Search Results for: Brazil

BY MONICA DOBIE, in Montreal
MOLSON shareholders were given good tidings at an annual shareholders meeting in Montreal, where it was reported that the Canadian beer giant made profits of CAN$133.9 million for the year ended in March, compared to a loss of CAN$44 million last year.…

BY MONICA DOBIE
THE EUROPEAN Investment Bank (EIB) has announced that it is lending US$40 million to Volkswagen Argentina S.A., a subsidiary of Volkswagen AG, to support investment for the production of gearboxes for passenger cars in its plant located in Cordoba, Argentina.…

KEITH NUTHALL
THE EUROPEAN Commission is investigating whether Brazil has failed to stick to a promise to scrap a minumum-price regime on certain textile products, which had restricted the amount of EU exports that could enter its market.

World Trade Organisation disputes proceedings had been launched by Brussels because of the problem, which especially affected ‘home textiles,’ such as mattress ticking, carpets and rugs, with Belgian and Spanish producers being the hardest hit.…

KEITH NUTHALL
INDIA has launched formal talks at the World Trade Organisation over the imposition by Brazil of anti-dumping duties on its exports of jute bags, which New Delhi claims were erected in contravention of WTO rules.…

BY KEITH NUTHALL
AN INTERNATIONAL action plan to fight forest fires is being drawn up with the assistance of the UN Food and Agricultural Organisation. Experts from Australia, Brazil, Canada, Denmark, Ethiopia, Germany, Greece, Italy, Malaysia, Mexico, South Africa, Spain, Turkey and USA have been discussing proposals for a system involving mutual assistance and coordinated approaches to forest fire management.…

BY KATE REW
S500 Mercedes ‘Guard’

Pluses: Unlike competitors it’s built from outset as armoured car – although

it doesn’t look like one.

Minuses: Are you really in enough danger to justify spending Pounds 130,000, (US$150K in the US), on this when you could be spending it on a yacht?…

BY MIKE FOX
AZURIX, the troubled water subsidiary of the giant energy company Enron, has confirmed that it would like to sell its north American water interests.

Azurix has a company policy of not commenting on its plans for acquisitions or divestments, but the potential sale of its north American subsidiary was revealed when it put in a bid to develop a US$150million water treatment plant that would eventually form part of a US$2billion distribution system in Houston Texas, home to the corporate headquarters of both companies.…

BY KEITH NUTHALL
THE EU’s Scientific Steering Committee has advised that it is “likely” that BSE is present in cattle herds in Albania, Cyprus, the Czech Republic, Estonia, Hungary, Poland and Slovakia, that it is “unlikely” to be present in India, Pakistan, Colombia and Mauritius, and “highly unlikely” to be in the cattle of Brazil and Singapore.…

KEITH NUTHALL
THE UNITED States has launched disputes proceedings against Brazil at the World Trade Organisation, complaining that the Latin American country’s patent laws allow local drug companies to copy US-patented pharmaceuticals, in contravention of the Agreement on Trade Related Intellectual Property Rights (TRIPS).…

BY KEITH NUTHALL
THE UNITED States has launched disputes proceedings against Brazil at the World Trade Organisation, complaining that the Latin American country’s patent laws allow local drug companies to copy US-patented pharmaceuticals, in contravention of the Agreement on Trade Related Intellectual Property Rights (TRIPS).…