Search Results for: International business⊂mit=Search

BY KEITH NUTHALL
BACK in the last century, it was easy to find economists who liked a little corruption, saying it oiled the wheels of government and commerce. Today, this complacency has gone, with most development specialists saying bribes weaken governments and shrink private investment.…

BY MONICA DOBIE, in Montreal
MITSUBISHI Motor Sales of Canada has announced it will move its operations into Canada in September, six months ahead of scheduled date. Greg O’Neill, executive vice president and general manager of Mitsubishi Motor Sales of America Inc.…

BY PHILIP FINE

GUINNESS UDV is facing federal regulatory scrutiny in the United States after a competitor complained that its Smirnoff Ice TM malt based product misleads consumers, because in the US, it does not contain vodka; the New York State advertising industry’s self-regulatory apparatus has now referred the matter to the US Federal Trade Commission and the Bureau of Alcohol, Tobacco and Firearms after Guinness refused to take part in the review.…

BY MARK ROWE
SINGAPORE Power is to build a power generation plant worth between Sing. $50 million and $150 million, (Pounds 20m – pounds 60m), near Melbourne in Australia’s Victoria state. The eventual capacity of the open cycle gas turbine peaking power station will range from 90 megawatts (MW) to 270 MW, although the exact final capacity has yet to be decided.…

BY MONICA DOBIE
INVESTORS are being warned by the International Chamber of Commerce’s Commercial Crime Bureau (CCB) to stay clear of documents promoting deals using the good name of the ICC. Fraudsters are mentioning a fake standard called the “Modified Insurance Guarantee ICC 4081” in fraudulent documents relating to bank guarantees and letters of credit to add credibility to fictitious high yield investment schemes.…

BY KEITH NUTHALL
THE EUROPEAN Commission is exploring alternative conservation methods to protect EU cod after the independent International Council for the Exploration of the Sea recommended closing some EU cod fisheries to prevent stocks collapsing.…

KEITH NUTHALL
INDIA has triggered the first stage of World Trade Organisation disputes proceedings in a bid to force the United States to abolish changes made to its rules of origin legislation, that New Delhi claims favour the American and European Union textile industries.…

BY KEITH NUTHALL
PORTUGAL has called for the resumption of EU funding of the International Olive Oil Council’s promotion of olive oil in non-EU countries with low demand, (including the USA, Australia and Japan). Payments were suspended over council tendering concerns.…

BY KEITH NUTHALL
INTERNATIONAL technical guidelines promoting the safe disposal of plastic wastes have been issued, following a United Nations Environment Programme backed meeting in Geneva. Representatives from more than 100 governments focused especially on the problems caused by developing countries lacking the necessary legislation and facilities to cope with the ongoing dramatic growth in the quantity of plastic their waste disposal organisations have to deal with.…

BY KEITH NUTHALL AND MARK ROWE
ALTHOUGH the future of the controversial bilateral open skies agreements, struck between the United States and a string of European Union Member States, has been thrown into doubt by an advocate general of the European Court of Justice, this is by no means regarded as a disaster by Europe’s airport industry.…