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.
MAHINDRA - INDIA
BY KEITH NUTHALL
AN INDIAN hire-purchase company has been lent IND Rupees 840, (US$17 million), by the World Bank’s International Finance Corporation, so it can widen the financial services it offers India’s rural and semi-urban communities, notably to sell insurance policies.…
WARNING CASE
BY KEITH NUTHALL
NATIONAL laws within the European Union insisting that life-assurance policies or proposals warn customers about the potential for losing returns, should they cancel or reduce their policy to take out new cover, break EU freedom of trade rules, the European Court of Justice has ruled.…
ILLICIT TOBACCO TRADING
BY KEITH NUTHALL
GOVERNMENTS and international organisations have highlighted tobacco smuggling as one of the largest illegal drains on their tax revenues. An international conference has brought law enforcement professionals together with health officials to fight this problem. Keith Nuthall reports.…
JAPANESE PAPER
BY SWINEETHA DIAS WICKRAMANAYAKE
NIPPON Paper Industries Co., Ltd. of Japan has developed a new type of printing paper called Pegasus Harmony, that is lightweight, white and prevents strike through, the penetration of printing through the paper). The company says that its luster has been improved, with three-dimensional images of photographed products being displayed more clearly, with sharply reduced glaring.…
UN REPORT
BY KEITH NUTHALL
THE GLOBAL demand for paper is set to surge ahead, despite the harbingers of doom who predicted that IT advances would create a paper-less world, according to the latest World Commodity Survey of the United Nations Conference on Trade and Development, (UNCTAD).…
PAN ASIA PAPER
BY KEITH NUTHALL
THE EUROPEAN Commission has approved a paper industry deal which will see Norway’s Norske Skog and Canada’s Abitibi acquire complete control of their subsidiary Pan Asia Paper Company, buying out its third shareholder, South Korea’s Hansol Paper Co Ltd.…
PROPECTUSES
BY ALAN OSBORN
THE EUROPEAN Commission has significantly watered down its proposed
directive on prospectuses following intense lobbying by the financial services industry, the European Parliament and some Member States including Britain. The main change announced today (Friday) is to exempt small and medium-sized companies from the obligation to publish a draft prospectus if their public offering is Euro 2.5 million (Pounds 1.55 million) or less.…
BASQUE TAXES
Keith Nuthall
THE EUROPEAN Commission has made it clear that it will not countenance the creation of certain special tax regimes within the European Union for so-called coordination centres, that provide services including banking, marketing, insurance and logistics to companies within an international group.…
ANDERSEN FRANCE
BY ALAN OSBORN
THE EUROPEAN Commission has cleared the proposed merger between
Ernst & Young France and most of Andersen France’s business, finding that
although the deal would create France’s biggest auditor for large and
quoted companies there was “no danger of the creation of a single dominant
position.”…
MOLLUSC HEALTH
KEITH NUTHALL
THE EUROPEAN Commission has proposed revised European Union-wide rules for health controls on live bivalve molluscs as part of a new package of hygiene measures that are designed to step up food safety. The proposal identifies steps required by national competent health authorities to ensure the safety of these products.…