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.
EU SECTOR WANTS GLOBAL SUSTAINABLE RULES AND STANDARDS TO STAY COMPETITIVE
The European Union’s garment and textile industry pushed this Thursday, October 13, in Oporto, Portugal, for global rules to fight climate change to ensure fair competitiveness, with more international harmonisation of sustainable standards.
These wishes were expressed in the conference ‘Sustainability meets Competitiveness – how to square the circle?’,…
CHINA’S INFANT FORMULA PRODUCERS STRENGTHEN POSITION ON DOMESTIC MARKET AS AVERAGE WEALTH GROWS
The Chinese infant formula industry will hit a regulatory milestone in February (2023) with the introduction of new national standards first published last year (2021) by the country’s National Health Commission. These standards, including GB10765-2021 (1) promise to make labelling “more scientific”, thus improving quality of products.…
SERBIA DOMESTIC DAIRY SECTOR SHRINKS AMIDST DECLINING MARGINS AND INCREASING COSTSSERBIA DOMESTIC DAIRY SECTOR SHRINKS AMIDST DECLINING MARGINS AND INCREASING COSTS
In early September (2022), Serbia faced a serious domestic milk crisis, with empty or half-empty store shelves, with consumers relying significantly on imports of foreign milk from Poland and the Czech Republic. The domestic supply squeeze was not a surprise for Serbia’s dairy farmers, however.…
IRAN’S ROCKY BUT REWARDING COSMETICS MARKET
In recent years, Iranians have been driving growth in the Middle East’s cosmetics market, but worsening economic and political developments in Iran have restricted this growth. That has not deterred some personal care product companies, however, who continue to prosper in the country, whose market of 84 million people has significant potential.…
AMERICAN AIRPORTS TARGETS SOLAR FARMS TO BOOST SUSTAINABLE ENERGY SUPPLIES
Dulles International Airport, serving the US capital of Washington DC, is set to join a growing number of American airports that are putting the grassy territory around their runways to use producing solar energy. Planners of Dulles’ proposed solar farm and storage facility hope to lay claim to being the largest such airport-based project in the US.…
UKRAINE’S BELEAGUERED ACCOUNTING SECTOR SOLDIERS ON IN FACE OF RUSSIAN ATTACK
Russia’s invasion of Ukraine has touched the lives of all Ukrainians, destroying businesses, livelihoods and families, with accountants and practices not escaping the burden of the war. While some accountants have fled, and even abandoned the profession, those who remain must contend with a complicated landscape of jurisdictional, tax and staffing woes.…
GROWTH IN CANNED BEVERAGES BOOSTS METAL PACKAGING SECTOR IN SPAIN
The Spanish can market and industry, which has developed an international reputation for its dominant fish canning sector, is increasingly innovative, driven by contemporary trends in its beverage sector, with sales of canned water and wine joining a promising market which has traditionally been based on beer.…
AS PANDEMIC DUST SETTLES, SOUTH KOREA’S AESTHESIS MARKET FINDS ITSELF ALIVE AND KICKING
The South Korean aesthetics market is regarded by UK-based market researcher GlobalData as the fastest growing in the Asia-Pacific region, with an anticipated compound annual growth rate (CAGR) of approximately 7% between 2022 and 2030, displayed remarkable resilience during the pandemic.…
EU ADDS CARIBBEAN FINANCIAL CENTRES TO ITS TAX COOPERATION BLACKLIST
Caribbean islands offering offshore financial services have been named on a European Union (EU) blacklist that claims to target jurisdictions who give companies unfair tax breaks when parking their money in local bank accounts. The EU Council of Ministers on October 4 added the Turks & Caicos Islands, a UK overseas territory (OT), to the list, while re-listing another UK OT, Anguilla, which had been removed as recently as last October (2021) and The Bahamas, which had been removed in 2018.…
TECHNICAL ROUND UP – ISSB DEVELOPS FLEXIBILITY FOR SMALLER COMPANIES OVER SUSTAINABILUTY STANDARDS
The International Sustainability Standards Board (ISSB) has started detailed work on helping smaller companies apply its draft standards on general disclosures and climate reporting. A board meeting in Frankfurt, Germany, “discussed how it could give more consideration to the range of capabilities and preparedness of entities around the world to apply the proposals…”, said its minutes.…