Search Results for: Climate change

THE SHIFT of the telecommunications industry towards the virtualisation of networks and the exploitation of big data involves such comprehensive change operators need powerful hardware and software solutions to cope. As a result, Dallas, USA-based Tektronix is well-positioned to help, given its impressively diverse range of systems and experience of working with the largest telcos.…

THE BRITISH government has announced its long awaited anti-corruption strategy, issuing a paper detailing a comprehensive list of reforms, including significant anti-money laundering (AML) and anti-fraud components. The paper said the programme would have four components: “Prosecuting and disrupting people engaged in corruption (Pursue); preventing people from engaging in corruption (Prevent); increasing protection against corruption (Protect); and reducing the impact of corruption where it takes place (Prepare).”…

Iraq and Syria are major hot spots in the fight against terrorism financing. Numerous militant Islamist groups are in operation, most notably the Islamic State (IS), with revenues derived from multiple sources, including extortion, seizures of grain, sales of oil, private donations and charities.…

The French motor trade is celebrating victory in a multi-year campaign to persuade the government to tighten up the procedures for payment of value-added-tax (VAT) on second-hand vehicles imported into France.  The French ministry of finance has proposed reforms to the government’s national budget for 2014 that would end a cross-border fraud estimated to have cost the country a billion euros through the sale of about 160,000  used autos in the past 10 years, depressing the market for new France-made and imported cars.…

Rising electricity prices and growing fears around security of supply are driving Russian industrial power users to construct their own onsite power and CHP (combined heat and power) plants. “On-site generation is known as a highly profitable option to improve industrial energy efficiency and for the industry to cover its own power supply needs,” said the European Bank for Reconstruction & Development (EBRD) in a 2013 report Unlocking Investment Opportunities in Industrial On-site Generation in Russia: “Russian industries are particularly attractive for combined heat and power production, since there are significant industrial heat loads available for CHP production.”…

MCDONALD’S has earned a censure from the Swedish Advertising Ombudsman (Reklamombudsmannen’), which found fault with aspects of its advertising that suggested beef sold in its outlets is largely Swedish sourced.

McDonald’s conceded the advertisements could cause confusion. Ina statement, the multinational confirmed that the actual percentage of beef sourced from farms in Sweden is 45%.…

Central America’s increasing exposure to money laundering is at least being recognised by the governments on the region, who are working both individually and collectively to combat the problem.

The region has strengthened cooperation, for instance. A key initiative is the Central American Integration System (SICA), a regional political organisation which coordinates government actions for Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Belize and the Dominican Republic regarding certain policy development and programmes, notably improving law enforcement.…

2015 will be an important year in southeast Asia, with the launch of the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) in December. But analysts question whether the region’s non-ferrous metal giant Indonesia is ready to integrate its industry with those of its neighbours.…

ACCA has called on the European Commission to propose extending the scope of mandatory use of international financial reporting standards (IFRS) within the European Union (EU), stressing the value created by IFRS in Europe and worldwide. Its comments have come in a Commission review of the impact of mandating IFRS for consolidated financial statements of around 7,000 EU companies whose securities are traded on a regulated EU market.…

European Union (EU) beef production will be boosted next year (2014-2015) according to the European Commission’s annual market outlook report covering the next decade, published on Friday (Dec 5).

“After two years of sharp decline, EU beef production is expected to recover on the back of recent dairy herd increases.…