Search Results for: German

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is leading an aid deal to encourage local companies to maintain and manage pipelines sending natural gas and oil from central Asia to the European Union. The IFC, (which is initially injecting US$250,000), BP, Norway’s Statoil, GTZ, (the German aid agency), and the Baku Enterprise Centre, Azerbaijan, will launch a programme to help local businesses benefit from petro- projects, notably the Baku-Tbilisi-Ceyhan pipeline to Turkey.…

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has drawn up plans to finance a range of renewable energy projects in Germany. Up to Euro 200 million would be invested, mainly in wind power plants, and to a lesser extent geothermal, small-scale hydro power, solar energy and biomass based energy projects.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIA’S Venkatesh Coke and Power Ltd. has announced that it has secured a sales contract for selling coke to Germany’s RAG from its planned 110MW power station in Trincomalee, Sri Lanka, which will import 1.2 million tonnes of coking coal per year, mostly low ash coal from Australia.…

BY ALAN OSBORN
THE EUROPEAN Union’s revised take-over directive is facing new obstacles following an unexpected decision by Britain to side with Germany in opposing a number of key aspects of the proposal. Thus far Germany has been alone in rejecting provisions in the draft directive, which would limit national mechanisms to frustrate take-over bids.…

BY KEITH NUTHALL
THE EUROPEAN Court of Justice has thrown doubt on the legality of national food quality marks within the European Union (EU), through a judgement ruling that a ‘Markenqualität aus deutschen Landen’ (quality label for produce made in Germany) scheme breaks EU freedom of trade rules by excluding products made out of its home country.…

BY MONICA DOBIE
THE CANADIAN government has stepped up to the baseball plate in response to calls from domestic and international law enforcement agencies that it raises its game in detecting, deterring and preventing money laundering, especially and terrorist financing. The result has been three new regulations that were brought into effect in January of this year.…

BY KEITH NUTHALL
THE EUROPEAN Court of Justice has thrown doubt on the legality of national food quality marks within the European Union (EU), through a judgement ruling that a ‘Markenqualität aus deutschen Landen’ (quality label for produce made in Germany) scheme breaks EU freedom of trade rules by excluding products made out of its home country.…

BY KEITH NUTHALL
THE EUROPEAN Union’s anti-fraud unit OLAF has said it took part in preliminary investigations leading to the raids on Imperial Tobacco’s German subsidiary Reemtsma, which uncovered evidence involving allegations of cigarette smuggling. OLAF said it “welcomes the actions undertaken by the German judicial and Customs authorities to investigate the activities of a number of managers of a cigarette manufacturer in the regions of Hamburg and Stade,” adding it would “continue to make itself available to the German authorities for any further action that they consider necessary.”…

BY KEITH NUTHALL
AGREEMENT on legislation lowering the maximum level of sulphur content in European Union (EU) diesel and petrol to 10 ppm has been struck by the EU Council of Ministers and the European Parliament. They agreed these low sulphur fuels must be available throughout the EU from January 1, 2005, and mandatory from January 1, 2009.…

BY KEITH NUTHALL
THE EUROPEAN Commission has struck a deal with Audi over a system of choosing and authorising repair shops in its network that Brussels will use as a model for other manufacturers trying to follow the European Union’s new block exemption regime.…