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BY EUGENE VOROTNIKOV

RUSSIA is planning to invest more than Russian Roubles RUB470 billion (USD14 billion) in reforming the country’s air traffic management system, bringing it into the line with European Union (EU) standards, according to November 25 statements made by Russian President Dmitry Medvedev at a transport policy meeting in the city of Horki.…

BY PAUL COCHRANE

UPRISINGS in the Middle East and North Africa (MENA) this year have hit demand for printers in Lebanon, which has long been the printing hub of the region. Lebanese printers canvassed privately for Print Week MEA report that the upheavals have seen demand from Egypt and Syria decline, while transportation has been marginally affected from Lebanon due to the situation in neighbouring Syria.…

BY KEITH NUTHALL

A PUBLIC searchable database of pharmaceutical-related intellectual property assets will be run by a global consortium involving major pharma companies including Alnylam Pharmaceuticals, AstraZeneca, Eisai, GlaxoSmithKline, MSD, Novartis, Pfizer, and Sanofi. They are working with the World Intellectual Property Organisation (WIPO), BIO Ventures for Global Health (BVGH) and major research organisations.…

BY PAUL COCHRANE

THE WESTERN financial system is undergoing profound change, of weakened trust in the sector, heightened tax regulations, pressure to curb banking secrecy and tougher regulatory compliance. As a result, the owners of legal and extra-legal capital who are looking for a safe haven for their money are starting to consider destinations outside the established offshore jurisdictions – the less regulated financial centres of the Middle East and Asia.…

BY ROBERT STOKES

NATIONALISM and the energy industry have made uneasy bedfellows throughout history, yet Scotland is attracting substantial international investment in renewables despite having, since May and for the first time, a majority government committed to winning independence from the UK.…

BY ROBERT STOKES

AMAZON’s arrival in Spain has lit a slow flame under the soles of Spanish booksellers, but the e-tailer faces obstacles to growth that do no afflict it in the UK and America. Amazon.es launched September 15 and will be hot gossip at the LIBER Madrid International Book Fair, the main platform for publishers of works in Spanish, which begins October 5.…

BY GEMMA HANDY

Endemic corruption in a British overseas territory, compounded by claims of bribery and fraud, saw its constitution suspended and it returned to direct UK rule.

The Turks & Caicos Islands are now being prepared for a return for responsible government, but are sufficient checks and balances in place to prevent a backslide to commercial crime?…

BY KEITH NUTHALL

FRENCH cosmetics giant L’Oréal is offering scholarships subsidising up to 50% of fees for full time MBA courses at the well-regarded Vlerick Leuven Ghent Management School, Belgium. However, unlike many such corporate grants, students do not owe work or studies for L’Oréal after graduation.…

BY PAUL COCHRANE

TURKEY is the fifth largest importer of oils and oilseeds in the world, with demand being driven by its burgeoning economy, sizable food export industry, and a population of 74.8 million people. But while its demand for vegetable oils is outstripping local production, in olive oil production the country has set its sights on rising up the global rankings from its current fifth place to become the second largest producer.…

BY PAUL COCHRANE

THE MULTI-billion dollar beauty market in the Middle East’s Gulf countries is back on an upward trend, thanks to renewed economic growth as this rich region, with avid consumers start spending again. Demand for cosmetics and personal care products are being driven by high disposable incomes, new sales channels and a growing lifestyle trend among both men and women in terms of plastic surgery, personal fitness and body care.…