Search Results for: America

THE ONGOING legalisation of marijuana in the United States and Canada offers the tobacco industry some significant opportunities. This includes both increased consumption and also investment in tobacco sector suppliers such as vaporiser manufacturers.

As of this March, the US states of Colombia, Washington and Alaska had also legalised recreational use of marijuana and Oregon is well on its way to full legalisation.…

Leading Russian oil and gas producers, along with the national government, are considering investing up to Russian Roubles RUB100 billion (USD1.4 billion) into developing drilling and related upstream technologies during the next several years, amidst an shortage in technology supplies.

Prior to the sanctions war between Russia and Western countries sparked by the Ukraine crisis, the majority of drilling technologies were imported into Russia.…

Africa’s largest carrier, Ethiopian Airlines, is to have a EUR110 million world-class cargo terminal built to boost its freight handling capacity by fourfold – a move that will confirm Ethiopia’s position as Africa’s main trans-shipment destination.

The new cargo hub, which is being designed by German engineering firm Unitechnik Group, will be the size of five football grounds and be able to shift 600,000 tonnes of freight a year at the Addis Ababa Bole International Airport.…

Boxes are not known for their excitement, but personal care product companies are making secondary packaging more alluring by designing them to give consumers an enticing glimpse of the goods inside. They are also using their collective imaginations to create aesthetically desirable mixes of different materials and textures, maybe combining these with visually arresting spatial design.…

Australian and New Zealand confectionery and ice cream manufacturers have been broadly supportive of the Trans-Pacific Partnership (TPP) agreement that was finalised towards the end of 2015, recognising the potential for securing export sales in lucrative Asian markets. That said, there is some caution, given the TPP delivers more potential for America’s juggernaut of a confectionery sector to roll into local stores.…

The Chilean chocolate market grow by almost 11% annually over the last four years to hit 2.4 kilogrammes annually per head during 2014, with Chile’s consumption overtaking Argentina for the first time, according to data from market analysts Nielsen. But while overall consumption is growing, Chileans are also becoming increasingly sophisticated in their tastes, which has given rise to a growing market for gourmet chocolates, both locally produced and imported.…

Considering the ongoing doldrums within the global economy, 2015 was not a bad year for South Korea’s coatings manufacturers. The sector’s cautiously positive sentiment mainly survived because Korean coatings consumption has been boosted by a domestic construction boom that made up for lacklustre demand from the east Asian export powerhouse’s carmakers and shipbuilders.…

Bangladesh’s imports of scrap metal has risen sharply as local steel millers turn to billet production, bolstering supplies encouraged by growing demand for finished products, Steel First has learnt.

Industry insiders said the south Asian nation imported around 1.5 million tonnes of steel and iron scrap in 2015 and estimates suggest that annual imports could surge to around 2.5 million tonnes by the end of this year.…

A CASE brought by American lawyers against the HSBC, alleging they were responsible for attacks of victims of Mexican drug cartels might broaden the definition of ‘terrorist’ under US law to include drug traffickers.

St Louis-based Elias Gutzler Spicer LLC has brought suit at the US District Court, Southern District of Texas (Brownsville).…

While January 6 (2016) was a big day for Chile’s fight against money laundering, with a major money laundering case drawing to close, there is concern that the country’s anti-money laundering (AML) efforts are actually weakening.

After eight years of investigation, Santiago’s 34th Criminal Court handed down the first sentence against eight individuals in the country’s largest ever money-laundering cases.…