Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
GERMAN FREIGHT FORWARDER HIT WITH USD1 BILLION FINE OVER ANGOLA BRIBES
Disgraced German-owned freight forwarding company, FH Bertling, was fined GBP850,000 (USD1 million) June 3 for an Angolan bribery scheme, in a case brought by the UK Serious Fraud Office (SFO). The four-year investigation and prosecution by the SFO into the company’s British wing revealed that senior executives had conspired to pay USD350,000 in bribes to an agent of the Angolan state oil company, Sonangol, to secure USD20 million worth of shipping contracts between January 2004 and December 2006.…
WALMART PAYS USD282 MILLION OVER FCPA VIOLATIONS
American mega-retailer Walmart has settled charges imposed by the USA Securities & Exchange Commission (SEC) that it violated the Foreign Corrupt Practices Act (FCPA) by failing to operate a sufficiently robust anti-corruption compliance programme as the retailer expanded rapidly internationally. Walmart has paid over USD144 million to settle the SEC’s charges and around USD138 million to resolve parallel criminal charges laid by the US Department of Justice, with the combined total topping USD282 million.…
OFFICIAL US STUDIES HELP REDUCE ANTIMICROBIAL USE IN PIGS AND CATTLE
NEW data from the United States Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) will help guide US animal health officials in ensuring livestock producers use antimicrobials in a more judicious way, says this federal government agency.
The data, which was released last month (May 2019), gives the latest benchmark for swine sites and cattle rearers on antimicrobial use in US feedlots and swine operations.…
INSIDER FRAUD RISK POORLY UNDERSTOOD BY BRITISH LOCAL GOVERNMENT, FINANCIAL AND HEALTH SERVICES - RUSI
An assessment on fraud and corruption in four UK sectors has found organisations surveyed understood the risks of internal fraud less comprehensively than threats by outsiders in financial services, the National Health Service (NHS) and local government. By contrast, the UK construction industry appreciated the risk of insider fraud and corruption as well as that posed by outside criminals. …
KENYA BRINGS IN NEW BANKNOTES TO CURB CORRUPTION
Kenyan President Uhuru Kenyatta and Central Bank of Kenya (CBK) Governor Patrick Njoroge have unveiled the latest weapon in the country’s battle against corruption, counterfeiting and money laundering with the introducion new banknotes. The Kenyan government requires old Kenyan Shilling KES1,000 (USD9.87) notes to be exchanged for the new bills by October 1, with the new KES50 (USD0.49), KES100 (USD0.99), KES200 (USD1.97) and KES500 (USD4.93) notes being phased in gradually.…
EUROPE STILL HAS SIGNIFICANT WORK TO COMPLETE BEFORE HARMONISING ITS NATIONAL GRID
MARCH’S approval by the European Parliament of new European Union (EU) electricity market rules, designed to increase consumer choice, boost renewables access and cap power subsidies, were hailed by the European Commission as a new dawn for the creation of the EU’s much vaunted Energy Union.…
ENERGY MANAGEMENT GOOD PRACTICE CAN BE HONED THROUGH DETAILED INTERNATIONAL, REGIONAL AND NATIONAL STANDARDS
WITH the Carbon Trust defining energy management as the use of technology to improve energy performance of an organisation within their holistic management processes, the need to tap data banks of expertise can only help in framing and operating such policies.…
BANGLADESH PLOTS DIGITAL PRINTING EXPANSION, AS TRAINED PERSONNEL BECOME MORE AVAILABLE
BANGLADESH’S major textile and clothing manufacturers are pumping millions of dollars into digital printing, encouraged by the lure of better margins, cost savings and shorter lead times, industry watchers say.
With conventional textile printing losing its prominence, the country’s top textile producers have spent around USD30 million buying European and Asian digital printing machinery in the past three to four years, industry experts have told Digital Textile.…
MONGOLIA LOOKS TO LEVERAGE DAIRY TRADITIONS TO CREATE SUSTAINABLE EXPORT SECTOR
MONGOLIA’S grassland ecology has always lent itself to livestock and hence milk production, so it is no surprise that the development of a dairy industry has been a priority for its government and international institutions.
A five-year loan worth USD12 million from the European Bank for Reconstruction & Development via Mongolia’s XacBank announced in February (2019) is just one such related initiative.…
TURNING MANURE INTO ENERGY: THE GROWTH OF MANURE-TO-BIOGAS SYSTEMS ON DAIRY FARMS
PROMISING a significant reduction in greenhouse gas emissions, energy cost-savings, sustainable manure management and a diversified revenue stream, the number of anaerobic digestion (AD) plants producing renewable biogas on dairy farms is growing globally. When upgraded to natural gas it can be sold to local utilities companies and used as transportation fuel as well as generate on-farm combined heat and power (CHP) – this biogas can be an important source of income.…