Search Results for: International business⊂mit=Search

BY DEIRDRE MASON
SOME 12 million tonnes of scrap metal – mainly steel – are expected to enter global markets this decade as redundant nuclear power stations are closed down worldwide; in Europe, there is likely to be a surge from 2003 onwards, via a closure programme for obsolete plants in the eastern European countries applying to join the EU.…

KEITH NUTHALL
APPLICATIONS have been made by the Nicaraguan and German governments for the trade in two hardwood species to be controlled under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). These species are, respectively, big-leaf mahogany (also known as Brazilian mahogany) and the tree-of-life (also known as pockwood or sonora guaiacum).…

BY MARK ROWE
MALAYSIA Airports Holdings (MAH) has won a joint contract to build and operate a new international airport in Hyderabad, India, which is expected to be in operation by 2006. MAH will be involved in the airport’s planning, development and operation.…

Keith Nuthall
A SPECIAL conference on settling a number of maritime border disputes in the Caribbean has been launched, which could help develop international law regarding the effect of uninhabited island on establishing exclusive economic zones.

One wrangle is between Venezuela and the Caribbean island state of St Kitts and Nevis, which has been protesting about maritime boundary treaties concluded by the south American state regarding the so-called Isla Aves; they grant the islands full territorial sea status, including an exclusive economic zone, or continental shelf.…

Keith Nuthall
THE EUROPEAN Union Council of Ministers has approved a root-and-branch reform of the European Union’s Financial Regulation, its accounting bible, which is designed to make the budgetary management of the EU more simple and efficient. The new system comes into force on January 1, 2003.…

BY ALAN OSBORN
1902-1912

British American Tobacco was created on September 29th 1902 as a joint venture between Imperial Tobacco Company of the UK and the American Tobacco Company of the US following a fierce trade war. The parent companies agreed not to trade in each other’s domestic territory and to assign trademarks, export businesses and overseas subsidiaries to the joint venture.…

BY MARK ROWE
JIMMI Rembiszewski looks upon the transformation of Dunhill with some pride. “I was told that once a brand is in decline you may as well give up,” said BAT’s marketing director. “We have turned it around without reducing price and it’s enjoying an enormous revival.”…

Keith Nuthall
AS the European Union moves towards the mandatory application of International Accounting Standards for listed companies, the European Commission has proposed reforms to the existing directives that harmonise national accounting laws that will remain in place for other businesses.…

BY MARK ROWE
ANOTHER leader in the ASU30 and lights segments, the American blended Pall Mall remains BAT’s leading global mid-price brand, sold in 60 countries. Launched in 1900, it today sells particularly well in eastern and central Europe as well as Italy and last year saw volumes up by 21 per cent.…

BY KEITH NUTHALL
AN INTERNATIONAL Atomic Energy Agency assembled team has been searching for two abandoned Strontium 90 generators in western Georgia, the Caucasus. They are highly radioactive and had been used by the former USSR military as thermo-electric generators for communication stations.…