Search Results for: International business

BY RICHARD HURST
A PROCESSING plant that will convert solid waste from beer brewing into paper and pulp products is to be constructed near Pretoria, South Africa, a location selected for its easy access to export freight facilities at the country’s Johannesburg International and Wonderboom airports.…

BY KEITH NUTHALL
WHAT could be more straightforward or fairer, you might think, than the European Union’s veterinary and phytosanitary agreements with non-member countries?

The idea is that each party pledges that the food it exports to the other – be it derived from animals or plants – meets the requirements of its own food safety legislation and that this is then taken on trust by the receiving country.…

KEITH NUTHALL
THE CREATION of a hydro electricity joint venture by German electricity giant E.ON and Austrian electricity producer Verbund has been approved by the European Commission; European Hydro Power will produce electricity for its parents, which will continue to sell the power separately to their customers in Germany and Austria.…

BY KEITH NUTHALL
THE FUTURE of US tariff preferences for Cambodian clothing exports looks guaranteed for another year, after an International Labour Organisation gave the country another relatively clean bill of health regarding working standards in its garment industry. While stressing problems regarding wages, overtime and unions, the UN agency concluded improvements were made to working conditions in various factories following earlier reports.…

BY RICHARD HURST
SOUTH African National Ports Authority chief executive Siyabonga Gama has announced that the re-release of tenders for the building of a ship repair facility at the Richard’s Bay port, in Kwazulu-Natal, would be issued early in March.

Its construction is expected to cost between Rand 2 billion, (Pounds 122 million), and 5 billion, (307 million), directly creating 400 new jobs with an estimated 1,200 indirect jobs being generated in varied fields such as steel, electrical engineering and shop fitting.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIA is planning to open an international airport serving Buddhist pilgrims visiting the site of the Buddha’s enlightenment, in the undeveloped state of Bihar, which would receive flights from around the world, unrestricted by bilateral agreements.

New Delhi and the Bihar state government have identified land for the development, between the religious site of Buddha Gaya and nearby Gaya town.…

BY KEITH NUTHALL
THE EUROPEAN Commission has fined Britain’s Britannia Alloys & Chemicals Ltd, James Brown Ltd and Trident Alloys Ltd, plus Germany’s Heubach GmbH & Co. KG, France’s Société Nouvelle des Couleurs Zinciques S.A., and Norway’s Waardals Kjemiske Fabrikker A/S a total of Euro 11.95 million for participating in a price-fixing and market-sharing cartel in zinc phosphate.…

BY ALAN OSBORN
THE EUROPEAN Commission today (Tuesday) formally proposed that the European Union ratifies the Rotterdam Convention procedure regulating the shipping of hazardous chemicals in international trade, and at the same time proposed that the EU goes further by covering a wider range of chemicals than contained in the Convention.…

Keith Nuthall
CANADA’S ice-wine industry has suffered a serious blow because of unseasonably mild winter weather. Most wineries in the Niagara on the Lake region in Ontario will see a decline of 50 per cent or more in their ice-wine grape yields.…

BY KEITH NUTHALL
THE PORT of Durrës, in Albania – one of Europe’s poorest countries – is to receive a much needed financial shot in the arm of Euro 17 million from the European Investment Bank, which will pay for the rehabilitation and upgrading of cargo handling facilities and quays.…