Search Results for: Swiss

With lower battery and auto prices boosting the battery electric vehicle (BEV) market in Europe, the race is on to ensure there are enough fast-charging stations to satisfy demand. 

The European Automobile Manufacturers’ Association (ACEA) warned European Union (EU) lawmakers July 5 that plans to force a continent-wide switch to BEVs through swingeing cuts in CO2 emissions caps for manufacturers, was doomed to fail due to the lack of charging points.…

Dairy producers may find it more difficult to protect distinctive products from copies in the European Union (EU) after recent legal decisions confirming the tough standard of evidence manufacturers need to meet to claim intellectual property (IP) rights over food characteristics.…

THE SWEEPING overhaul of the United States tax code which took effect this year has offered a boost to American companies of all sectors, with companies that produce and sell confectionery being among those garnering the benefits.

The drop in the US corporate tax rate, from 35% to 21%, along with a provision that allows US companies to repatriate foreign earnings at a one-time cost, net of foreign tax credits, of 15.5%, is expected to shore up corporate cash positions.…

As Ireland approaches full employment, (unemployment is currently just 6.3%), companies facing higher labour costs and competition for staff are improving their workplace environment to become more attractive as employers. They also hope that a new generation of high-spec office spaces – some being unveiled by accounting firms – will boost productivity.…

The European Commission has proposed new European Union (EU) company law procedures saying how a company should move from one EU country to another; companies from different countries can merge; or one company can divide into two or more new units in more than one EU country.…

Green and European Free Alliance (EFA) members of the European Parliament (MEPs) are calling on the Spanish government to block a requested extradition to Switzerland of a French-Italian whistleblower arrested in Spain on April 4.  Hervé Falciani revealed details of 100,000 accounts held by French nationals, including politicians and celebrities, to France’s then finance minister Christine Lagarde (now managing director of the International Monetary Fund – IMF) in 2006 and 2007 when working as a computer scientist at HSBC’s Swiss affiliate.…

SURGING rates of cybercrime are driving businesses of all kinds to devote more attention and resources to preventing cyber-attacks, and drilling employees on how to respond to attacks is a key and increasingly important precaution.

According to John Skipper, a UK-based cyber security expert at specialist technology and innovation consultants, PA Consulting,

“Every organisation should be training staff to recognise a potential threat and react correctly.…

DEFERRED Prosecution Agreements (DPAs), that allow companies and individuals that admit to wrongdoing and cooperate with investigators and avoid prosecution, are becoming increasingly common worldwide, including for money laundering offences. The systems are particularly useful sticks to force erring financial and other corporate institutions to improve their anti-money laundering and combating the financing of terrorism systems (AML/CFT), with prosecuting agencies deferring criminal cases on condition of sustained AML/CFT reforms.…

UK Prime Minister Theresa May has signalled that the British government wants to seek associate membership of the European Aviation Safety Agency (EASA) if the country quits the European Union (EU), as planned, on March 29, 2019. In a speech at the Mansion House, London the PM said: “We would, of course, accept that this would mean abiding by the rules of [EASA] and making an appropriate financial contribution.”…

CLOTHING and textile companies are grappling with new good practice guidance in supply chain management that was released by the Organisation for Economic Development & Cooperation (OECD) last May (2017). An OECD Forum on Due Diligence in the Garment and Footwear Sector was staged in Paris last month (January 30-31), attended by governments, businesses, trade unions and non-governmental organisations (NGOs) working within or having an impact on the apparel sector.…