Search Results for: Colombia

CANADIAN tobacco majors have sought creditor protection after the Quebec Court of Appeal upheld two class action rulings, warning appellants Imperial Tobacco Canada Ltd, Rothmans, Benson & Hedges (RBH) and JTI-Macdonald Corp are liable to pay Canadian dollars CAD13.6 billion (USD10.2 billion) in damages to sick smokers.…

ANNOUNCEMENTS made at the Routes Americas conference for 2019 have demonstrated how the region’s civil aviation sector is expanding and providing more business to airports.

New Canadian low-cost carrier Jetlines, for example, unveiled plans to put conference host Quebec City on its route network when it begins operating later this year.…

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling on whether retaliatory duties imposed by the European Union (EU), on US knitwear exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

MPs in Canada have returned to their House of Commons after the traditional summer break, when they are expected to vote on a draft law, the Cruelty-Free Cosmetics Act, that would ban the testing of cosmetics and their ingredients on annals in Canada and block the sale of personal care products that have been assessed using such techniques.…

FACED with ever tightening restrictions on production, marketing and distribution, the tobacco sector is keeping a close eye on how the legalisation in Canada of another largely smoked product – cannabis – rolls out. On October 17, 2018, the consumption and cultivation of cannabis in Canada will become legal, making it the first G7 country to legalise recreational cannabis nationwide.…

A new report from Transparency International has found that only 11 major exporting countries in the world significantly punish companies that pay bribes abroad. The report, called ‘Exporting Corruption’, also found that more than half of world exports come from at least 33 jurisdictions, including several European Union (EU) member states, where companies that export corruption along with their goods and services face weak consequences. …

AML compliance departments are having to take an increasingly close look at any transactions involving Venezuela, as its authoritarian government attracts increasingly large numbers of international sanctions.

The European Union (EU) in June sanctioned 11 senior Venezuelan officials following the May re-election of President Nicolas Maduro in polls that the EU said were “neither free nor fair and…lacked any credibility…”

The sanctions – see https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32018D0901&from=EN…

AN INNOVATIVE air traffic management switch from land-based ATC services using classic vectoring, to a performance-based navigation (PBN) arrangement using airliner satellite positioning and RNP-AR (required navigation performance – authorisation required) has dramatically increased the traffic capacity of El Dorado International Airport, Bogotá, Colombia.…

THE DEPUTY Premier of Québec this morning committed her government to helping the Canadian province’s aluminium sector preserve its current level of employment in the face of the American tariffs that have hit the industry since last Thursday.

Speaking at an international aluminium summit in Montreal, Canada, Dominique Anglade said: “If there’s a risk of a reduction in production and not being able to export as much, we will be here to support the companies to make sure they maintain the jobs in the sector.”…

THE LATIN American personal care product market, buffeted in recent years by economic and political instability, looks back on track, with trouble-spots such as Venezuela being very much an exception to overall progress.

Data released by market researcher Euromonitor International has said that the region’s beauty and personal care product sales in 2017 topped USD65 billion in 2017, growing by 42.5% between 2012 and last year.…