Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
GRAPHENE-BASED TECHNOLOGY HELPS OIL AND MARITIME INDUSTRIES CLEAN UP OIL SPILLS
GRAPHENE, a form of carbon, formed into a single layer of atoms arranged in two-dimensional honeycomb lattice, has been hailed as a super-material – highly conductive (heat and power), strong, stable, and absorbent of light and liquid. It is the latter quality that has caught the eye of the petroleum sector, with graphene being used to help clean up oils spills.…
AML PROFESSOR’S TRADE DATABASE RAISES RED FLAGS OF POTENTIAL TRADE-BASED MONEY LAUNDERING
TRADE-based money laundering (TBML) is often hard to spot – that is why criminal networks use this typology. But a careful analysis of detailed trade data can reveal anomalous pricing flagging the possible presence of TBML. This is the key goal of a trade database created by a business professor at the USA’s Florida International University.…
EU ROUND UP – EU TITANIUM DIOXIDE PAINT LABELLING RULE CHALLENGED AT EUROPEAN COURT OF JUSTICE
A LEGAL challenge has been made at the European Court or Justice (ECJ) to a new European Union (EU) regulation that orders sellers of paints and coatings containing titanium dioxide (TO2) – an important whitener – to include health warning messages on packages.…
INTERACTIVE BROKERS FINED USD38 MILLION FOR AML FAILINGS
United States regulators have fined online investment service major Interactive Brokers a total USD38 million over a string of fraud and anti-money laundering failings. These penalties have come from parallel actions announced August 10: USD15 million to the Financial Industry Regulatory Authority (FINRA), and USD11.5 million each to the Securities & Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).…
JAPAN KNITWEAR HUB WAKAYAMA BUILDS ON TRADITION WITH INNOVATIVE PRACTICE AND NEW TECH
Innovation is a key to success in the knitwear sector, but when a manufacturing hub combines centuries-old traditions of knitted product production with new technology and ideas, that is a winning combination. This is the strength of Japan’s Wakayama knitwear manufacturing centre, located south of Osaka, on the western coast of the Kii Peninsula.…
VIETNAM APPAREL SECTOR OPTIMISTIC ABOUT GROWTH DURING ANTICIPATED 2021 REBOUND FROM COVID-19
VIETNAM clothing industry insiders have told just-style that they are optimistic that the Vietnamese apparel supply chain will emerge strengthened from the Covid-19 crisis in 2021. This is despite an ongoing shortage of orders during 2020, only partly mitigated by switching production to make masks.…
PAKISTAN APPAREL SECTOR SEEKS GOVERNMENT SUPPORT TO RECOVER LOSSES CAUSED BY COVID19
PAKISTAN’S clothing and textile sector has called on the country’s government to offer vigorous help to help the industry emerge from the Covid-19 pandemic, which it says has inflicted punishing harm on manufacturers. The All Pakistan Textile Mills Association (APTMA) and the Pakistan Readymade Garments Exporters & Manufacturers Association (PRGMEA) are united in pressing for government action.…
JAPANESE SCIENTISTS CREATE SPIDER SILK IN LAB THAT COULD BE UPSCALED FOR FACTORY PRODUCTION
Scientists in Japan have succeeded in developing an artificial spider silk that could have major implications for the apparel industry. The research team at the RIKEN Center for Sustainable Resource Science (CSRS), developed the spider silk from photosynthetic bacteria, paving the way for a new era of photosynthetic bio-factories delivering stable output.…
TURKISH CLOTHING MANUFACTURING SECTOR REBOUNDS FROM COVID-19 CRISIS
THE TURKISH clothing manufacturing sector says it has struck an accord with major brand buyers who they earlier this year accused of leaving them stranded during the start of the Covid-19 pandemic through contract cancellations, postponements, and payment delays.
This had left Turkish manufacturers with some USD3.5 billion in inventory and orders on hold, sparking action by trade bodies such as the Turkish Clothing Manufacturers’ Association (TGSD), which issued a letter of complaint in the International Textile Manufacturers Federation’s (ITMF) April newsletter.…
HK CLOTHING MANUFACTURERS WILL NOT SUFFER SERIOUS DAMAGE FORM NEW US LABELLING RULES, CLAIMS TRADE AGENCY
HONG Kong textile industry observers are confident that an announcement by US Customs and Border Protection (CBP) that imported goods produced in Hong Kong must from September 25 be marked as ‘made-in-China’ will not significantly harm clothing traders and manufacturers operating from the territory.…