Search Results for: International business

BY KEITH NUTHALL
TIME was that the metal industry was barely regulated, even in picture-postcard countryside you could set up a foundry at will, but now regulators have their fingers on everything, they are even thinking about rules for grabbing manganese nodules from the beds of deep oceans, a job that no company is anywhere near being able to undertake.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE INDIAN government has been asked to designate the Himalayan state of Sikkim’s Bagdogra Airport as an international terminal, taking foreign flights, in a bid to boost the region’s tourist industry. The formal proposal has come from the Sikkim Hotel and Restaurant Association.…

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.”…

BY KEITH NUTHALL
A SPECIALIST United Nations agency has admitted that unless careful precautions are taken, the future exploitation of mineral deposits on the bed of deep oceans could lead to the extinction of species, many of which have yet to be discovered.…

BY ALAN OSBORN
BRITAIN is being brought before the European Court of Justice for its failure to adopt EU legislation insisting on the mutual recognition of professional qualifications of harbour pilots. The European Commission said the UK had failed to put into national law the directive 1999/42/EC and said this was “likely to prove an obstacle to the free movement of workers, freedom of establishment and freedom to provide services in the sectors concerned.”…

Keith Nuthall
THE EUROPEAN Bank for Reconstruction and Development will soon be inviting bids for contracts to improve Kazakhstan’s Atyrau International Airport. It is lending the airport company US$24.5 million, which will pay for the widening and strengthening of the runway, taxiways and apron areas, plus the replacement of airfield lighting, including floodlighting.…

BY PHILIP FINE

An American company that normally supplies its breeding services to

livestock producers has been developing a sideline serving the

pharmaceutical industry. Its leap into biotech could offer a

glimpse of how the meat and livestock trade might discover some future

crossover

business.…

BY MONICA DOBIE, in Montreal
THE VANCOUVER Airport Authority has won an appeal in the British Columbia Court of Appeal in a case involving local residents seeking compensation for effects of aircraft on a new runway, opened in 1996

Larry Berg, CEO of the Vancouver International Airport Authority, said: “The court has recognised the principle in law that all aspects of vital public works for the community at large are deemed authorised by the government that orders them.”…

BY KEITH NUTHALL AND PHILIP FINE

IN the aftermath of the September 11 tragedy, the shocking images of two planes slamming into two of the most famous buildings in the world fuelled a strong desire tighten up security systems around the world, especially in civil aviation.…

BY MARK ROWE
MONEY launderers looking to process their criminal gains look favourably upon south-east Asia. Authorities in the region are under-funded and overworked, while cash-transactions are a cultural norm, making it easy to ensure that money you would prefer not to be traced can simply disappear, with little likelihood that anyone will have the time to investigate the transaction.…