Search Results for: International business

BY KEITH NUTHALL
THE EUROPEAN Union will call at the oncoming World Radiocommunications Conference, being staged by the International Telecommunication Union at Geneva, (June 9 to July 4), for the earmarking of spectrum promoting advanced mobile telephony and broadband Internet services.…

BY KEITH NUTHALL
THE EUROPEAN Commission has signed an international charter on the capture and storage deep underground of carbon dioxide, also involving Australia, Brazil, Canada, Colombia, Italy, India, Japan, Mexico, Norway, China, Russia, Britain and the US. This Sequestration Leadership Forum is developing schemes to capturing CO2 at source and storing it for thousands of years deep underground, probably in depleted oil and gas wells, with the aim of reducing greenhouse gas emissions.…

BY SWINEETHA DIAS WICKRAMANAYAKA
A SRI Lanka soap manufacturer has been given a global prize for the quality of his product seven months after the award was announced, because he had been unable to secure a visa to visit London for three days to receive it.…

BY KEITH NUTHALL
THE EUROPEAN Free Trade Area (EFTA) Court has thrown out a bid by two environmental groups to stop the Norwegian government offering tax privileges to natural gas exploration companies working in the inhospitable Snøhvit field, off the far north coast of Norway.…

BY KEITH NUTHALL
A HUGE increase in international compensation for oil spill victims will be made available via a new International Maritime Organisation coordinated fund. National membership will be voluntary, but will probably apply in Europe, as the plan was an EU initiative.…

BY KEITH NUTHALL
THE FINANCIAL Action Task Force (FATF), of the OECD (Organisation for Economic Cooperation and Development), has significantly toughened its 40 Recommendations on fighting money laundering that countries must comply with to avoid being blacklisted by the FATF. The changes are particularly significant, given that the OECD body has now teamed up with the World Bank and the International Monetary Fund in its efforts to fight the international flow of dirty money; a blacklisting could henceforth cost erring countries in grants and loans.…

BY KEITH NUTHALL
THE EUROPEAN Union will call at the oncoming World Radiocommunications Conference, being staged by the International Telecommunication Union at Geneva, (June 9 to July 4), for the earmarking of spectrum promoting advanced mobile telephony and broadband Internet services.…

BY KEITH NUTHALL
THE WORLD Bank is granting Zambia US$10 million so it can deal with the withdrawal of Anglo American plc (AA) from Konkola Copper Mines (KCM), without the company being wound up and its operations halted. AA acquired majority control of Konkola in 2000 under a World Bank-assisted privatisation, however, in 2002, in announced its abandonment of the mine, threatening to sell, liquidate or transfer the company to the Zambian government.…

BY KEITH NUTHALL
THE EUROPEAN Commission has launched an open consultation on possible changes to EU VAT rules, appealing for comments on a paper by its taxation and customs directorate-general. It considers shifting taxation from home base of a supplier to where a customer is located, if that person or business is also a trader.…

BY MATTHEW BRACE, in Brisbane
CUTTING edge research from Australia has developed a computerised welding system that analyses the quality of welds in mechanical engineering and identifies flaws instantly. WeldPrint, created by the University of Sydney and company WTi, offers the potential of increased safety for car users.…