Search Results for: Germany

BY KEITH NUTHALL

THE EUROPEAN Commission has given Germany a legal final warning today that if it does not liberalise its Volkswagen liberalisation law it will probably ask the European Court of Justice (ECJ) to impose massive daily recurring fines of Euro 1,000s.…

BY KEITH NUTHALL

THE SHAPE of a European Commission rescue package for the European Union (EU) automobile industry now being drafted has become much clearer: a Euro 40 billion soft loan pushed through the European Investment Bank (EIB).

This was revealed by EU industry Commissioner Günter Verheugen after a meeting with European auto sector executives, including France’s Peugeot-Citroën and Germany’s Daimler, under the umbrella of the EU’s CARS 21 reform initiative.…

BY KEITH NUTHALL

PERMISSION has been granted for the acquisition of sole control of Germany pharmaceutical wholesaler Megapharm GmbH Pharmazeutische Erzeugnisse by British retail chemist chain Alliance Boots. The European Commission has cleared the deal acting as European Union (EU) competition regulator for cross-border EU takeovers.…

BY MARK GODFREY and ALAN OSBORN

MANUFACTURERS at China’s largest trade fair say falling orders mean China is unlikely to ease an effective moratorium on imports of recyclable plastics anytime soon. Producers of plastic-based household items at the bi-annual Canton Fair in Guangzhou, in China’s key southern manufacturing belt, told Plastics & Rubber Weekly that a dramatic decline in exports of toys and household goods had prompted the Chinese government to impede the import of waste plastic, and the market could remain closed for a year or more.…

BY KEITH NUTHALL

THE OLD 15 member European Union (EU) will hit its Kyoto Protocol collective target of cutting greenhouse gas emissions by 8% for the period 2008-2012 from 1990 levels, but only by financing pollution cuts in poor countries abroad.…

BY WANG FANGQING

THE HONGHE Group and the Hongyun Group, the two major Chinese tobacco companies located in the key tobacco-growing Yunnan province have recently (WHEN EXACTLY?) submitted a merger agreement to the State Tobacco Monopoly Administration (STMA), the Beijing-based industry watchdog.…

BY ALAN OSBORN

THE EUROPEAN Union’s (EU) third money laundering directive should have been transposed into national legislation by December last year across the EU. But some EU member states and professional organisations have found its provisions difficult, particularly the introduction of a risk-based approach to the application of anti money laundering disciplines.…

BY KEITH NUTHALL

THE SHAPE of the European Commission’s rescue package for the European Union (EU) automobile industry has become much clearer: a Euro 40 billion soft loan pushed through the European Investment Bank (EIB).

This was revealed by EU industry Commissioner Günter Verheugen after a meeting with European auto sector executives, including France’s Peugeot-Citroën and Germany’s Daimler, under the umbrella of the EU’s CARS 21 reform initiative.…

BY MONICA DOBIE, JULIAN RYALL, and PHILIPPA JONES

COMPARED to their counterparts in Europe and Asia, North American men are at the bottom of the league tables for using beauty products, leaving male cosmetics marketers with both a lot of work, and a lot opportunity.…

BY KEITH NUTHALL

THE WORLD must generate half its electricity supplies from renewable energy sources by 2050 to avoid the most serious climate change, claims a new International Energy Agency report. It praises renewable programmes in Spain, Germany, Denmark and Portugal (wind-power) and China (solar heating).…