Shareholders add to Wal-Mart pressure

Two big US state pension funds in New York and Illinois have filed a shareholder resolution at US retailer Wal-Mart, criticising the company for poor labour conditions and failing to meet international standards.

The $11.8bn (€9bn) Illinois State Board of Investment and the $37bn New York City Employees' Retirement System have joined forces to call on the supermarket chain to submit to an independent audit of its workplace conditions.

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