
Ford to wind up Australia plant shedding 1,200 jobs (1 hr 32 mins ago)
Positive start for Nikkei (1 hr 43 mins ago)
AirAsia earnings dive, but expansion continues (05-22 20:29)
Power woman Merkel extends reign (05-22 20:14)
French humiliate Indian tycoon Mittal in game (05-22 20:01)
TVB wins broadcasting right of World Cup 2014 (05-22 19:38)
UK sees lower public borrowing in April (05-22 19:10)

More breaking news >>

© 2013 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2013, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Statement and Copyright Policy.  Please also read our Ethics Statement.