The Food Safety Modernization Act (FSMA) has shifted the focus from response to prevention, driving traceability and helping to increase food safety.

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The growth and development in the extracting of oil from shale rock has been given as the primary reason for this, with the method providing the US with the ability to gain significantly more extractable oil resources. Furthermore, the IEA predicts that further progress in this field could lead to the US becoming all but self-sufficient in its energy needs by around 2035.


 

For the second time in 2012 China will raise its Qualified Foreign Institutional Investor (QFII) quota, once the current limit of $80 billion is reached. At the same time it will raise the limit for investors seeking to put funds raised overseas into the country’s markets.


Kentz Pty has been awarded a US$45 million, engineering, procurement and construction (EPC) contract for the 75MWp Kalkbult solar photovoltaic project in the Northern Cape area of South Africa.

Awarded by Scatec Solar which is developing the Kalkbult solar PV project, this is a key component of Phase 1 of the South African Department of Energy's 3,725MW Renewable Energy IPP Procurement Program.


 

Boasted by the significantly higher revenues generated by its sports network, ESPN, and its cruise ship operation, the entertainment juggernaut revealed in a statement that group sales have risen by three percent to $10.78 billion. The company also highlighted that its theme parks division reaped the rewards of higher attendance figures at its Hong Kong, California and Paris locations.


Swedish clothing retailer H&M was the biggest user of organic cotton worldwide for the second consecutive year in 2011, according to Textile Exchange's latest Global Sustainable Textiles Market Report.

“H&M's ambitious program continues to drive demand for organic cotton and other more sustainable fibres,” said LaRhea Pepper, managing director of Textile Exchange.


Dust control is an issue in the mining industry, but also in agriculture, railways, roads and even the military. Bruce Coulthard, president of PZS Stabilization, talks about the revolutionary dust control product PennzSuppress D.


Leaders under pressure must put people first, ensuring that everyone in the company is clear on their role and purpose, and is working together to achieve the business goals.

A survey in the US by administrative staffing firm Office Team in June this year found that nearly half of all employees say they have a bad boss. Some 55 percent of those said they dealt with it by trying to improve the situation or just suffering through, with 38 percent saying they left the company either immediately or as soon as they had lined up a new job.

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CEOs should focus on shareholder value at risk in managing major change programmes.

 

Every major change management programme puts shareholder value at risk. If the project succeeds and meets its objectives, then shareholders benefit. If it fails or even partially fails, then the value of the company may fall and keep falling. And CEOs don’t usually survive such an outcome.

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