Search Results for: Australia

BY WANG FANGQING

CHINA will continue to crack down money on laundering in the next two years with a heavy hand, according to the nation’s central bank and financial intelligence unit, the People’s Bank of China (PBC). The bank announced a new five-year anti-money laundering strategy, beginning in 2008 and running to 2012, at a conference held in Beijing at the end of December 2009.…

BY ALAN OSBORN, EMMA JACKSON, PAUL COCHRANE and JULIAN RYALL

INTRODUCTION

Professionalisation is a key trend in today’s drinks sector, particularly as export markets are growing fast in emerging markets. With brand loyalty up for grabs, it is critical for alcoholic drinks producers especially to maintain and raise quality.…

BY MARK ROWE and KEITH NUTHALL

THE RUSSIAN government is welcoming anticipated talks with the European Union (EU) to negotiate a nuclear partnership agreement that would facilitate nuclear trade and exchange of knowledge on safety issues. The EU’s executive arm, the European Commission was given a mandate to begin talks just before Christmas, and the new college of commissioners taking office for five years this month (February) will be responsible for moving the process forward.…

BY PHILIPPA JONES

FRANCE’S nominee as the next European Union (EU) internal market Commissioner has said he will press ahead with plans to impose regulatory controls on Europe’s financial sector, at a European Parliament hearing last night.

Questioning Michel Barnier during a three-hour grilling in Brussels, Godfrey Bloom UK Independence Party (UKIP) MEP for Yorkshire and North Lincolnshire pleaded for the City of London and its financial institutions to be left alone.…

BY KEITH NUTHALL

THE UNITED States is claiming victory in a trade dispute with China, after Beijing announced it would scrap subsidies for products including body lotion, liquid detergent, soap and fancy soap. Washington had argued these China-christened ‘famous brands’ handouts were export subsidies banned by the World Trade Organisation (WTO).…

BY DEIRDRE MASON, PACIFICA GODDARD, GAVIN BLAIR and KEITH NUTHALL

NEW technologies devour new resources and the move towards hybrid and electric vehicles could make some currently impoverished countries rich. As the world moves away from fossil fuels, the soft metal lithium will become increasingly in demand as a critical component of auto batteries for green cars.…

BY RAGHAVENDRA

INTRODUCTION

"INDIA can emerge as a leader in the global food processing industry," said Indian Prime Minister Manmohan Singh in December 2009 while addressing a conference of food processing ministers of different Indian states in New Delhi, noting the country’s US$100 billion food processing sector grew by 14.7% in 2009.…

BY DEIRDRE MASON, PACIFICA GODDARD, GAVIN BLAIR and KEITH NUTHALL

NEW technologies devour new resources and the move towards hybrid and electric vehicles could make some currently impoverished countries rich. As the world moves away from fossil fuels, the soft metal lithium will become increasingly in demand as a critical component of auto batteries for green cars.…

BY MARK ROWE and KEITH NUTHALL

THIS April, the UK will launch a feed-in tariff for electricity, which the government said will accelerate take-up of green energy among the general public. According to the European Commission’s energy directorate-general, the European Union (EU) already uses at least 20% more energy than is justified, which has led to twin concerns – the need to reduce consumption of fossil fuels and to encourage consumers to switch to green energy tariffs and sources.…

BY ANCA GURZU, MARK ROWE, PAUL COCHRANE AND KARRYN MILLER

THE COPENHAGEN conference on global warming may failed to have delivered a comprehensive global warming deal, but it did at least highlight an international consensus on the need to fight climate change and conserve energy: as a result, the global sales of paints and coatings that reflect heat and hence reduce the need for air conditioning are likely to rise.…