Search Results for: Climate change

Important changes in the way that the European Union (EU) deals with orphan medicines could be signalled later this year when the European Commission publishes a revised version of its 2003 Communication (policy paper) on the topic. The Commission has said wants to “streamline the regulatory framework” underpinning the assistance given to manufacturers of orphan drugs and to adapt the policy to “technical progress”, and asked for comments from the pharma industry and other interested parties on how it should proceed.…

The European Commission’s revised circular economy package (CEP) proposals – which includes an action plan and new legislative proposals on waste – risks making producers pay for everything, not just collection and sorting of packaging, representatives of key metal processors have claimed.…

THE INTERNATIONAL Energy Agency (IEA) has warned that Belgium’s planned phase-out of its nuclear power capacity threatens the security of its energy supplies. In a paper on the country’s energy outlook, the IEA concluded: “Phase-out by 2025 is close. Security of supply needs to be ensured, but new investment in generation capacity is lacking.”…

The much-admired Swedish model for corporate governance has survived some pretty lurid newspaper headlines last year – for now a series of high-profile sackings has headed of demands for root-and-branch change. Under the lead of the Stockholm daily newspaper Svenska Dagbladet, the Swedish public learned in 2015 of excesses at the top levels of the country’s corporate management, ranging from private use of jets at the giant global hygiene and forest products company SCA to what the Swedish Shareholders’ Association (Sveriges Aktiesparares Riksförbund) describes as “dubious hunting parties involving auditors and other employees, spectacular trips to the European Cup and World Cup in football and Formula One races with family members”.…

It gets exceedingly hot in Riyadh in the summer, with the mercury rarely below 40 degrees Celsius, but that does not deter Moazam Shah from going for his evening run around the residential compound he lives in with his family.

After six years in the Kingdom of Saudi Arabia, Pakistani national Shah has acclimatised to exercising in extreme heat: “It’s a time for myself, to catch up on my thoughts,” he told Accounting & Business at the Ritz-Carlton Hotel in Manama, Bahrain.…

Birla Spunshades, Aditya Birla’s vibrant, heavy metal-free, coloured spun-dyed viscose fibre, is helping Indian spinner score new orders linked to major international buyers. Fabric made out of Spunshades is being supplied to clients such as British retailer Marks & Spencer (M&S) and Sweden’s Hennes & Mauritz (H&M), to name two big names.…

Russian automotive consumers suffering in their country’s current economic recession are delaying vehicle purchases and investing in single, more expensive family cars rather than buy several small cars for individual use, experts have told wardsauto.

They are commenting on data that has confounded predictions that the country’s volatile financial situation would mean a return to purchasing cheaper and smaller car models, such as the Ladas driven during the Communist years.…

Brazilian textile businesses need to prioritise sustainability certification to compete in the face of slumping domestic consumption and increasingly demanding consumers, say local industry analysts.

The Brazilian textile and apparel industry association, Associação Brasileira da Indústria Têxtil e de Confecção (ABIT) is pushing for companies to embrace its Green Stamp (Selo Verde) eco-label as a nationally recognised scheme.…

Indonesia’s mosquito net industry is facing high demand due to the growing number of middle class consumers in the country and their increasing desire to live a more natural lifestyle, according to Citra Maya, an Indonesian mosquito net supplier.

Arif Novianto, a marketing manager at Citra Maya, told WTiN.com…

As the European Union (EU) dairy industry continues to face challenges, it is calling for EU institutions and member governments to have a greater focus on resolving Russia’s ban on EU agricultural goods, while continuing to open up new markets. In the meantime, the Russian ban has not helped an oversupply problem that is depressing prices.…