Mar. 31, 2008 20:55

WTO ruling continued

Posted by NancyOta under [International Politics ]
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As expected, the WTO dispute resolution body ruled against the EU in the ongoing meat hormones case, however the dispute resolution body also reprimanded the US and Canada for their selection of products to retaliate against. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7323200.stm
 

Mar. 31, 2008 20:53

Rice market

Posted by NancyOta under [International Politics ]
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This article discusses the reasons for the rising rice prices across the market. See http://www.iht.com/articles/2008/03/31/business/food.php
 

Mar. 31, 2008 20:52

Zara's profits from globalization

Posted by NancyOta under [Finance ]
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Zara, an international clothing chain originating in Spain, has announced profits due in large part to its expansion into Chinese and Russian markets. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7322379.stm
 

Mar. 31, 2008 20:50

Sale of Absolut

Posted by NancyOta under [Finance ]
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The Swedish government has announced that it will sell Absolut vodka to Pernod, with certain requirements which will ensure that the brand retains its Swedish identity. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7322033.stm
 

Mar. 31, 2008 20:49

Open skies agreement

Posted by NancyOta under [International Politics ]
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In a follow-up to a previous post, the US-European open skies agreement in aviation went into effect today. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7318455.stm
 

Mar. 31, 2008 20:47

Lehman Brothers suit

Posted by NancyOta under [Finance ]
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Lehman Brothers plans to sue a Japanese firm over alleged fraud worth at least $350 million. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7321284.stm