Search Results for: Brazil

Sports gear, geo textiles, flags, souvenir clothes, you name it. Every part of Brazil’s textile industry is waiting to see if they will win or not with the Rio de Janeiro summer Olympic Games from August 5 to 21 – but concern is growing that the event will not deliver a much needed boost in sales. …

A report released yesterday (Mar 10) by the Organisation for Economic Co-operation & Development (OECD) has advised textile manufacturers to support government efforts to tighten environmental rules, saying they are unlikely to cause a loss of business.

The report is an attempt to dispel the widely-held view that tighter environmental rules increase costs and damages business – especially in emerging market manufacturing hubs.…

Manufacturers of insecticide impregnated textile products, including mosquito nets and special clothing, are among the few commercial winners in the current healthcare facing Brazil through the Zika virus outbreak. Stores have not only reported a boom in sales in the country’s northeast – the epicentre of the crisis – but also in wealthier southern states such as São Paulo and Rio de Janeiro, which have been less affected.…

TAIWAN’S sportswear and functional textile exports are to be boosted by the Olympic Games in Rio de Janeiro, Brazil in August this year, according to a forecast by the Taiwan Institute of Economic Research (TIER).

The think tank has observed that demand for sportswear and functional textiles remained strong, even while orders for other textile categories were being cut.…

British engineering firm Rolls-Royce has been dragged deeper into Brazil’s Petrobras corruption mire with fresh questions arising over its links to Brazilian entrepreneur Julio Faerman, charged last month with bribery, money laundering and tax evasion. Faerman was one of 12 charged in ‘Operation Black Blood’ for an alleged bribery scheme between the state-owned oil company Petrobras and Dutch contractor SBM Offshore.…

Playing the blame game with worldwide known fashion brands has become a key strategy at Brazil’s labour and employment ministry, stopping the country’s textile and clothing sector from exploiting vulnerable workers, government inspectors have told WTiN.

They say that the high impact and publicity raids on manufacturing plants over the last five years are finally leading to businesses becoming more responsible over the hiring of workers to toil in poor conditions for little pay.…

Brazil’ biggest money laundering and corruption scandal kicked off at a petrol station that sits only two kilometres away from the National Congress of Brazil. And it still has a lot of fuel to burn.

When the Federal Police of Brazil raided a currency exchange booth at this fuel retailer on March 17, 2014, it began dismantling a political party financing and personal enrichment scheme that defrauded state-run oil giant Petróleo Brasileiro SA – more commonly known as just Petrobras – by at least USD2 billion in current figures.…

Innovative protective coatings have always been marked on their ability to deliver a function with excellence. However, there is real marketing gold where companies can demonstrate that coatings deliver a range of protective functions at the same time, such as waterproofing, insulating, and protecting aesthetics.…

THE EUROPEAN Commission has signalled it will be probing the possible abuse of bilateral double taxation treaties forged by European Union (EU) member states with non-EU countries, to detect tax avoidance.

The Commission has opened a formal investigation into how Luxembourg has taxed McDonald’s, assessing concerns that it allowed the US fast-food giant to avoid paying tax on its EU royalties in the Grand Duchy.…

Vegetable oil companies are rightfully concerned about the reputation of key feedstocks such as soy for good environmental and social sustainability. Bad news stories about poor pay, pollution and virgin land clearances can knock consumer demand for products and that is bad for business.…