Category: Featured

Turku-based Hesburger is now building sales in Belarus, having announced it would move into this country in 2017. This follows launches in Ukraine in 2015, and Bulgaria in 2016. Having branched abroad into Estonia first in 1996, now has 207 overseas outlets in eight countries (also including Russia, Latvia, Lithuania, as well as Germany, close to 271 it has in Finland.…

The USD25 million Renegade Rum facility – due to open on July 1 – aims to eventually produce one million litres of exclusive, terroir-derived rum every year.

Using local sugarcane juice, rather than molasses, Renegade owners Mark Reynier, John Adams and Sir John Mactaggart plan to create premium rum at the distillery, near Upper Conference, St Andrew’s Parish, 11 miles north-east of Grenada’s capital, St George’s.…

They say the UK can forge its own future by negotiating bespoke trade deals that reflect British interests rather than those of Brussels. But the more comprehensive deals Britain strikes, the more its room to manoeuvre will shrink – because all its trading partners (who are also striking deals with each other) will have to agree the same or similar terms for such deals to work.…

An amendment to a UK Sanctions and Anti-Money Laundering Bill requires the British government to impose such registers on its OTs by this deadline, if the local administrations have not created their own. The UK currently has the world’s only public beneficial ownership register – but it only covers England, Scotland, Wales and Northern Ireland – see http://ownershiptransparency.com/…

Dr Subodh Jindal, president of New Delhi based All India Food Processors’ Association, believes that a ban on single-use plastic will impact the food industry more than any other. He told just-food, “Let us not ridicule the good work plastic has done for the food industry.…

The software’s components are designed to assist personnel in visualising and routing aircraft movements – enhancing situational awareness about traffic conditions, expediting aircraft turnaround times, and automating fault diagnostics for airside equipment, according to Honeywell.

“Airports around the globe are seeing dramatic increases in traffic, and while that makes the world more connected, it increases complexity to ensure safe and reliable operations,” said Sonja Strand, vice president and general manager for Honeywell’s global airports business.…

This would mean direct job losses of up to 20,000 and indirect job losses of up to 140,000. For the US, he cited an assessment led by former acting director of the Office of Economics at the US International Trade Commission, Professor Dr Joseph Francois, that the tariffs could cost the US economy 146,000 jobs through retaliatory measures and increased metal costs (plus 33,000 in the steel industry, but minus 179,000 in the rest of the US economy).…

Lebanon’s banks are at the frontline, both literally – the country borders war-ravaged Syria north and east – and as they negotiate to preserve or recover correspondent relationships in a de-risking environment.

One million Syrian refugees, in a population of nearly six million, and parliamentary representation of Hezbollah, a designated terrorist organisation in the US and EU, make the task no easier, finds Paul Cochrane, in Beirut.…

Ralf Speth, CEO of the UK’s biggest automaker, Jaguar Land Rover, owned by Indian conglomerate Tata; James Farley, Ford executive vice president and president, Europe, Middle East & Africa; Warren East, Rolls-Royce CEO; and BMW board member Ian Robertson all signed the February 23 letter, which argued: “Business needs unrestricted access to the European market of 500 million people in order to continue to grow, invest and create jobs.…

Lump new car sales with the larger used car market, which accounts for around 60 percent of total sales, and overall sales are down 7 percent on last year, according to the Automobile Importers Association.

Yet while a drop in second-hand car sales is a boon to dealerships – and an environmental plus when it comes to the country’s carbon emissions, with fewer fuel-inefficient clunkers on the roads – the market has gone through a radical change in recent years that can be summed up in one word: downsizing.…