Search Results for: Czech Republic

BY KEITH NUTHALL

Counterfeit, mislabelled and substandard meat products have been seized in an international police operation spanning 29 countries, coordinated by Interpol and European police agency Europol. Sausages, ham, lamb, chicken and beef were seized, a Europol spokesman told globalmeatnews.com.…

BY MICHAEL STEIN, IN PRAGUE; AND RAHIMULLAH YUSUFZAI, IN PESHAWAR

Senior government officials in the Pakistan province of Sindh have told Steel First they are keenly awaiting the promised launch of a Czecho-Pakistani project to build a CZK6.1 billion (USD320 million) private steelworks facility in Pakistan.…

BY MJ DESCHAMPS

FOR multinational businesses, comprehensive and precise financial reporting is critical for a company’s success, and such good practice is also essential for companies striving for profits within emerging markets.

Earlier this year, the World Bank’s International Finance Corporation (IFC) released a report ‘Being the Change: Inspiring the Next Generation of Inclusive Business Entrepreneurs Impacting the Base of the Pyramid’, which highlights the IFC’s ‘inclusive business models’ strategy.…

BY KEITH NUTHALL

THE WORLD Customs Organisation (WCO) has launched a crack-down on fraudulent medicines in 16 African countries, seizing more than 82 million doses of illegal pharmaceuticals worth more than USD40 million. A WCO note said: "These results are alarming…" Its officers worked with the Institute of Research against Counterfeit Medicines (IRACM) and 16 national customs administrations in raids called VICE GRIPS 2, targeting seaport containers in Angola, Benin, Cameroon, the Democratic Republic of the Congo (DRC), Congo (Brazzaville), Gabon, Ghana, Guinea, Ivory Coast, Kenya, Liberia, Mozambique, Nigeria, Senegal, Tanzania and Togo.…

BY KEITH NUTHALL

THE WORLD Customs Organisation (WCO) has launched a crack-down on illicit medicines in 16 African countries, which sparked the seizure of more than 82 million doses of illegal pharmaceuticals. The haul included antimalarial and anti-parasitic drugs, antibiotics, cough syrups, contraceptive pills and infertility treatments, worth more than USD40 million.…

BY CARMEN PAUN, IN BRUSSELS

Precision Castparts Corp. (PCC), a worldwide US-based manufacturer of complex metal components sought approval from the European Commission yesterday (Nov 14) for its plan to acquire control of fellow American’s, Dallas-based Titanium Metals Corporation (Timet). It produces titanium melted and mill products, while Oregon-headquartered PCC manufactures structural investment castings, forged components, and airfoil castings for aircraft engines and other applications in various industries.…

BY LEAH GERMAIN

US textile industry experts are predicting a boost to the country’s thread manufacturing sector following a reform to a loophole in the US-Dominican Republic-Central America Free Trade Agreement (CAFTA-DR) that had left American producers vulnerable.

The new rule comes into force on Saturday (October 13) and corrects a definition that had encouraged the use of non-US (mainly Chinese and other east Asian) sewing threads in American, Central American and Dominican textiles and apparel production.…

BY KEITH NUTHALL

PRESSURE is growing on European Union (EU) ministers to give the EU’s sugar production quota system a stay of execution. MEPs on the European Parliament’s agriculture committee have called for the retention of EU sugar quotas for beet farmers until 2020, rather than follow existing plans to phase them out in 2015.…

BY KEITH NUTHALL

THE EUROPEAN Commission has launched a strategy designed to encourage the growth of cloud computing and data services, especially through the development of common standards and certification.

Brussels’ policy paper (called a Communication) ‘Unleashing the potential of cloud computing in Europe’ is a wide-ranging action plan that is designed especially to promote interoperability between cloud services.…

BY LEAH GERMAIN

THE USA Chamber of Commerce and America’s National Association of Manufacturers (NAM) have launched a legal challenge to a Security and Exchange Commission (SEC) rule requiring companies to list the use of "conflict-minerals" in their product supply-chain. Finalised by the SEC in August, the rule requires US-listed companies to disclose if their products contain minerals, such as tantalum, tin, gold or tungsten, originating from the Democratic Republic of the Congo (DRC) or an adjoining country.…