Search Results for: International business

BY PHILIP FINE

AN ASSUMPTION has been made by many in the past few months in the international food industry: the unveiling of so many new low-calorie and low-fat alternative food items must have something to do with obesity-related litigation lurking in the US.…

BY KEITH NUTHALL

Duke Energy Corp, a diversified US energy company based in Charlotte, is in discussions with “several potential buyers” for its European natural gas business, the company has announced. It gave no details of the possible buyers or price.…

BY KEITH NUTHALL
A WORLD Health Organisation (WHO) agency has concluded that chewing betel quid causes oral cancer, whether or not tobacco is included in ‘pan’ mixes especially popular with ethnic south Asians. The problem is of particular concern in the UK, which imports more betel than any country outside of Asia, (imports have doubled since the early 80’s).…

BY KEITH NUTHALL
NON-FERROUS metal producers in the existing 15 European Union (EU) countries could see some lowering of labour costs after enlargement of the EU next year as low-paid Polish and other workers move into the higher wage countries like Germany, according to industry sources.…

BY KEITH NUTHALL
THE INTERNATIONAL Chamber of Commerce (ICC) is resisting proposed reforms to European Union business law on cross-border non-contractual civil disputes, which would insist that the country of a complainant provides the courts charged with making a judgement. The ICC fears that such a law – designed to breed consumer confidence in cross-border retail sales – would scare businesses from selling into foreign markets.…

BY KEITH NUTHALL
THE REFORM of the world’s anti-money laundering campaign is continuing apace. Defying critics of its alliance with the World Bank and the International Monetary Fund, the Financial Action Task Force of the OECD has issued a revised set of its key 40 Recommendations to fight the crime.…

BY KEITH NUTHALL
THE EUROPEAN Commission has welcomed the results of the International Telecommunication Union’s (ITU) World Radiocommunication Conference, saying it earmarked sufficient radio spectrum for the EU’s new Galileo global positioning satellite project. Brussels wanted the conference to ensure it could commend enough frequency to avoid interference problems.…

Keith Nuthall
COUNTERFEIT textile products are being used by international terrorist groups as a key mans to finance their operations, Interpol secretary general Ronald K Noble has warned governments and law enforcement agencies. In documents for his testimony to the US House of Representatives committee on international relations, Mr Noble said the problem might become more serious and called for a partnership between industry and police, to combat it.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation, of the World Bank, is lending US$22 million loan to a Chinese pork producer. The Jilin Huazheng Agricultural Development Company Ltd will increase its pig breeding farms, upgrade slaughtering capacity, and build a new processing plant for ready-to-eat packaged meats.…

BY KEITH NUTHALL
AN INTERNATIONAL Group for Anti-Corruption Coordination (IGAC) has been created by a conference staged by the United Nations Office on Drugs and Crime. The new body will be a clearing-house for good practice and intelligence on corruption, to be shared with other UN agencies, intergovernmental and non-governmental organisations concerned with fighting corruption.…