Archive

Forensic linguistics is a new field, aiding detection of lies and deception within verbal and written statements, but it is developing, and artificial intelligence/machine learning offers new opportunities for this technique to become increasingly useful.

That is the view of Professor Jack Grieve, Professorial Fellow in Corpus Linguistics, University of Birmingham, UK, who sees a “great opportunity” in such work, although significant research is needed before such studies can yield useful work.…

Swiss pharmaceuticals giant, Novartis AG, plus a former subsidiary Alcon Pte and its current Greek wing, are together to pay out USD345.9 million in fines to American regulators because of corrupt practices. The penalties follow admissions that staff bribed public and private healthcare providers in Greece and Vietnam to choose Novartis products in breach of the United States Foreign Corrupt Practices Act (FCPA).…

EY, (formerly Ernst & Young), the Big 4 accounting major accused of shortcomings over its audit of disgraced German card payments processor Wirecard, is rejecting blame for its failure to detect the fintech firm’s EUR1.9 billion (USD2.1 billion) fraud scandal before it expanded to such a size.…

An Egyptian state-owned holding group is to build the world’s largest spinning factory, set to open in 2022, a key part of the country’s drive to modernise its textile and garment industry.

“It will have 182,000 spindles under one roof. Daily capacity will be 30 tonnes of fine yarn from Egyptian cotton, with average thread count 116 and a maximum count of 200,” Dr Ahmed Mostafa, chairman of the Holding Company for Cotton, Spinning, Weaving and Garments, told just-style.…

Indian packaged food manufacturers are increasingly relying upon online purchased home delivery of their products to compensate for falling demand in physical store retail because of Covid-19 lockdown restrictions imposed since March 24.

Instead, some major food manufacturers have built up home delivery network and boosted online purchases, in many cases through third party ecommerce platforms, but also developing their own delivery networks.…

Two former Iraq managers for Monaco-based energy major Unaoil were convicted July 13 in Southwark Crown Court, London of paying over USD500,000 in bribes to officials at the Iraqi South Oil Company to clinch a USD55 million contract for offshore mooring buoys.…

The Indian  knitwear industry, a sector that exported USD7.5 billion’s worth of apparel in the financial year ending March 2020, according to the country’s directorate general of foreign trade, is undergoing severe stress induced by the Covid-19 related lockdown and resulting collapsing demand.…

BRITAIN’S three Crown Dependencies, the Isle of Man, Jersey and Guernsey, are preparing to draft legislation to ensure their respective beneficial ownership registers are open to the public. But this access is not happening any time soon – with their governments saying they will not act before 2022.…

Member states of the European Union (EU) have for the first time been fined by the European Court of Justice (ECJ) for tardy implementation of European Union anti-money laundering legislation.

The ECJ has fined Romania EUR3 million (USD3.4 million) and Ireland EUR2 million (USD2.3 million) for implementing the European Union’s 4th anti-money laundering directive (4AMLD),more than two years past a June 26, 2017 deadline.…

THE ASIA nonwovens sector has been reaping the benefits of booming demand for protective medical materials during the Covid-19 crisis. But like the pandemic, this roaring demand will end, and nonwovens producers need to ready to a post-Covid-19 market.

This will mean reining in growth, but as David Price, founding partner of US-based management consultancy specialising in nonwovens Price Hanna Consultants, said, with regional nonwovens sales per person still low in global terms, the “market penetration for disposable and durable nonwovens in southeast Asia and China” is likely to grow regardless.…