Search Results for: International business

BY KEITH NUTHALL
AN INTERNATIONAL Labour Organisation (ILO) report published to mark this week’s World Day for Safety and Health at Work has claimed that every year around two million lives and US$1.25 trillion of global economic earnings are lost to work-related accidents and illnesses.…

BY KEITH NUTHALL
THE INTERNATIONAL Chamber of Commerce (ICC) has advised companies to implement stricter internal controls following the recent publication of the Ernst & Young and KPMG studies indicating that staff fraud grew substantially in 2002. “These studies underscore the need for corporations to be aware of fraud risks not only externally, but internally as well”, said Peter Lowe, assistant director of the chamber’s Commercial Crime Services department.…

BY ALAN OSBORN
EUROPEAN Union (EU) ministers yesterday (Wednesday) formally agreed an amending directive that will allow member countries which do not apply International Accounting Standards (IAS) to all companies to bring in matching transparent, high quality financial reporting, so preparing the way for like-for-like financial comparisons throughout the EU.…

BY KEITH NUTHALL
POLITICAL pressure has been placed on European Union ministers to press for reforms to the world coffee trading system, which has experienced a 50 per cent drop in producer prices over the past three years, slashing the income of producers.…

BY KEITH NUTHALL
RUSSIA has unambiguously staked its claim to territorial rights to wide swathes of the Arctic Ocean between its northern coast and the North Pole, waters that are currently frozen for most of the year, but which may become more navigable thanks to global warming.…

BY MARK ROWE
RUSSIA and vodka are inseparable bedfellows but is there room for a ménage-a-trois? Its domestic market for beer is booming, while abroad both Russian immigrant communities and western European and north American drinkers are enjoying the novelty factor of a quality brew from the traditional home of vodka.…

BY KEITH NUTHALL
AS with many projects inspired by the start of the next 997 years and the last three, the framing of the United Nations’ (UN) Millennium Development Goals was an ambitious enterprise.

Imposing statistically measurable targets for international organisations and national governments in making improvements in global poverty, education, gender equality, health, the environment and education, they have proved tough to attain.…

BY KEITH NUTHALL
IMPROVEMENTS are to be made to Kabul international airport, Afghanistan, with a US$19.3 million World Bank credit. The funds will finance reconstruction of its runway and upgrade water and sanitation services. The money – part of an Emergency Transport Rehabilitation Project – will also improve air traffic control services, providing the airport with equipment to support safe air travel, such as communications and air traffic control networks identified as necessary by the International Civil Aviation Organisation (ICAO).…

BY KEITH NUTHALL
MEMBERS of the European Parliament are rushing to push the European Union deeper into the jurisdiction hitherto ruled unchallenged by the International Maritime Organisation, by trying to speed agreement over legislation that would make EU institutions an arbiter over sea safety issues.…

BY SWINEETHA DIAS WICKRAMANAYAKA
A CONSORTIUM has been selected to build the IND Rupees 12 billion greenfield Hyderabad international airport, Indian press reports claim. They quote officials saying GMR Vasavi Infrastructure and Malaysia Airport Holding Berhard have clinched the deal, under a public private partnership model.…