Search Results for: International business

BY KEITH NUTHALL
THERE has been a lot of talk about water in international meetings and organisations this year. Report after report has spelt out a gloomy message: we are all using too much water and if reforms do not make systems more sustainable, then a thirsty future beckons.…

BY KEITH NUTHALL
MASSACRES in the Democratic Republic of the Congo’s (DRC) civil war and the murky business dealings that have fuelled the conflict are to be the first focus of the International Criminal Court (ICC), its chief prosecutor Luis Moreno-Ocampo has said.…

BY KEITH NUTHALL
NON-FERROUS metal producers in the existing 15 European Union (EU) countries could see some lowering of labour costs after enlargement of the EU next year as low-paid Polish and other workers move into the higher wage countries like Germany, according to industry sources.…

BY MARK ROWE
RUSSIA’S Vsampo-Avisma Group, Europe’s top titanium producer, is planning to sell as much as 27 per cent of its stock at an initial public offering on foreign exchanges. Moscow-based Troika Dialog brokerage will advise on the sale, according to Vsmpo-Avisma’s deputy general director Vyacheslav Bresht.…

BY KEITH NUTHALL
THE INTERNATIONAL Maritime Organisation has approved a significant tightening of its MARPOL convention regarding the phasing out of certain oil tankers, although it has postponed many formal decisions on the issue until a key meeting in December. Following political pressure – especially from the EU – IMO’s Marine Environment Protection Committee agreed to bring forward from 2005, from 2007 the phasing-out of ‘category 1’ tankers delivered before the MARPOL convention came in force in 1982.…

BY ALAN
International insurance cover for nuclear risk is to be extended in the EU following a decision by the European Commission to approve a new protocol amending the Paris Convention. This will allow the concept of nuclear damage to cover damage to the environment, non-material damage and the cost of safeguard measures and will extend geographical scope to cover third countries that are not parties to the Convention such as Ireland and Luxembourg.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$15 million’s worth of Indian rupees to sugar company Balrampur Chini Mills Limited, partially financing the construction of a new integrated greenfield sugar mill, processing 4,000 tons of cane a day, in Haidergarh, Uttar Pradesh.…

KEITH NUTHALL
THE NEWLY re-named international Aquatic Animal Heath Standards Commission (formerly the Fish Diseases Commission) has warned of an outbreak of infectious haematopoietic necrosis amongst farmed trout in Austria. So far 3,500 fish have died or been culled at a farm in Salzburg province, with the commission saying 8,400 fish are vulnerable to exposure, it said.…

BY KEITH NUTHALL
THE EUROPEAN Commission has formally asked EU ministers to approve a new protocol to the Paris Convention on international nuclear insurance, allowing a significant extension of cover via a tough hike in the third party liability of power stations.…

BY ALAN OSBORN
THE EUROPEAN Commission has formally asked EU ministers to approve a new protocol to the Paris Convention on international nuclear insurance, allowing a significant extension of cover. Brussels says this may now be widened to cover damage to the environment, non-material damage and the cost of safeguard measures.…