“Commercial Awareness Is Global.”
By: Ainsley Brown A potential GreenTech war is brewing between Japan and China, location Bolivia. The salt flats of Bolivia´s Salar De Uyuni, where most recent James Bond movie was shot (Quantum of Solace) seems like the most unlikely place for a green technology war, much less one between Japan and China. However, it very much is. Both countries through
By: Ainsley Brown The question that faces Australian securities regulators is what to do about two or more Chinese state owned enterprises together owing substantial shareholdings in an Australian company? At first blush it would appear that this is a case of China take over fear, however there is much more to the story than this. Indeed, there is a
By: Ainsley Brown The world´s largest purchaser of hazelnuts and the maker of a very tasty treat, Ferrero Rocher, has been cleared in the English courts of a £20 million fraud. The suit was brought against the Italian chocolate company by the Bank of Tokyo Mitsubishi and others alleging that deceit, negligent misrepresentation and conspiracy for a deal involving the
By: Ainsley Brown As the popular Jamie Fox song goes: Blame It On The Alcohol. Well no says the Financial Services Authority (FSA), the UK financial sector watchdog, as it handed down a ban on a trader for “a lack of honesty and integrity.” Apparently the FSA frowns on making $10 million dollar trades and concealing it from superiors and
By: Ainsley Brown Tate & Lyle, the makers of Splenda, lost its appeal last week in the US International Trade Commission (ITC) in its bid to keep out an imported Chinese substitute to Splenda. The company initiated legal action in April of 2007 against a group of Chinese companies and six importers, after non-Splenda sucralose began appearing in the US
By: Ainsley Brown The Jamaican Coffee Industry Board (CIB) launched its new website last week. The site, according to The Gleaner, promises to be the main source of comprehensive information on Jamaican coffee for buyers and stakeholders. The CIB, a quasi-independent statutory body, is charged with the responsibility of having oversight over the various players in the Jamaican coffee industry.
By: Ainsley Brown The Organization of the Petroleum Exporting Countries (OPEC) announced that there will be no cut in oil production. This is a status quo-hold-wait and see strategy by OPEC. By keeping oil production as is OPEC hopes to keep oil prices at exsting levels in the further hope that this will have no adverse effect on any pending
By: Ainsley Brown Contango! What is a contango? No it’s not an even more exotic version of the sultry Latin dance, nor is a tropical fruit. Then what is it? Contango, as explained on Money Morning, “denotes a normal and very specific condition associated with futures contracts in which the price of oil for distant delivery months from now exceeds