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Policy initiatives aimed at reshoring large sections of the US automotive supply chain could seriously restrict the growth of the country’s electric vehicle (EV) market, a key UK motor industry conference was told on Wednesday (Oct 18). Speaking at the UK Society of Motor Manufacturers and Traders’ (SMMT) Global Trade Conference, in London, David Schwietert, chief policy officer at the Washington DC-headquartered Alliance for Automotive Innovation, aired concerns about the Biden administration’s Inflation Reduction Act’s (IRA) manufacturing incentives.…

Union members at Canada’s Unifor have ratified the agreement struck on Monday (Oct 9) with General Motors Canada (GM). The detailed deal was circulated to 4,300 autoworkers at Unifor locals 222, 199 and 636 in Oshawa, St Catharines and Woodstock, Ontario, at 6am Saturday morning, with balloting staged over the weekend (1).…

Union members at Canada’s Unifor have ratified the agreement struck on Monday (Oct 9) with General Motors Canada (GM). The detailed deal was circulated to 4,300 autoworkers at Unifor locals 222, 199 and 636 in Oshawa, St Catharines and Woodstock, Ontario, at 6am Saturday morning, with balloting staged over the weekend (1).…

The national president of Canadian automakers union Unifor has hailed an agreement struck with General Motors (GM) yesterday (October 10) as being particularly valuable for the numerous younger workers at GM Canada. Lana Payne told a press conference in Toronto that agreement on fast-tracking temporary workers to permanent positions was important at GM: “They have a lot of young people and young hires – they’re going to do significantly well.”…

Canadian automakers union Unifor last night announced strike action at General Motors plants in Canada, claiming the company had refused to accept a pattern agreement reflecting the deal struck with Ford last month (September). The union said the strike includes all its GM members at the Oshawa Assembly Complex and its CCA Stamped Products plant, plus the St.…

This summer, Ferrero Rocher launched a Belgian eye-catching limited-edition range of its

flagship Nutella 700g glass jars, featuring 11 different must-see sights from Antwerp’s train station to Villers-la-Ville’s abbey, mirroring a ‘Love Your Country’ campaign that has run in Ferrero’s home country Italy.…

Over the past 50 years, generational differences in style and colour preference have altered demand for decorative paints, but geography and climate are also drivers when it comes to choosing interior coatings. More recently, at a more global level, differentiation has sharpened between the tastes of Baby Boomers and Generations Y (Millennials) and Z.…

The invasion of Ukraine by Russia has sparked an unprecedented level of international sanctions. However, it has also caused an unprecedented wave of sanctions evasion.

June’s (2023) plenary of the Financial Action Task Force (FATF) had a clear message for the global anti-money laundering community, which includes organisations fighting sanctions evasion: “FATF reiterates that all jurisdictions should be vigilant to current and emerging risks from the circumvention of measures taken against the Russian Federation in order to protect the international financial system.”…

As artificial intelligence (AI) systems advance, detection of trade-based-money laundering (TBML) should improve, but there are major drawbacks to widespread implementation, notably though a dearth of available trade data, and poor statistical harmonisation worldwide. Paul Cochrane reports.

Artificial intelligence (AI) and machine-based learning has been used for the past decade by financial institutions to sift through vast amounts of data to spot anomalies as well as verify information.…

Sales in Europe of China-built electric vehicles (EVs), such as Tesla Models 3 and Y, BMW iX3 and Renault Dacia’s Spring, could all be hit if the European Union (EU) slaps proposed countervailing duties on cheap battery electric vehicles (BEV) made in China.…