Search Results for: America

THE EUROPEAN Parliament has voted to allow individual European Union (EU) member states to reject the cultivation of genetically modified food on their territories, independent of what the situation is at EU level. This law, negotiated with the EU Council of Ministers, leaves room to national governments to ban the GMOs from being produced in their countries for other reasons than environmental or health risks.…

THE FACIAL skin care market in Chile has enjoyed double digit growth for over a decade, and is expected to continue expanding. Although this market is expected to grow at a slower rate this year, market research firm Canadean Ltd has forecast an average annual growth rate of 11% between 2013 and 2018.…

INDIA’S Godrej Consumer Products Ltd has acquired another hair care business in Africa, buying a 100% equity stake in South African hair extensions specialist Frika Hair (Pty) Ltd.

According to a Godrej communiqué, Frika has a strong wholesale distribution capacity for it hair extension products that include braids, synthetic weaves, human hair weaves, wigs and hair-pieces.…

Turkey’s rapidly growing nonwovens industry is a rising star that everyone should be paying attention to. This was the general consensus at the second Turkish Nonwovens Symposium in Istanbul on November 10-11, held by EDANA, the leading global association of nonwovens and related industries.…

IN another sign that the economic and social divisions wrought by Europe’s 1945-1989 ideological division continue to ease, Czech accountant Petr Kříž will serve as president of the Federation of European Accountants (FEE) for the next two years. It is the first time in the history of this professional organisation that its president comes from a former eastern bloc country.…

BEEF producers in Uruguay are emerging as the most progressive and successful in Latin America with a universal system for electronically tracking cattle and a continued surge in exports.

The country’s accumulated exports of beef products for 2014 (up to December 6) reached 229,907 tonnes – an increase of 5,750 tonnes compared to the same period in 2013, according to the National Meat Institute (Instituto Nacional de Carnes – INAC), which monitors and promotes the meat industry.…

MEXICAN inspectors have visited 15 meat businesses in Spain as trade negotiations between the European Union (EU) and Mexico raise the prospect of greater exports to the Latin American country.

Mexico is already the main non-EU market for Spanish cured, cooked and preserved pork products and hopes are high that pork meat will be included in any deal with the EU.…

Central America’s increasing exposure to money laundering is at least being recognised by the governments on the region, who are working both individually and collectively to combat the problem.

The region has strengthened cooperation, for instance. A key initiative is the Central American Integration System (SICA), a regional political organisation which coordinates government actions for Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Belize and the Dominican Republic regarding certain policy development and programmes, notably improving law enforcement.…

Price may still be king in shaping American consumer demand for meat products, but its influence is waning as buyers seek more information on sourcing and preparation, according to key industry surveys and multiple retail insiders.

This trend is apparent across all retail sectors, from supermarkets to club stores to butcher shops, according to a comprehensive 2014 survey published by the American Meat Institute (AMI).…

ACCA has called on the European Commission to propose extending the scope of mandatory use of international financial reporting standards (IFRS) within the European Union (EU), stressing the value created by IFRS in Europe and worldwide. Its comments have come in a Commission review of the impact of mandating IFRS for consolidated financial statements of around 7,000 EU companies whose securities are traded on a regulated EU market.…