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10 results out of 416 results found for 'accountancy⊂mit=Search'.
CORRUPTION IN KENYA: A BARRIER TO FOREIGN INVESTMENT
BY ALYSHAH HASHAM
KENYA, and its capital Nairobi, is the business hub of east Africa. It also has the reputation of being one of the world’s most corrupt places – a place where bribery is an accepted part of doing business.…
STRIKES NOT YET DETERRING AUTO INDUSTRY EXPANSION IN CHINA
BY WANG FANGQING
THE RASH of strikes that have hit China’s auto sector are certainly insufficient to persuade manufacturers to scale back their expansion plans, but the long term lessons are clear: China is no longer a bargain basement labor market of placid easily-pleased workers.…
ANTI FOULING PAINTS BECOME OCEAN FRIENDLY
BY MARK ROWE
ANTI-FOULING paints prevent barnacles, algae and other marine organisms attaching themselves to the hulls of ships and help reduce drag. Yet increasing concern about the impact of organotin ingredients, such as the pesticide tributyltin-oxide (TBT), on the marine environment has prompted the development of a new generation of green paints.…
COUNTRIES EDGE TOWARDS DEAL ON GLOBAL TREATY ON TRADE IN ILLICIT TOBACCO PRODUCTS
BY DANIEL PRUZIN
REPRESENTATIVES from around 160 countries are moving toward clinching a deal on new World Health Organisation (WHO) Protocol on Illicit Trade in Tobacco Products, which could be wrapped up within the next 12 months. Unlike its predecessor, the Framework Convention on Tobacco Control (under whose authority this latest agreement is being negotiated), the protocol is something of a mixed blessing for the tobacco industry.…
COURT PROCEEDINGS LAUNCHED FOR ALLEGED ITALIAN BOND ISSUE FRAUD
BY ERIC LYMAN
THE TRIAL of 11 international bankers and two officials from the City of Milan got underway on May 19 in connection with a series of 2005 bond issues in which the parties are accused of generating as much as Euro EUR100 million in illegal fees and interest.…
WOMEN EXECUTIVES START TO CRACK GLASS CEILING IN TOBACCO INDUSTRY
BY ANDREW CAVE
ALISON Cooper’s accession to chief executive of Britain’s Imperial Tobacco last month (May) put the UK tobacco industry in an unfamiliar position as the 43-year-old mother-of-two became just the fifth female chief executive in the flagship FTSE100 index.…
COSMETICS FIRMS CANNOT TELL GOOGLE TO STOP COMPETITORS QUOTING THEIR MARKS - ECJ
BY KEITH NUTHALL
ESTABLISHED cosmetics firms cannot tell Google to ban the use of their trademarks by rivals as keywords in search engine services, the European Court of Justice (ECJ) has ruled. Judges said Louis Vuitton Malletier could not require Google to prevent third parties using its mark in its ‘AdWords’ service, allowing rivals’ websites to appear as highlighted links in searches on the French company’s name.…
SWEDEN AND AUSTRIA GET EXTRA YEAR TO SPEND EU AUTO INDUSTRY FUNDING
BY KEITH NUTHALL
THE SWEDISH and Austrian governments have been given an additional year to spend the Euro 15.6 million in earmarked European Union (EU) subsidies for the auto sector previously announced by the European Commission.
These payments – Euro 9.8 million for Sweden and Euro 5.7 million for Austria – come from the EU’s Globalisation Adjustment Fund, which is designed to help industries hit by unavoidable international competition.…
EX-SOVIET STATES STRUGGLE TO COMBAT ANTI-MONEY LAUNDERING
BY MARK ROWE
RUSSIA’S near abroad appears to offer an A-Z of both money laundering activities – from low level corruption to more sinister opium-based profits – and of the wide spectrum of governmental attitudes towards tackling the problem.
"While Russian and Ukrainian gangs have a presence in a lot of the activity in the region, most money laundering is still done by indigenes," said Mark Galeotti, of the Centre for Global Affairs at New York University (NOTE – SPELLING IS CORRECT).…
COCOA GENOME MAP COULD SAVE INDUSTRY
BY MARK ROWE
SEQUENCING the human genome has brought widespread interest and the potential for treatment of diseases, but confectionery industry researchers are increasingly applying this technique to key components in the food chain. One of the most high-profile sequencing programmes gathers pace this year, as Mars continues the sequencing of the cocoa genome, a project it is working on with the US department of agriculture’s subtropical horticultural research substation and IBM.…