Search Results for: France

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).…

International News Services’ Nigeria correspondent, Samuel Okocha, has produced a photographic book showing a candid glimpse of the city. “It’s also a product of my strong interests in street photography which has been therapeutic for me,” Samuel said. “Street photography helps me slow down in a crazy fast moving city like Lagos.…

THE APPROVAL of a EUR3.2 billion set of subsidies by seven European Union (EU) member states could generate a major mineral supply and processing chain to manufacture lithium ion batteries within Europe. A decision announced yesterday (December 9) by the EU executive, the European Commission, loosening its usually tight control of national government support for industry, effectively greenlights a major collaborative project designed to strengthen European battery production.…

THE EUROPEAN Commission will next year (2020) consider whether to add zirconium to the European Union (EU) critical raw material list, with the aim of encouraging production and recycling of a mineral so resistant to corrosion, it is widely used in the nuclear industry.…

SUSTAINABLE EAF STEEL MAKING

Steel-making in Electric Arc Furnaces (EAF) is already a good example of a waste-free circular economy since today more than half of global steel output is being recycled, even if higher-quality materials are still produced from virgin materials and fossil-fuelled processes, said Carl de Maré, president of the European Steel Technology Platform (ESTEP) at an ESTEP workshop staged in Bergamo, northern Italy.…

Recent high-profile surveys on the attractiveness of Germany as an investment location paint a conflicting picture, but generally experts agree the country is a good place to invest. Professional services firm EY reported a 13% year-on-year drop in inbound foreign direct investment (FDI) deals in 2018, to 973, while the OECD recorded inbound FDI value January-July 2019 to reach USD22 billion, from just USD 1 billion in the previous semester.  …

A free trade deal between Europe and Australia is in the making but European Union (EU) trade negotiators have managed to generate some serious concerns among Australian dairy industry in the process. The EU wants Australia to recognise the exclusive rights of EU cheesemakers to the traditional names of almost 60 different types of cheeses through Australia recognising EU geographical indications (GI) within any agreement.…

The British subsidiary of French engineering giant Alstom has been fined GBP15 million (USD19.37 million) plus GBP1.4 million (USD1.8 million) costs over bribes it paid to win a key contract to build trams to serve the Tunisian capital Tunis. The fine comes more than a year after Alstom Network UK’s April 2018 conviction for bribery and corruption, in a case brought by the UK Serious Fraud Office (SFO). …

RETALIATORY duties imposed by the USA in a trade dispute with the European Union (EU) over aeroplane subsidies will, argues Italian farmers union, Coldiretti, shrink Italian food exports to the US by 20%, with the Italian speciality cheese sector being the hardest hit.…

A highly competitive market combined with healthy sums of investor capital look set to drive forward an increase  in merger/acquisition (M/A) activity in the cosmetic packaging sector, as companies seek to deliver added value to existing customer bases and extend their footprint into new territories, both geographic and product ranges.…