Search Results for: International business

BY RICHARD HURST
THE INVSTMENT arm of South Africa’s Chemical, Energy, Paper, Printing, Wood and Allied Worker’s Union has announced that it is to acquire a 7.24 per cent stake in Aspen Pharmacare, the country’s largest pharmaceutical group, for Rand 150 million.…

BY KEITH NUTHALL
THE INTERNATIONAL Labour Organisation has estimated that the aviation and associated industries have shed 400,000 jobs worldwide since September 11, because of the terrorist attacks themselves and ongoing global economic slump that they worsened. Jobs have been lost in airports, airlines, air navigation services, equipment manufacturers, catering companies and car rental facilities, said the ILO.…

BY KEITH NUTHALL AND MARK ROWE
ALTHOUGH the future of the controversial bilateral open skies agreements, struck between the United States and a string of European Union Member States, has been thrown into doubt by an advocate general of the European Court of Justice, this is by no means regarded as a disaster by Europe’s airport industry.…

BY KEITH NUTHALL
THE UNITED Nations’ general assembly has overwhelmingly voted to urge countries to support the International Atomic Energy Agency, (IAEA), in preventing acts of terrorism committed with nuclear and other radioactive materials. Delegates voted 150 in favour, with North Korea voting against and the Ivory Coast and Laos abstaining.…

BY KEITH NUTHALL
THE EUROPEAN Commission is exploring alternative conservation methods to protect EU cod after the independent International Council for the Exploration of the Sea recommended closing some EU cod fisheries to prevent stocks collapsing.…

BY KEITH NUTHALL
PORTUGAL has called for the resumption of EU funding of the International Olive Oil Council’s promotion of olive oil in non-EU countries with low demand, (including the USA, Australia and Japan). Payments were suspended over council tendering concerns.…

BY MONICA DOBIE
INVESTORS are being warned by the International Chamber of Commerce’s Commercial Crime Bureau (CCB) to stay clear of documents promoting deals using the good name of the ICC. Fraudsters are mentioning a fake standard called the “Modified Insurance Guarantee ICC 4081” in fraudulent documents relating to bank guarantees and letters of credit to add credibility to fictitious high yield investment schemes.…

BY KEITH NUTHALL
INTERNATIONAL technical guidelines promoting the safe disposal of plastic wastes have been issued, following a United Nations Environment Programme backed meeting in Geneva. Representatives from more than 100 governments focused especially on the problems caused by developing countries lacking the necessary legislation and facilities to cope with the ongoing dramatic growth in the quantity of plastic their waste disposal organisations have to deal with.…

BY KEITH NUTHALL
A MORATORIUM in the trade of illegally exploited Congolese minerals has been proposed by a panel of experts, which has examined how the stripping of resources by foreign military forces has prolonged the ongoing war in the country.…

Keith Nuthall
A 2-day conference ending yesterday (Wednesday) in London has posed

questions which should be a matter of top priority to any financial

services company today: how well did the overall financial system and

individual organisations cope with the disaster of September 11th and what

lessons can we draw about dealing with similar outrages in the future ?…