Search Results for: Canada

BY RAGHAVENDRA VERMA

India’s drinks industry was not harmed badly by the recession, with domestic sales soft drinks and juice production all growing steadily throughout 2009, according to a recent Euromonitor report. In the soft drinks sector, Coca-Cola was the clear leader with Pepsi close behind, but several Indian companies such as Parle Agro, Parle Bisleri Ltd and Dabur India Ltd proffered some healthy competition.…

BY KEITH NUTHALL

ON January 12, Haitian accountant Kenny Laforest, 32, was having a normal day in Port-au-Prince. He had just started driving home having left his office when the earthquake that devastated his country struck. Speaking to Accountancy Age from the Haitian capital, he recalled: "I had just finished working.…

BY GERARD O’DWYER

KASTRUP airport (KKA) in Copenhagen is a Nordic airport with ambition: not only is it strengthening its position as the Scandinavian hub for regional and international traffic, it is also focusing on capital projects to become the leading Nordic destination for European low fares airlines.…

BY EMMA JACKSON

THE CANADIAN book industry has said it is "disappointed but not surprised" after the Canadian government approved US-based Amazon’s proposal to establish a physical presence in Canada, opening a warehousing and delivery centre.

Canadian Booksellers Association executive director Susan Dayus told The Bookseller: "I don’t think that it was a surprise", citing "the way the government spoke…about free trade and opening our doors" during a recent opening of a parliamentary session.…

BY GEORGE STONE

THE DEMOCRATIC Republic of Congo (DRC) is moving towards giving permission to a consortium led by Irish independent Tullow Oil to develop oil and gas production on its side of Lake Albert, government officials have signalled. Kinshasa, DRC’s capital city, is currently a minnow in Africa’s oil producer’s league, pumping just 25,000 barrels per day (bpd) while the continent’s leading exporters Nigeria and Angola are hitting the 2 million bpd mark.…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) is now allowing air transfer passengers passing through its airports to final destinations in EU member states to carry duty free perfume, if they flew from the USA and Canada. Passengers must use sealed, tamper evident bags with receipts proving the scent was purchased 36 hours previously, or earlier.…

BY KEITH NUTHALL

A REVIEW of the World Trade Organisation’s (WTO) compulsory licensing system for generic medicines in health emergencies will be staged this October. The chair of the WTO’s TRIPs council (trade-related aspects of intellectual property rights) is consulting member countries about whether to hold a preparatory workshop on the issue.…

BY ALISON MOODIE

SUB-SAHARAN Africa is still struggling to make its way in the global textile and clothing industry – but companies are convinced that without the USA’s African Growth and Opportunity Act (AGOA) the outlook would be bleaker. One decade ago this May, this tariff preference programme was launched by the US: it gives qualifying African countries zero tariff exports for the huge US market – and statistics show that the sub-Saharan textile and clothing industry has benefited.…

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 KEITH NUTHALL

CANADA’S EnerGulf has secured a two-year extension to its four-year-old exploration licence to drill for oil off the northern coast of Namibia, by the Angola border. Two hydrocarbon prospects, (the Kunene and Hartmann), have been identified by seismic studies and test drills.…