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Foreign mining companies may have a range of options to claim compensation against Kenya for revoking mining licenses granted between January 14 and May 15 and introducing new drilling charges and/or royalty schemes, leading arbitration law experts advise.

Lawyers at US-based international law firm King & Spalding say companies with investments whose licenses were cancelled earlier this month and/or whose revenues are hit by new charges and/or royalties may be able to claim through international investment arbitration tribunals.…

THE NETHERLANDS-based soft drinks manufacturer and bottler Refresco is set to acquire Pride Foods, which also manufactures and bottles soft drinks for retailers and brand owners in Europe. Refresco also owns soft-drinks brands, such as Rodeo Juicy energy drink and Krings juices.…

BRAZIL is an innovative technical textile producer, declares a report from a senior São Paulo’s business school the Getúlio Vargas Foundation (FGV), despite the sector experiencing teething problems as it expands. Looking at the Brazilian textile sector as a whole, the study estimates that 77% of investment into the sector during 2012 was used to buy innovative machinery – and the technical textile sector especially has a lot of demand to meet.…

THE EUROPEAN Union’s (EU) food and feed safety rapid alert network (RASFF) has warned of a spate of problems involving salmonella contamination of imported meat and meat products. In some instances, consignments were exported from outside the EU, and others, within it.…

Dutch government has been using diplomatic pressure to push for a European Union (EU) law ordering that meat is specially labelled when from livestock religiously slaughtered without stunning. The Netherlands said at yesterday’s (Monday) European Union (EU) Council of Ministers meeting that: “We consider it essential to inform consumers correctly about the products they purchase.…

THE EUROPEAN Union (EU) will scrap the last remaining export refund available for meat exporters, following a 20 year liberalisation process.

Yesterday, (Thursday) the EU’s ‘management committee for the common organisation of agricultural markets: animal products’ agreed to scrap refunds payable for exports of frozen whole chickens (65-70%) to certain destinations, notably in the Middle East and the Commonwealth of Independent States (ex-USSR countries).…

IT is common sense that for really fast fashion, sourcing should be made as close to a home market as costs will allow. And for the world’s two largest fast fashion markets – the European Union (EU) and the United States – geography does provide some useful neighbours able to offer lower cost out-sourcing, albeit not as cheap as in east and south Asia.…

APPAREL and textile manufacturers looking to streamline their supply chains can benefit from product lifecycle management software, which can make communications and risk management processes linking suppliers and retailers more efficient and accurate.

“There’s a lot of new technology that’s been introduced in the last few years that helps manage that supply chain – everything from the finances, the logistics, quality, design, right through into merchandising,” said Robert Cammilleri, senior account executive of business development at US-based safety consulting company, UL (Underwriters Laboratories Inc).…

MOBILE communication services have become a significant focus for airports worldwide regarding improving passenger experience, especially as the use of interconnected smart devices has boomed. Airports have been building on previous services, such as improving and expanding their wireless internet coverage and working with airlines to allow for flight check-ins via mobile communication devices.…

PROSECUTORS in the USA last week revealed the largest case of alleged credit card fraud in American history. New Jersey US Attorney Paul J Fishman said the alleged fraud has cost companies more than USD 300 million.

The indictment against four Russians and a Ukrainian lists corporate victims including, among others, Citigroup, Dexia Bank Belgium, Euronet, Nasdaq, PNC Financial Services, Visa Jordan, 7-Eleven Inc, Carrefour, JC Penney and JetBlue Airways.…