UPDATE: Credit Suisse pays $475m in fines to settle Mozambique ‘tuna bonds’ case - a podcast by BBC World Service

Credit Suisse Group is to pay $475 million to American and British authorities to resolve bribery and fraud charges related to a $2 billion scandal over
Mozambican government-guaranteed loans which came to be known as tuna bonds - they were originally intended to help build up a domestic tuna fishing fleet in the country. A Credit Suisse subsidiary also pleaded guilty to a conspiracy charge in New York.

Nine companies including Amazon, IKEA, Unilever and Michelin have pledged to use only zero carbon emitting container shipping by 2040.
90% of world trade is transported by sea, and global shipping accounts for nearly 3% of the world's CO2 emissions.
But environmental campaigners want the shipping industry to move faster. The pressure group Ship It Zero says the switch to zero-emissions should be done by 2030

Further episodes of World Business Report

Further podcasts by BBC World Service

Website of BBC World Service