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Regulation & Compliance: Page 379

E-commerce Increases Risk of Counterfeits in Pharmaceutical Supply Chain

In 2011, batches of a cancer medication called Avastin, on their way to U.S. doctors from Canada, were found to contain no active ingredients. They were counterfeit - a rarity on U.S. soil. While no patient ever received the drugs, the fact that a potentially life-threatening counterfeit was able to make it to the U.S. shocked the pharmaceutical industry. It pointed to a growing trend - triggered by the rise of e-commerce and globalization - reaching the United States.

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OECD Action Will Cause Major Tax Changes Globally, Survey of Executives Says

Most senior tax executives see significant international tax changes over the next two years spurred by the Organisation for Economic Co-operation and Development's base erosion and profit shifting (BEPS) project, according to a survey released by EY at its 34th Annual International Tax Conference.

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Global Trade Pacts Raise Unanswered Questions

Negotiations over the Trans-Pacific Partnership have at long last come to a successful end. But ratification of the agreement is far from assured - and some key questions remain to be answered.

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Will EU Permanently Ground FedEx-TNT Deal?

What seemed like a sure deal may not be a slam-dunk after all. Regulators in the European Union have said they may consider demanding concessions, including the selling off of some assets, with regard to the proposed takeover of TNT Express by FedEx Corp.

U.S. Exploration Companies Drill for Congressional Support for Crude Oil Exports

After watching the price of oil and the size of their profits plunge, a dozen top executives from some of the nation's largest oil exploration companies flew to Washington late last winter on an urgent mission: push Congress and the White House to allow unlimited exports of American crude oil.

Only 45 Percent of Chemical Companies Met Recent GHS Compliance Deadline, Survey Reveals

The state of readiness in the chemical industry for the Globally Harmonized System of Classification (GHS) and OSHA's Hazard Communication Standard (HCS) is less than ideal, according to a survey from Loftware, provider of barcode labeling solutions.

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Did VW Puncture Credibility of Other Automakers' Diesel Technology?

The Volkswagen emissions cheating scandal has tanked the company's stock price, ousted its top executive and could ultimately cost the world's top automaker tens of billions of dollars. It may also destroy the credibility of diesel technology from all automakers.

Mars Opens Food Safety Research Center in China

Food producer Mars Inc. has opened a Global Food Safety Center, which it says is a first-of-its-kind facility for pre-competitive research and training that aims to raise global food safety standards through collaboration.

Predicting Trade Trends: Why We Get It Wrong

Is it possible that the world is moving too fast for economics experts to keep up?

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How to Stop Longshore Labor From Paralyzing U.S. Ports

U.S. West Coast ports are being "held hostage" by longshore labor. So says one noted economist.

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What Would Emission Control Area Mean for Shipping in Port of Singapore?

A Singapore-based scientist has urged the nation to implement an emission control area (ECA) to combat rising pollution.

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The Plague of Cybercrime: Is There Any Hope?

This is a "watershed year" for cybercrime, according to a new survey on the topic. Yet many companies are falling short in their efforts to battle it.

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