Search Results for: International business

BY PHILIP FINE

THE USA’s Abbott Laboratories has announced it will eliminate 2,000 jobs as a

cost-cutting measure. The Chicago-area based pharmaceuticals company, will close

10 facilities worldwide, but has not yet disclosed their locations. The restructuring is targeted at both the international and diagnostics divisions, the latter of which has been under regulatory scrutiny for quality-control issues.…

BY PHILIP FINE

WHILE it may seem that big brand names have been shut out of American confectionary shelves of health stores, in reality several multinational food giants have been very actively pursuing the organic foods sector, albeit through the back door.…

BY KEITH NUTHALL
FRANCE’S Suez and the United Nations Education, Scientific and Cultural Organisation (UNESCO) have launched a joint drinking water improvements programme that will provide around Euro 300,000 in its first three years and will initially concentrate on the Volga-Caspian region.…

BY MONICA DOBIE
THE BUSH administration has told the Canadian government – bluntly – that if it wants to sue big US tobacco companies it must do it in Canadian courts, not American.

Washington has urged the US Supreme Court to reject Canada’s bid to revive its US$1 billion civil lawsuit against R.J…

BY KEITH NUTHALL
FRANZ Fischler has given himself a tough job; trying to persuade dairy farmers it is time to expose themselves to unfettered world markets when prices are at rock bottom, while facing hostility to further CAP reform from some European Union governments, notably France.…

BY KEITH NUTHALL
AN INTERNATIONAL convention improving the right of access by children to separated parents who live in different countries is expected to become European law, with the European Commission proposing that the European Union signs up to its terms.…

BY KEITH NUTHALL
THE INTERNATIONAL community is expected to make solid progress towards the creation of a United Nations Convention against Corruption, during the ongoing third meeting of the ad hoc committee established to draft the treaty.

This session, which lasts until October 11 will especially focus on corruption within the private sector.…

BY MONICA DOBIE
CANADIAN publishers are licking their wounds after a summer ill spent with paperwork, lawyers fees and frustration because of the crash of Jack Stoddart’s General Publishing Co. Ltd. and its book distribution arm, General Distribution Services Ltd. (GDS), which filed for voluntary bankruptcy last month at an Ontario court.…

BY MATT WELLS, in New York
A NEW survey of business leaders in the United States carried out by the security professionals’ organisation ASIS International, PricewaterhouseCoopers, and the US Chamber of Commerce has indicated that around US$59 billion dollars-worth of intellectual property and information were stolen in America over the year to last June.…

BY MONICA DOBIE
PHANTOM ships may become less common on the high seas because of a Commonwealth-based law dating back to 1906, that was recently invoked for the first time in a Hong Kong court.

Section 44 of the Chinese territory’s Marine Insurance Act (MIA) says that a theft liability risk does not attach to a ship’s cargo if the ship’s managers had no intention from the outset of sailing to an agreed destination; it was used to defeat insurance claims made against mainland-China based and state-owned defendant China Insurance Company Limited by the owner of missing cargo worth US$2.5 million aboard the merchant vessel, the Pacifica.…