US energy giant bows to pressure over Mynamar

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GLOBAL - US energy giant Unocal is bowing to shareholder pressure - including UK pension schemes - and freezing new investment in Mynamar (Burma).

Unocal’s U-turn followed a vote by almost a third of its shareholders in favour of workers’ rights. More than 100 pension schemes hold shares in the Californian energy company. Unocal chief exec...

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