Search Results for: World Trade Organisation

Keith Nuthall
THE MARITIME transport committee of the Organisation for Economic Cooperation and Development (OECD) has agreed that global guidelines should be drawn up which would allow legal negligence to be established when shipowners and charterers have taken advantage of sub-standard vessels.…

BY KEITH NUTHALL
LAST week a political deal was struck in Brussels on the shape of European cookie legislation. The result, in footballing terms: Lawyers 5 – IT industry 2.

On the plus side, the anti-cookie proposals of Council of Ministers, (which represents Europe’s Member States and shares the right of veto over this law with the European Parliament), have been softened, which should give some breathing room to the EU’s hard pressed Internet industry.…

BY PHILIP FINE

AN INFLUENTIAL environmental group is taking the world’s largest poultry company to court for allegedly failing to quell noxious releases emanating from its contracted farmers’ properties. The Sierra Club alleges that Kentucky-based Tyson Foods failed to report releases of ammonia at four of its suppliers’ chicken houses.…

BY MARK ROWE
INCHCAPE plc is set to abort its plan to privatise its Singapore-listed subsidiary Inchcape Motors after a key shareholder announced it would block the bid. British investment company Guinness Peat Group, which has been mopping up Inchcape Motors’ shares, said it will reject Inchcape plc’s conditional cash offer of £GB0.90p a share to turn Inchcape Motors and its motor distribution business into a 100 per cent privately owned company.…

BY ALAN OSBORN
SIGNIFICANT changes in the international art market, with possibly adverse consequences for European museums, galleries and other art buyers, could follow from a case being brought by the European Commission against the world’s two leading fine art auction houses, Christie’s International plc in London and Sotheby’s Holdings, Inc of New York.…

Keith Nuthall
THE EUROPEAN Bank for Reconstruction and Development has drawn up plans to lend lending Russia’s largest automobile glass manufacturer US$ 25 million; Bor Glass Works, near Nizhny Novgorod, is to spend the money on improving its auto and flat glass production and repairing a furnace.…

BY MATTHEW BRACE, in Sydney
IN the race for the most enviable job in the world that of Australian research professor Andy Short surely takes the tape.

The associate professor from the University of Sydney’s Marine Studies Centre has just spent three years on full pay at the beach.…

BY KEITH NUTHALL
PRINTING equipment and supplies imported from the United States are to be a focus of retaliatory tariffs imposed by the European Union following the erection of controversial ‘safeguard’ duties by Washington to protect its steel industry.

The European Commission has announced that it is asking EU ministers to approve a selected range of products, where the levying of duty will cause the most pain to US exporters, in a bid to try and force the Bush administration to lift its tariffs.…

BY KEITH NUTHALL
CASPIAN Sea countries Azerbaijan, Kazakhstan, Turkmenistan, Russia and Iran have launched a coordinated programme for surveying and managing sturgeon stocks, paving the way for resuming the US$100 million caviar industry, the United Nations Environment Programme has announced. The trade had been halted by UN conservation agency CITES.…

BY SWINEETHA DIAS WICKRAMANAYAKA
JAPAN’S Nippon Mitsubishi Oil Corp. has said that it intends to follow up its planned merger of three group refineries by expanding exports of gas oil, fuel oil and other petroleum products by 50 percent in fiscal year of 2003, the Shipping & Trade news has reported.…