Search Results for: Switzerland

Switzerland’s largest insurance company, Swiss Life, and its subsidiaries in Luxembourg, Liechtenstein and Singapore have admitted to conspiring with US taxpayers and others to hide a total USD1.452 billion in offshore accounts, the US Department of Justice (DOJ) said on May 14.…

The world’s anti-money laundering/combating the financing of terrorism (AML/CFT) system has come a long way since the G7 group of nations decided to launch the Financial Action Task Force (FATF) in July 1989. But Australian researchers have claimed AML/CFT compliance costs USD300 billion and only nets USD3 billion of an estimated USD3 trillion in criminal funds generated annually (a 0.1% success rate).…

The European garment sector has been growing uneasy about how the six-day stranding of the 400-metre-long cargo ship Ever Given in the Suez Canal will affect its supply chain. It has also been assessing the lessons for future contingency plans regarding such cargo transport pinch-points.…

The Czech Republic’s digital textile printing business continued to thrive in 2020, with the Covid-19 pandemic’s e-commerce boom boosting trade rather than hampering the sector. Europe’s leading print-on-demand provider Spread Group, which was founded 18 years ago under the name Spreadshirt, and has a key plant in the Czech Republic, had a record year.…

COVID-19 has unleashed a significant boom in demand for apparel and other wearables that are anti-viral, cleansing consumers’ bodies of viruses, as well as bacteria.

Companies making fibres and yarns have been quick to tout anti-viral technologies. Examples include HeiQ Materials AG – a Switzerland based textile innovation specialist, which has been selling a new anti-virus textile treatment HeiQ Viroblock NPJ03, added to textile products during final processing and utilising anti-microbial silver, whose charge attracts viruses to spherical liposomes which deplete the virus membrane of cholesterol, allowing the silver to kill them.…

Environmental regulation is becoming increasingly tight for textile companies and this of special concern for the higher-tech side of the industry where new fibres, chemicals and processes are delivering a cutting edge. This is especially the case for innovative segments such as performance and outdoor materials.…

INTRODUCTION

NEW technology can deliver effective maintenance strategies to clothing and textile manufacturers, helping them go beyond reactive and proactive maintenance, moving into the more sophisticated world of prediction. The goal is to deliver an optimum maintenance strategy that enables manufacturers to get the most value out of their plant and equipment by spending the least amount of time, resources and money to deliver effective performance.…

COVID-19 has unleashed a significant boom in demand for apparel and other wearables that are anti-viral, cleansing consumers’ bodies of viruses, as well as bacteria.

Companies making fibres and yarns have been quick to tout anti-viral technologies. Examples include HeiQ Materials AG – a Switzerland based textile innovation specialist, which has been selling a new anti-virus textile treatment HeiQ Viroblock NPJ03, added to textile products during final processing and utilising anti-microbial silver, whose charge attracts viruses to spherical liposomes which deplete the virus membrane of cholesterol, allowing the silver to kill them.…

The president of the United States Fashion Industry Association (USFIA) has warned that the military takeover in Myanmar could spark a significant shift in sourcing away from this south-east Asian country if democracy is not restored promptly. Julia Hughes told just-style: “If there is not a quick resolution, then yes we would expect a major shift to other Asian suppliers.”…

WHILE investment into nuclear energy continues, especially in emerging market countries such as China, in Europe, this sector continues to dwindle in size, with some key countries sticking to plans to phase out the technology.

Concerns about safety and the environmental cost of its waste have encouraged Belgium, for example, to stick to its goal, as laid down in a January 2003 law (1), of stopping any nuclear energy production within the country by 2025, experts have told Energy World.…