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Given today’s uncertain global economic environment, it is up to CFOs to manage expectations and push for their companies’ long-term growth through clear planning and a responsible corporate culture. Business leaders from across the globe discussed how to navigate these issues at the seventh ACCA Poland CFO European Summit, staged in Warsaw, on November 19.…

INNOVATIONS in bottles and jar manufacture, from using waste food as feedstock to creating gas bubbles in traditional materials to lighten packages and reduce material inputs, are helping personal care product companies reduce costs and their environmental footprint simultaneously.

And where companies are really smart, they can use these innovations to improve aesthetics, and add functionality features.…

DOCUMENTS obtained by Confectionery Production from the European Union (EU) indicate that Ukraine has lost up to USD126 million’s worth of confectionery export sales to Russia this year, because of Russian trade restrictions.
EU briefing papers note that Ukraine has been complaining to the World Trade Organisation (WTO) since October 2013 about alleged “unjustified barriers to trade caused by the measures of the Russian Federation, in particular, on Ukrainian confectionery products.”…

Companies are being offered an increasing amount of advice, guidance and tools to fight the demand for and payment of small bribes such as cash and vouchers, benefits in kind such as tickets to sporting events, pre-paid phone cards, alcohol, tobacco and perfume.…

IRELAND has been especially hard hit by the latest expansion of Russia’s ban on European Union (EU) meat exports, figures released today by the European Commission reveal.
Moscow has expanded its existing import restrictions to cover beef offal and beef fats.…

THE COMPREHENSIVE Economic and Trade Agreement (CETA) between Canada and the European Union (EU) will make it easier for both jurisdictions to recognise each other’s nursing certifications. Political leaders celebrated the end of negotiations in September in Ottawa, Canada (Sept 26).…

The European Commission today cleared the acquisition of the Corialis Group, a European supplier of aluminium extrusion services and aluminium doors and windows, by Advent International Corporation, a US investment firm. A Commission communiqué said the deal “would not raise competition concerns as Advent is not active in any market in which Corialis is active” at present, notably the aluminium sector.…

THE AMERICAN government has complained of delays by the outgoing European Commission that leaves office on November 1 regarding the authorisation of new bio-tech food products and ingredients for use in the European Union (EU). In a strongly worded message to the World Trade Organisation’s (WTO) disputes settlement body, the US said that the EU had failed to leave decisions to regulatory committees acting on European Food Safety Authority (EFSA) advice.…

INTERNATIONAL Financial Reporting Standards’ (IFRS) are not perfect, but their benefits to the European Union (EU) have outweighed their costs, an Association of Chartered Certified Accountants (ACCA) event in Brussels heard on September 25. The European Commission is carrying out its first public consultation on the impact of IFRS in the European Union (EU), seeking formal comments by October 31, helping it generate policy proposals by the end of this year.…

THE NEW European Union (EU) agriculture Commissioner Phil Hogan has promised to start preparing to abolish milk production constraints as a matter of urgency when he takes up his post on November 1. At a confirmation hearing in Brussels on October 2, he promised European Parliament agriculture committee members that small farmers with limited incomes would be particular beneficiaries of the planned end of the dairy quota regime from March 2015.…