Search Results for: Canadian

BY KEITH NUTHALL

CANADIAN oil company Bankers Petroleum Ltd will help clean up southern Albania’s polluted Patos Marinza oilfield, after the World Bank’s International Finance Corporation (IFC) lent the firm US$50 million to help expand its holdings. Bankers’ work will be assisted by an additional IFC US$5 million special purpose environmental works loan for reducing contamination and pollution.…

BY KEITH NUTHALL

EUROPEAN Union (EU) consumer alert network RAPEX has released a series of warnings about north American personal care products. Notably, it has told of seizures in Italy of a Canadian talcum powder called ‘Spring Fresh’ that contained arsenic, which is banned under the EU cosmetics directive.…

BY KEITH NUTHALL and MONICA DOBIE

CANADIAN single malt whisky producer Glenora Distillers is celebrating victory in its long legal battle with the Scotch Whisky Association (SWA) over its trademark ‘Glen Breton’. Canada’s Supreme Court yesterday (June 11) rejected a SWA application to appeal against a lower court ruling allowing Glenora rights to the name.…

BY ALAN OSBORN

THERE is an increasing body of law associated with money laundering regulations worldwide and where there is law, there is – of course – lawyers. So to what extent is an anti-money laundering cadre of legal specialists emerging around the world.…

BY KEITH NUTHALL

THE COUNTDOWN is on for an almost total ban on seal fur and leather sales in the European Union (EU), with the European Parliament approving a new regulation coming into force by next March. This bans all sales of seal products for profit, unless manufactured from seals caught during traditional hunts of Inuit dwellers of the Canadian, Russian, Greenland and Alaskan Arctic and sub-Arctic.…

BY JAMES FULLER

WHILE the global recession is hitting profits in the oil and gas sector worldwide, the Caribbean’s key producer Trinidad & Tobago remains bullish about the industry bringing it long term financial and economic stability. Indeed, the twin-island country’s minister of energy and energy industries Conrad Enill said this month that both a fifth liquefied natural gas (LNG) train and a new oil refinery are projects which are still firmly on the table for the Caribbean energy powerhouse.…

By Emma Jackson

The conservative government of Canadian Prime Minister Stephen Harper has promised stimulus for almost every sector, but stimulus for post-secondary education has tended to favour – claims the country’s National Post newspaper commentator Don Martin – "buildings over brains."…

BY KEITH NUTHALL

A MAJOR cigarette smuggling boom is being reported in Ireland by customs teams, with a record 135.2 million cigarettes being seized last year, almost twice the amount seized in 2007. Of these, 56.82 million were counterfeits, the country’s Sunday Independent newspaper has reported.…

BY MARK GODFREY

WITH the global recession raging across most of the world, Bangladesh’s knitwear sector is maintaining a strong commercial position and looks better geared to survive the economic downturn than some of its regional competitors. Orders have only dipped marginally say local knitwear producers.…

BY PHILIPPA JONES

AS the global recession continues, calls for greater transparency in the financial sector have increased exponentially. The recent G20 summit of leaders from the world’s richest economies made this sentiment clear and drew specific attention to the need for all countries to adhere to international standards on anti-money laundering, with the Financial Action Task Force (FATF) being asked to "reinvigorate" its assessment of potentially erring jurisdictions.…