Search Results for: Austria

The European Chief Prosecutor (ECP) of the embryonic European Public Prosecutor’s Office (EPPO) has challenged the 22 European Union (EU) states (1) that have signed up to an enhanced cooperation pact underpinning its existence to properly fund the new institution. Without enough money, the EPPO will not be effective, ECP Laura Codruţa Kövesi told Fraud Intelligence.…

Mavi, the Turkish denim giant, sold 9.7 million pairs of jeans worldwide in 2019, and, its chief executive has told just-style, has rebounded from the shuttering of the garment sector earlier this year with e-commerce sales doubling in its major markets.…

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.…

THE UNITED Nations’ Food & Agriculture Organisation (FAO) has proposed creating a permanent ‘observatory’ monitoring cocoa markets, assessing value and costs, to help chocolate sales revenues be more equitably distributed throughout supply chains.

In a report called a ‘Comparative study on the distribution of value in European chocolate chains’, the FAO said such “objectified and cross-checked data” would aid “a multi-stakeholder discussion” at national and global levels on revenue sharing.…

A MAJOR expansion in collecting sales information within the digital economy across the European Union (EU) and beyond has been proposed by the European Commission, to crack down on widescale tax evasion.

The EU executive has proposed reforms to an EU directive on administrative cooperation between tax authorities (see https://ec.europa.eu/taxation_customs/sites/taxation/files/2020_tax_package_dac7_en.pdf)…

Unsettling images of the Great Pacific Garbage Patch or pristine tropical beaches desecrated with debris have promoted the trend for plastics-free goods across a wide range of economic sectors, including nonwovens, pressuring industries and policymakers to respond to the problem.…

Enormous forces act on renewable energy system’s mechanical parts when generating power from wind and water. Between the smooth operation and potential loss of multi-million-dollar investments stand gear lubricants. Lubricants are also needed for the hydraulics that pitch the blades a few degrees every time the wind, or the water current, changes. …

If there is one subsector of technical textiles that is regarded as well suited to environment-friendly materials innovation, it is surely the agricultural textile (ag-tex) sector. This is indeed the case, with research and development specialists creating clever solutions allying the functional and sustainability benefits of ag-tex with new biodegradable and naturally-sourced fibre.…

TEXTILE and fibre innovators worldwide are seeking to tap growing demand for antimicrobial, virus and bacteria killing fibres and fabrics generated by the Covid-19 pandemic, encouraging clothing and fabric-makers to develop groundbreaking new technology.

Indeed, for companies such as HeiQ Materials AG – a Switzerland based textile innovation specialist – the pandemic has “opened a whole new chapter for the development of antimicrobial surfaces and textiles”, its co-founder and CEO Carlo Centonze told just-style.…

Carbon emissions within the European Union were falling fast last year (2019) even before the Covid-19 crisis halted much of the EU economy and slashed CO2 releases, according to new figures from EU statistical agency Eurostat. It argues that tightening regulatory controls were the key reason for a 4.3% year-on-year EU-wide fall in CO2 emissions from fossil fuel combustion (including oil and oil products, coal, peat and natural gas).…