Search Results for: Ireland

THE EUROPEAN Food Safety Authority (EFSA) has declared it is ready to investigate the contamination of beef products with horsemeat, because it raises issues of false labelling, food quality and traceability in the European Union (EU) food chain. Although there is no evidence at the moment of any food safety issues, risk managers from EU countries are already conducting extensive tests of meat products to assess their components.…

BY CARMEN PAUN IN BRUSSELS

At a time when Europe needs smart grids and storage capacity for electricity produced by renewable energy sources, investors could be expected to sink money into the potential decarbonised future of utilities. Not so much, a Eurelectric report on investments in the liberalised electricity market has showed.…

BY ROBERT STOKES

ELCORE GmbH, a German maker of fuel cell micro-CHP (FC mCHP) units currently has only a few being put through their paces in homes in its domestic market. It has high hopes, though, of selling plenty on a fully commercial basis from late next year before spreading its wings into other European markets.…

BY BILL CORCORAN, IN CAPE TOWN

WHEN the South African government signed contracts in early November with 28 independent renewable energy providers, the moment marked a significant milestone in the country’s efforts to reduce its reliance on coal-fired plants for power.…

BY KEITH NUTHALL

EUROPE’S new airport policy network Airpol has started showing its operational worth, helping coordinate a two-day operation targeting 28 airports in 15 European counties, where 10 smugglers of cash, drugs and counterfeit goods were arrested. Airpol was launched late 2010 and has since developed operations as a coordinator of European network police.…

BY CARMEN PAUN, IN BRUSSELS

With book buyers set to deliver another bumper Christmas to online retailers, a European Commission study found 75% of a sample of websites selling e-books, games, videos and music in the European Union (EU) did not comply with consumer protection rules.…

BY ROBERT STOKES

SMALL and medium sized enterprises (SMEs) in the European Union (EU) complain they cannot get finance from banks, or not on reasonable terms. Banks counter that there is just not that much demand.

Politicians have responded with schemes to improve the flow of finance to SMEs.…

BY CARMEN PAUN, IN BRUSSELS

Precision Castparts Corp. (PCC), a worldwide US-based manufacturer of complex metal components sought approval from the European Commission yesterday (Nov 14) for its plan to acquire control of fellow American’s, Dallas-based Titanium Metals Corporation (Timet). It produces titanium melted and mill products, while Oregon-headquartered PCC manufactures structural investment castings, forged components, and airfoil castings for aircraft engines and other applications in various industries.…

BY KEITH NUTHALL

FINANCIAL fraud flourishes where books are opaque and complex – so imagine how bad it can be if there are no books. Amazingly, until now, the spending of European Union (EU) funds by national governments has been affected by that problem.…

BY MJ DESCHAMPS

FOR multinational businesses, comprehensive and precise financial reporting is critical for a company’s success, and such good practice is also essential for companies striving for profits within emerging markets.

Earlier this year, the World Bank’s International Finance Corporation (IFC) released a report ‘Being the Change: Inspiring the Next Generation of Inclusive Business Entrepreneurs Impacting the Base of the Pyramid’, which highlights the IFC’s ‘inclusive business models’ strategy.…