Search Results for: International business

BY PHILIP FINE

GUINNESS UDV is facing federal regulatory scrutiny in the United States after a competitor complained that its Smirnoff Ice TM malt based product misleads consumers, because in the US, it does not contain vodka; the New York State advertising industry’s self-regulatory apparatus has now referred the matter to the US Federal Trade Commission and the Bureau of Alcohol, Tobacco and Firearms after Guinness refused to take part in the review.…

BY KEITH NUTHALL
THE EUROPEAN Commission has been given authority by European Union Council of Ministers (finance) to negotiate a comprehensive “Governing International Fisheries Agreement” with the USA. A Brussels official in the Commission’s directorate general for fisheries told Fishing News International that a future deal could lead to EU fishing crews being given access to fish US waters and for European factory ships to be allowed to buy stocks from American fishermen at sea.…

KEITH NUTHALL
A COMPREHENSIVE reform of the European Union’s VAT package for travel agents has been proposed by the European Commission, which would change the special rules that apply for the sector. Because their services are often consumed in a foreign Member States where different sales tax rates can apply, travel agents are allowed to pay VAT on the profits that they make rather than handing over the VAT charged directly on services that they supply, minus the VAT they paid when incurring allowable business expenses.…

BY MARK ROWE
THAI-JAPANESE joint venturers have floated a plan to turn a hillside in northern Thailand into one of the world’s most unlikely ski venues. Leisure Patine International Co Ltd, which has previously developed ice rinks in Thai shopping centres, has suggested that Japanese snow-making machines could be used to establish a ski slope near the town of Chiang Mai, a place better known as a haven for European and Australian backpackers.…

BY KEITH NUTHALL
CONCLUDING that the health of between 100,000 to 200,000 people is still at risk because of radioactive contamination from the Chernobyl disaster, a United Nations report has called for an international fight against the resulting pollution.

The joint study involving agencies such as the UN Development Programme and the World Health Organisation has claimed that 2,000 people have been diagnosed with thyroid cancer because of the explosion, and as many as 8,000 to 10,000 cases are expected to develop it over the coming years.…

BY KEITH NUTHALL
EU health and consumer affairs Commissioner David Byrne has thrown a lyrical punch at Japan Tobacco International, which has taken the European Commission to the European Court of Justice over its restrictions on “light” and “low tar” descriptors.…

BY KEITH NUTHALL
THE INDONESIAN navy has dispatched three warships to the Malacca Straits following the release of International Chamber of Commerce’s Annual Piracy Report, which found they are still the most dangerous waters for commercial shipping in the world, the global business group claims.…

BY KEITH NUTHALL
THE EUROPEAN Commission has been given authority to negotiate a comprehensive “Governing International Fisheries Agreement” with the USA. EU ministers said Brussels officials should

Meanwhile, the EU Council of Ministers has agreed a regulation aiming at boosting cod stocks in the Irish Sea this year, protecting adult cod during the spawning season, notably enforcing an area closure from February.…

BY KEITH NUTHALL
THE INTERNATIONAL Court of Justice has announced five weeks of public hearings for a case between Nigeria and Cameroon, who are disputing their mutual maritime border. Nigerian troops currently occupy part of the disputed Bakassi peninsular, provoking the Cameroon government into launching the case, which calls for a fixing of the coastal and associated sea frontiers and the withdrawal of foreign forces.…

BY MONICA DOBIE, in Montreal
MITSUBISHI Motor Sales of Canada has announced it will move its operations into Canada in September, six months ahead of scheduled date. Greg O’Neill, executive vice president and general manager of Mitsubishi Motor Sales of America Inc.…