Search Results for: International business

BY KEITH NUTHALL
A TURKISH-OWNED chain of Russian shopping malls and supermarkets is to receive a US$70 million loan from the World Bank’s International Finance Corporation to almost double the company’s retail space in the country. Ramenka already operates four shopping malls and 10 supermarkets in the Moscow area under the name Ramstore.…

BY KEITH NUTHALL
THE MOVE of the secretariat of the International Cocoa Organisation to Abidjan, Ivory Coast, from London, has been postponed because of the political and military turmoil in the country. The decision to go ahead with the move had only been taken this May.…

Keith Nuthall
THE EUROPEAN Investment Bank (EIB) has unveiled plans to lend the Polish Airports State Enterprise, (Przedsiebiorstwo Panstwowe Porty Lotnicze) Euro 200 million to construct a second terminal at Warsaw International Airport, Poland. The project should enable the airport to accommodate existing and rapidly rising demand for air transport in Poland, and, said an EIB note “contribute to Poland’s integration into the EU, and to strengthening transport links between the EU and Poland.”…

BY KEITH NUTHALL
THE EUROPEAN Commission has authorised the acquisition by German chemicals firm Celanese AG of the emulsions and emulsion powders business of Swiss company Clariant AG. Concluding that the deal does not raise any competition concerns within the European Union, Brussels cleared the takeover without conditions.…

BY KEITH NUTHALL
THE INTERNATIONAL Chamber of Commerce (ICC) has called on the European Union and its Member States to scale down and harmonise requirements that they are making on businesses to store Internet and e-mail traffic data to help police and intelligence services fight organised crime and terrorists.…

BY KEITH NUTHALL
THE EUROPEAN Commission has ordered the British government to reform Gibraltar’s offshore company taxation rules by ensuring its ‘Exempt Company’ regime is phased out by December 2005 at the latest. Its action follows an inquiry, which led to the Commission concluding that the tax system constituted illegal state aid, banned under EU law because it unfairly favours one European company over another.…

BY KEITH NUTHALL
THE NEW International Code for the Security of Ships and Port Facilities, agreed by an International Maritime Organisation (IMO) Diplomatic Conference, held in London, last month (Dec) aims at reducing the industry’s exposure to terrorist attacks and resulting damage.…

Keith Nuthall
THE HIGH risk of healthcare workers worldwide becoming victims of violence has sparked four international organisations into drawing up guidelines advising managers on how to reduce the exposure of their staff to physical attack or threats.

These draft Framework Guidelines for addressing Workplace Violence in the Health Sector are being produced by the International Labour Organisation (ILO), the World Health Organisation (WHO), Public Services International (PSI) and the International Council of Nurses (ICN).…

BY MATTHEW WELLS
A UNITED Nations (UN) envoy is urging the Saudi Arabian government to speed up an unprecedented, yet tentative, judicial reform process.

Speaking after a week-long mission to the country, the UN’s Special Rapporteur on the independence of judges and lawyers, Dato Param Cumaraswamy, said the kingdom’s legal system was improving following the introduction of a new criminal procedure code in May.…

BY KEITH NUTHALL
A RESTRICTED trade in wool from captured wild vicuna in Argentina, Bolivia and Chile has been approved by a conference of parties to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

The United Nations (UN) convention’s members agreed in Santiago, Chile, to lift a ban in trading these small beasts “for the purpose of allowing international trade in wool sheared from live animals…bearing the label vicuna Argentina, Bolivia or Chile.”…