Search Results for: International business

KEITH NUTHALL
THE SALE of fallen energy giant Enron’s Wind Turbine Business to GE Power Systems, a wholly-owned subsidiary of the General Electric Company, has been approved by the European Commission, following a competition inquiry. Brussels concluded that the deal would not pose any threat to choice within the European power sector.…

BY MARK ROWE
THE MALAYSIAN government is to launch a new and powerful autonomous civil aviation authority in an attempt to kick start plans to transform the new Kuala Lumpur International Airport into a regional hub to rival Singapore. The new agency will have a remit to negotiate air service agreements with international airlines.…

BY MARK ROWE
THE EUROPEAN Union has given itself until the end of this month (May) to make a crunch decision over whether to further subsidise the future insurance of the continent’s airlines in the wake of the terrorist attacks on the World Trade Centre, in New York last September.…

BY MARK ROWE
THE MALAYSIAN government has been forced to conduct an embarrassing U-turn in its policy towards major international airlines in attempt to prevent its landmark new airport from becoming a white elephant.

Kuala Lumpur International Airport, 40 miles outside the city, was opened in 1998 an attempt to transform the city into a regional hub to rival Singapore’s Changi, which is regularly voted the world’s best airport.…

BY MARK ROWE
BRITISH museums and historic buildings are being encouraged to bid for funding from a GBPounds 80 million financial support package launched by the European Union, designed to build links between neighbouring EU countries.

Its grant awards will be focused on projects that have economic, ecological and social benefits.…

BY KEITH NUTHALL
AUSTRALIAN officials have been overseeing the slaughter of 250,000 chickens on a large farm in Victoria, because of an outbreak of Newcastle disease. So far, reported the Office International des Epizooties, (zoonoses), health checks on surrounding farms within a 10 km radius had not revealed any signs that the disease has spread.…

Keith Nuthall
A BOOKLET has been published by the International Chamber of Commerce that advises accountants and their clients on how to protect themselves from being swindled by fraudsters. ‘Trade Finance Fraud,’ produced by the ICC’s Commercial Crime Services department includes case studies demonstrating the techniques fraudsters use to cheat victims of millions of Pounds, Euros and dollars through “phony documentation, non-existent consignments, containers packed with worthless rubbish and a multitude of other devices.”…

BY KEITH NUTHALL
DETAILED rules on the international shipment of waste destined for recovery have been released by the Organisation for Economic Cooperation and Development (OECD). The guidelines, which are optional for the group’s rich country membership, include notes on documentation, the definition of recovery, and on how to deal with waste mixtures, re-exports and other issues.…

BY SWINEETHA DIAS WICKRAMANAYAKA
BOSS Profiles Ltd, of India, a ceramic architectural products manufacturer in Pondicherry will launch a range of architectural ceramic products based on international patents. Boss said its existing IND Rupees 6.2 millions factory could manufacture 1.5 million square metres of product, to be expanded to 6.75 million square metres in five years.…

BY MONICA DOBIE
SUNOCO, a subsidiary of Suncor Energy Inc. of Calgary, has sold its natural gas and marketing business in central Canada, to a branch of the Mississauga-based, Ontario Energy Savings Corporation. for CAN$66 million.…