Search Results for: International business

BY MONICA DOBIE, in Montreal
MICHAEL Grimaldi, president of General Motors Canada, has warned that the country’s automobile manufacture sector will continue to lose business to the United States unless more money is pumped into making Canada looking more attractive to new auto makers.…

Keith Nuthall
THE EUROPEAN Union’s drinks industry is one of the continent’s key earners according to a report from EU statistical agency Eurostat, which says its productivity is much higher than that of the food processing sector.

The top performing country in the latest pan-EU figures available (1999) in the drinks industry was France, at Euro 103,700 generated in terms of value added by the sector per person in employment.…

BY MONICA DOBIE
INSTANCES of Phantom ship fraud may decrease in the future because of a law dating back to 1906 that was recently invoked in a Hong Kong court for the first time.

Section 44 of the Marine Insurance Act (MIA), a law replicated in many Commonwealth countries, was used to defeat the owner of missing palm oil cargo worth US$2.5 million aboard the ship the Pacifica that had gone missing in the high seas.…

BY KEITH NUTHALL
THE AERONAUTICAL Telecommunication Planning Task Force of the International Civil Aviation Organisation has concluded that many problems impeding air industry communications in Africa are down to “human factors in terms of lack of…resources and training,” as well as shortages of networks and equipment.…

BY KEITH NUTHALL
THE WORLD Bank and the World Trade Organisation have established a new international fund – the Standards and Trade Development Facility – which will help developing countries implement the strict and complex standards that are erected for the food trade by bodies such as Codex Alimentarius.…

BY KEITH NUTHALL
EURO area banks using the EU single currency are still facing higher than average risks from defaults and business collapses, but the increasingly sophisticated methods being used by their executives to manage exposure to risk is standing them in good stead for the future, the European Central Bank has said.…

BY KEITH NUTHALL
THE EUROPEAN Commission has granted clearance, under the EU’s merger regulation, to the acquisition of full control by Questor Partners Bermuda, L.P., of the aluminium business of Italy’s Teksid S.p.A., a wholly-owned subsidiary of Italian auto giant Fiat.…

BY KEITH NUTHALL
THE GOOD practice of an innovative honey company has been highlighted through its winning a United Nations Development Programme prize for promoting small-scale honey production in Kenya. Honey Care Africa, supported by the World Bank’s International Finance Corporation, has won the US$30,000 Equator Prize.…

Keith Nuthall
WEARABLE technology and customised clothing for health-care, sports, quality-of-life and entertainment needs is to be displayed at a European Commission-funded conference in Brussels, on October 15. “The EU apparel business goes high-tech” will educate businesses how to use information society technologies to boost productivity and competitiveness, and added-value, such as 3-D body scanning, “virtual” trying on of clothes, mass customisation, multi-functional clothing and on-line retailing.…

BY KEITH NUTHALL
EURO area banks using the EU single currency are still facing higher than average risks from defaults and business collapses, but the increasingly sophisticated methods being used by their executives to manage exposure to risk is standing them in good stead for the future, the European Central Bank has said.…