Search Results for: Australia

The takeover of troubled Greek cold cuts producer Creta Farms has been approved by a court, with Dutch-Bulgarian investment trust Impala Invest Group, which already runs food manufacturers in Bulgaria, to gain ownership.

A court of first instance in the Cretan city of Rethymno has formally approved a restructuring plan filed at the court by the new owner, which had been previously approved by the Greek banks and includes debt haircut of 64.12%.…

The cutting edge IT field of quantum computing is developing across Africa, with South Africa considered the hub, in part through an IBM centre in Johannesburg that enables academics throughout the continent to freely access its quantum computer network, based in the USA, through the cloud.…

The China National Coatings Industry Association (NCIA) on July 31 informed members that it has been told by the ministry of ecology and environment to investigate the production, treatment and disposal of hazardous waste in the coating industry and compile a management guide based on the investigation’s findings.…

The executive director of International Sugar Organisation (ISO) wants his body “to work more with the confectionery sector”, as it strives to debunk junk science that derides the nutritional value of sugar. José Orive told Confectionery Production that ISO wanted to succeed in presenting “scientific evidence-based information” about sugar’s health impact so the reputation of confectionery products is not “blackened with funky fake data”. …

INTRODUCTION

Quantum computers were once the stuff of science fiction, the technology that was always 10 years away from fruition. But now they are real and operating. Google last October announced it had developed a device of 53-qubits (quantum computers’ ability to express a signal), nicknamed Sycamore, which it claimed in a Nature article [1] took 200 seconds to sample one instance of a quantum circuit a million times, which the IT major claimed would take 10,000 years for a state-of-the-art digital supercomputer to achieve.…

AS governments worldwide loosen lockdowns imposed to impede the spread of Covid-19, energy companies are assessing their health and safety policies to ensure workplaces are not new infection hotspots, protecting workers and hence production.

These changes come as energy industries downscale workloads to reflect a collapse in demand for their output.…

THE NEED to actively recharge electric vehicles makes them less attractive to consumers, especially when batteries can take eight hours to charge. So, the development of ambient technologies that enable EVs to charge themselves as they operate has been a key focus of automotive R&D.…

HONG Kong textile industry leaders have tried to reassure clothing traders and manufacturers operating from the territory they will not face serious harm by any change of diplomatic recognition prompted by the passage of a new HK security law. Speaking to just-style, Louis Chan, assistant principal economist (global research), for the Hong Kong Trade Development Council (HKTDC), claimed that sourcing offices in HK would continue to operate smoothly: “As long as the subject merchandise is not made in Hong Kong, the possible revocation of the special trading relationship or any suspension of HKCO (Hong Kong country of origin) recognition should have little or even no direct impacts on HK’s re-exports (of those items),” he argued.…

Representatives of international food brands and analysts have told just-food that China’s State Council’s approval of 46 new pilot zones for companies conducting cross-border e-commerce, a move designed to help the country’s economy withstand the blows landed by the Covid-19 epidemic, also present opportunities to foreign food brands selling to Chinese consumers. …

MAJOR European food and drink industry associations have asked the European Union (EU) and Britain to consider agreeing a temporary holding Brexit deal, preserving EU/UK free trade, once the current transitional period involving the UK follows EU rules, expires on December 31.…