PANAMA CITY–(Marketwired – May 3, 2013) – Mossack Fonseca & Co. will participate as a sponsor of the International Film Festival of Panama (IFF Panama), which will be held from 11 to 17 April 2013. The company participates as a law firm specializing in intellectual property and other legal services. Carlos Sousa-Lennox, Director of Marketing for the company, said: “We are pleased to work with the various cultural initiatives and the protection of intellectual property in this way to support national and international artists.”
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Consumers booking a range of items from cinema tickets to hotel rooms now have new protection from card surcharges.
Continue reading here: End to ‘excessive’ card surcharges
A judge approves the California city of Stockton’s bankruptcy filing, making it the most populous US city ever to enter bankruptcy protection.
Originally posted here: California city enters bankruptcy
Nation’s chocolatiers believe delicacy deserves same protection as Italy’s Parma ham or France’s champagne
Belgian chocolate makers will meet regional governments from next month to decide how Belgium might apply to the EU to protect Belgian chocolates.
The industry believes its renowned pralines should have similar protection to that enjoyed by French champagne or Italy’s Parma ham and want the term “Belgian chocolate” to be Belgium’s exclusive preserve. They also want to crack down on foreign rivals dressing up their products as “Belgian style” or from a “Belgian recipe”.
Copycats, they say, eat into sales and undermine a stamp of quality built up over the century since Jean Neuhaus invented the hard-shelled, cream-filled chocolate, the praline, in 1912.
“What makes us sad is that very often the copies are not up to the standard of the originals,” said Jos Linkens, chief executive of Neuhaus.
“If top chocolatiers around the world copied us, perhaps we would be happy. We don’t want the image of quality to suffer,” said Linkens, who is also president of Belgian biscuit, chocolate and confectionery federation Choprabisco.
Belgium boasts more than 200 chocolate firms and over 2,000 chocolate stores and museums, tours and workshops, such as the Brussels museum of cocoa and chocolate. Exports of Belgian pralines rose just 1% between 2007 and 2011, but shot up 60% in Asia and 82% in Africa. Sales to Asia in 2011 were three times their level a decade earlier. Individual chocolate makers talk of expansion in China and India last year of up to 50%.
And there is yet more scope for growth, with the average Chinese person eating less than 100g of chocolate per year against between 6-10kg for Europeans, Linkens said.
The surging demand in new markets has left foreign producers eager for a share of the market, tempting some to claim they too are making Belgian chocolates.
Guy Gallet, secretary general of Choprabisco, has a crate-load of “Belgian chocolate” boxes he and travelling Belgian executives have found on their travels. They include examples from Canada, China, Hungary, Ireland and Malaysia.
The Cyprus banking crisis underscores the crucial need for Europe to put standardized rules in place for the protection of insured depositors.
Read this article: Sheila Bair: It’s time for a European FDIC
Consumers need more protection against hidden charges tucked away in the small print, say the two law commissions responsible for promoting legal reform.
The giant employment group Manpower says at least 20,000 jobs have been created to deal with claims over mis-sold payment protection insurance.
Read more from the original source: ‘Jobs boom’ from PPI mis-selling
Category : World News
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BALTIMORE, MD–(Marketwire – Feb 16, 2013) – A post-repair inspection, performed by Mark’s Body Shop in Baltimore, Maryland, revealed that the insurance company’s “preferred” shop had used substandard parts throughout the repair. After only a month, rust was developing, indicating that corrosion protection had not been used. In repairs to the airbag, unibody, and bumper, the shop had failed to follow the manufacturer’s strict guidelines for a proper repair.