Search Results for: America

BY KARRYN MILLER

AS one of the world’s leading economic powers, Japan will be in a unique position if it adopts, as planned, international financial reporting standards (IFRS). If successful, on one hand, it could give the US the final push it needs to dovetail its financial reporting with global accounting standards; on the other, if things don’t work out, America may retreat back towards US GAAP.…

BY KEITH NUTHALL

THE EUROPEAN Commission has requested authorisation from European Union (EU) ministers to launch negotiations to forge an EU-Brazil air transport agreement. Despite 4.4 million passengers flying between the EU and Brazil annually, there is no EU-Brazil agreement, just bilateral deals with 15 of the 27 EU member states.…

BY PACIFICA GODDARD, ALAN OSBORN and KEITH NUTHALL

EUROPEAN automakers will be looking to boost exports to the Mercosur countries of South America, if they strike a trade deal with the European Union (EU). A resumption of negotiations on slashing tariffs for goods traded between the EU’s 27 member countries and the four-country Mercosur block, (Argentina, Brazil, Uruguay and Paraguay), has been announced by the European Commission, the EU’s executive.…

BY KEITH NUTHALL

EMERGING market economies have been pulling the global steel sector out of recession and China’s past role as a trade generator will be rivalled, if not exceeded by other growing economies, an Organisation for Economic Cooperation & Development (OECD) meeting has been told.…

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.…

BY ALAN OSBORN

BY its very nature, money laundering tells us that another crime is being, or has been committed. The detection of the act of money laundering itself is usually the handiwork of specialised Financial Intelligence Units (FIUs) but these often do not have the resources or the responsibility to investigate the predicate crime.…

BY KARRYN MILLER

BRITAIN has always been a trailblazer for the development of own-label, or private-label food brands. And two of its dominant supermarket chains Tesco and Sainsbury have been particularly innovative. Tesco’s private label food range holds the largest share of the UK’s private label market, with Sainsbury coming in at second place.…

BY KEITH NUTHALL

EUROPEAN meat importers will be looking to boost supplies from the Mercosur countries of South America, if they strike a planned trade deal with the European Union (EU). A resumption of negotiations on slashing tariffs for goods traded between the EU’s 27 member countries and the four-country Mercosur block, (Argentina, Brazil, Uruguay and Paraguay), has been announced by the European Commission, the EU’s executive.…

BY KARRYN MILLER

The success of Tesco and Sainsbury’s private label drinks products in Britain cannot be denied. In a time when many companies are tightening their belts and streamlining their product mix, these supermarket retailers are expanding their own-label (to use the standard UK term) drinks range – and consumers are benefiting.…

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.…