Search Results for: International business

BY MARK ROWE
TOYOTA Motors is considering buying up Inchcape Motors, a Singapore subsidiary of the world’s largest motor agency, Inchcape plc. The deal is dependent on a proposed delisting of Inchcape Motors, which distributes Toyota and Suzuki in the Asian island state.…

BY KEITH NUTHALL
AN EXPERT commission established by the Council of Europe has made detailed recommendations about how to fight money laundering in three east European countries where criminals have exploited weak state structures to hide their illicit profits: Albania, Georgia and Moldova.…

BY KEITH NUTHALL
THE UNITED States government has informed the disputes settlement body of the World Trade Organisation that it “intended to comply” with the final Havana Club ruling issued at the start of this year, although it warned diplomats that it “would require for that purpose a reasonable period of time.”…

BY MONICA DOBIE, in Montreal
THE INTERNATIONAL Civil Aviation Organisation (ICAO) has endorsed a mandatory global air industry security audit, checking standards in all its 187 member states. The initial cost of the ICAO Aviation Security Plan of Action is US$ 17 million, agreed a High-Level Ministerial Conference held in the organisation’s Montreal headquarters.…

BY KEITH NUTHALL
THE INTERNATIONAL Labour Organisation has released a report detailing how employment in the global oil and gas sectors has “shrunk dramatically” over the past 25 years. Citing “changing corporate structures and privatisation” as key reasons for the change, the Geneva based UN agency says that in the US alone, worker numbers slumped from a peak of 1.65 million workers in 1982 to roughly 640,000 by 2000.…

BY KEITH NUTHALL
THE Indian cabinet is discussing a new national policy for food processing, which would pave the way for a Processed Food Development Authority. New Delhi is considering the rationalisation of Indian food legislation, currently divided into a plethora of laws, including those relating to the environment, marketing, grading and control.…

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
AS acts of international largesse go, the expansion of the European Union eastwards and southwards must rank as being one of the most generous in history. With research estimates claiming that the size of the EU budget will soar to accommodate the needs of the former communist republics, (plus Cyprus and Malta), we are talking Marshall Plan here; billions of Euro’s being transferred from national coffers in western Europe to the east, via Brussels.…

BY MONICA DOBIE, in Montreal
SCI-FI flicks, the likes of Terminator II and Total Recall, feature futuresque scanning of objects and people to verify if they were porting any dangerous weapons or were lying about what they carrying in suspicious bags; now, this kind of portable and instant inspection has made it from the big screen to current security technology used daily in customs screenings.…

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.…