The latest International news Last update: 12.03.2010
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19 Feb 2010 Report: EU biofuels target could starve millions of people Millions of people could starve if member states deliver on the EU's target of sourcing 10% of its transport fuel from biofuels as a way of tackling climate change, argues a new report from ActionAid, an NGO."The huge expansion in industrial biofuels use must be stopped," said ActionAid's biofuels expert Tim Rice… read more
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11 Dec 2009 Google awards iQuest for application in tourism field Romanian-German company iQuest ranked 1st in the 'tourism' category in a global competition initiated by Google to award the best applications developed for Android operation system phones. The award came accompanied by a with 100,000-dollar cheque too… read more
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07 Dec 2009 Gazprom and GSP sign $269 mln contract Grup Servicii Petroliere (GSP), a Romanian company performing offshore drilling, controlled by businessman Gabriel Comanescu, signed a $269 million (€179 mln) contract with the Russian Gazprom giant, stating that the former will build a gas pipeline under the Black Sea that will also serve the Russian town of Sochi, which will host the 2014 Olympic Winter Games… read more
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12 Oct 2009 KPMG study: Recession provides tough stress test for global transfer pricing rules Good documentation may no longer be enough. Advance Pricing Agreements (APA) limitations exposed by changing markets. Many transfer pricing systems around the world are coming under unprecedented stress, as the global recession forces companies and revenue authorities to reassess their economic expectations, a new study from KPMG's Global Transfer Pricing Services group has found… read more
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