Search Results for: Canada

The Mexican auto industry should be able to preserve its critically important USA export sales if it implements the new labour wage and origin components of the United States-Mexico-Canada Agreement (USMCA) slowly and steadily, allowing time to invest in technological efficiencies, experts predict.…

Mavi, the Turkish denim giant, sold 9.7 million pairs of jeans worldwide in 2019, and, its chief executive has told just-style, has rebounded from the shuttering of the garment sector earlier this year with e-commerce sales doubling in its major markets.…

Countries exporting the most goods and services are also the worst at foreign bribery enforcement, according to the latest report from anti-graft group Transparency International. ‘Exporting Corruption Progress Report 2020: Assessing Enforcement of the OECD Anti-Bribery Convention’ finds that most countries assessed (34 out of 47), conducted weak or no enforcement of their foreign bribery laws, in part hindered by a lack of public information on beneficial ownership. …

From sustainability to flammability, anti-viral protection to anti-corrosion, the potential applications of nanocoatings in the aerospace industry are “nearly endless,” say researchers who have noticed a sharp uptick in their use. This is particularly in relation to space missions and technologies.…

A WORLD Trade Organisation (WTO) disputes panel will assess whether import restrictions created by the European Union (EU) to reduce the use of carbon-intensive biofuels comply with global trading rules.

The Indonesian government is challenging portions of the EU’s renewable energy directive (RED) linked to EU guidance limiting the indirect land use change (ILUC) of biofuel feedstock cultivation.…

Cigarette sales could be boosted by the growing challenges faced by vaping products, according to senior figures from the industry speaking to TJI. Certainly, the days when vaping products received a relatively clear pass in marketing restrictions are over in some jurisdictions.…

The Canadian government is likely to extend its ‘Incentives for Zero-Emission Vehicles’ subsidy program when it brings an economic update statement to parliament during the fall, the Canadian Automobile Dealers Association (CADA) predicts.

Its Chief Economist Oumar Dicko highlighted promises within a ‘Throne Speech’ delivered on September 23 (1), outlining the Liberal government’s plans, which said it would “make zero-emissions vehicles more affordable while investing in more charging stations across the country”.…

A SHIFT towards home-based work during the Covid-19 epidemic has raised multiple challenges for AML/CFT regulatory compliance departments, from changes in consumer behaviour that affects transaction monitoring, to digitally onboarding new customers, and heightened risks of illicit crime and fraud.

The first few months of the Covid-19 pandemic and related lockdowns this spring especially stretched financial institutions’ regulatory compliance departments to their limits, said Patrick Gerard Dahill, head of AML and financial crime recruitment at Barclay Simpson, in London.…

THE INTERNATIONAL Federation of Accountants (IFAC) has released detailed proposals to create a new International Sustainability Standards Board (ISSB), working alongside the International Accounting Standards Board (IASB) but operationally independent under the IFRS Foundation. The goal would be integrating standards created by a wide range of existing sustainability initiatives, such as from the CDP (https://www.cdp.net/en…

QUANTUM computing is coming to fruition after decades of research and these new powerful systems will offer textile finishers the opportunity to develop new chemicals and products that they simply could not explore and create using classical computers.

These new computers excel in the complex calculations that are needed to model molecules, especially those from nature, whose assessment are often at the core of designing new chemical solutions that could deliver new functionality and colour to textiles.…