Search Results for: America

BY PHILIP FINE

AMERICA’S Environmental Protection Agency says that US ethanol producers may be violating the country’s Clean Air Act. In a letter to the industry, the EPA said "most, if not all" US ethanol producing plants are releasing volatile organic compounds into the air.…

BY PHILIP FINE

DESPITE 10.5 million vehicles reaching the end of their useful lives each year in the United States, the country has enacted no federal laws concerning car recycling. There have, however, been new binding rules emerging at state level.…

BY MARK ROWE
THE BEST selling international brand, Lucky Strike, launched in 1871, is older than BAT and its eye-catching bull’s eye remains one of the oldest trademarks in the world. It is sold in some 90 countries and is BAT’s premier global brand for the key ASU30 segment of the market, particularly with urban smokers.…

Keith Nuthall
A EUROPOL-led crackdown on illegal immigration through international airports in Europe has netted 410 migrants trying to illegally enter the EU. Those arrested in the one-day swoop were mainly from China, South America and Africa. More than a quarter were detected at Paris airports; other important entry points were airports in Madrid and Dublin.…

BY KEITH NUTHALL
THE WORLD Bank’s International Finance Corporation has agreed to reschedule US$204 million of its loans to Star Petroleum Refining Company Limited, Thailand, which is 64 per cent owned by Chevron-Texaco. The Thai company’s overall debt is US$549 million.…

BY MONICA DOBIE
CANADIAN oil companies have criticised a recently passed bill in the US Senate that would set a floor price for Alaska gas, which could spark a trade dispute between Canada and America. Ron Brenneman, CEO of Petro Canada said: “… that represents a form of subsidy for gas from one particular source in north America.…

BY ALAN OSBORN
CIGARETTES have changed a great deal in recent years though not all smokers may realise by just how much. Once it was commonplace to roll your own, using local tobaccos. Today the market is dominated by filters and international brands, many of them ranking among the world’s best-known consumer products.…

Keith Nuthall
A WORLDWIDE poll of 1,000 business experts has revealed overwhelming global support for the idea of agreeing uniform international accounting principles. The survey, staged by the International Chamber of Commerce and the Munich-based Ifo Institute, revealed that the experts generally considered uniform principles were either “very important,” (51per cent), or “important,” (46 per cent), for achieving higher standards.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank has announced that it is investing US$100 million in Coumbian insurance and finance company the Suramericana Group; the investment is one of the most comprehensive projects ever undertaken by the IFC in Latin America.…

BY MARK ROWE
THE INTERNATIONAL Monetary Fund is to help set up an Islamic Financial Services Board to regulate and lay down standards for financial transactions throughout the Islamic world. A key aim of the project is to incorporate the special insurance tenets that exist in the Islamic business world into the wider capitalist system.…