Search Results for: International business
10 results out of 10931 results found for 'International business'.
SOUTHERN AFRICA FEATURE
BY RICHARD HURST
MONEY laundering is all about fake respectability, transforming the seedy and ill-gotten into the legitimate and well-earned; so in Africa, where better to launder criminal money than through the continent’s most developed economy, South Africa.
Mike Savage, partner at Ernst & Young South Africa, said that the biggest problem facing African governments wanting to seriously tackle money laundering is to pinpoint the movement of funds that are moved across porous borders in a bid to cover tracks and conceal sources.…
REGULATION AND SERVICE PROVISION
BY ALAN OSBORN
THE WORLD is a very long way from establishing a global system for air traffic management, but at least some of the building blocks are now being put into place. We know that neither global regulation nor global management of air traffic is a realistic concept unless preceded by a number of fundamental changes in the way the two are handled institutionally in many countries.…
FINLAND DEAL
BY KEITH NUTHALL
COMPETITION clearance has been granted by the European Commission to the planned deal involving Finnish paper manufacturer UPM-Kymmene Corporation acquiring Morgan Adhesives, a United States-based company making adhesive labels for manufacturers. Brussels concluded after an inquiry that the takeover would not damage competition in the European Union (EU) as US-based Avery Dennison would remain the market leader in Europe.…
IVORY COAST
BY KEITH NUTHALL
THE MOVE of the secretariat of the International Cocoa Organisation to Abidjan, Ivory Coast, from London, has been postponed because of the political and military turmoil in the country. The decision to go ahead with the move had only been taken this May.…
PATENT INSURANCE
BY ALAN OSBORN
THE EUROPEAN Union (EU) is slowly moving towards the setting up of a compulsory insurance scheme that would support inventors and innovators in pursuing legal claims against patent infringers. At present many patents, especially those taken out by individuals and small companies, are openly violated by companies who gamble that the holder has neither the resources nor expertise to mount the necessary legal challenge.…
BELGIUM TAX
BY ALAN OSBORN
BELGIUM has been told by the European Commission to change its “discriminatory” laws covering inheritance and registration taxes or face legal action. Belgian law says that non-profit associations, mutual societies, trade unions and international scientific associations must be established in Belgium to qualify for tax relief on gifts or legacies.…
ALIEN SPECIES
BY KEITH NUTHALL AND MONICA DOBIE
THE EUROPEAN Commission is to tighten rules on ballast management for international shipping to prevent the transport and release of alien species that can deplete the stocks of native species through natural competition.
In a broad strategy to boost the marine environment, Brussels warned that Baltic fisheries were particularly vulnerable to the introduction of alien species, given the sea’s low natural biodiversity.…
GM - CANADA AID
BY MONICA DOBIE, in Montreal
MICHAEL Grimaldi, president of General Motors Canada, has warned that the country’s automobile manufacture sector will continue to lose business to the United States unless more money is pumped into making Canada looking more attractive to new auto makers.…
DJIBOUTI AIRPORT
BY SWINEETHA DIAS WICKRAMANAYAKA
DJIBOUTI’S government has signed a management contract with Dubai Ports International Authority to run the east African country’s international airport, the UN has reported. The Gulf authority is to improve the airport’s services and infrastructure and reform its fee structure and collection.…
MAPLE SYRUP CASE
BY MARK ROWE
A VERMONT maple syrup producer has joined forces with environmental groups to sue the American government for recklessly contributing to global warming, claiming it has damaged his business.
A lawsuit filed by Friends of the Earth and Greenpeace in San Francisco claims that two American export credit agencies illegally provided US$32billion in financing for oil fields, pipelines and coal-fired plants over the past 10 years without assessing their contribution to global warming, as required by national law.…