Search Results for: European Union

The Morocco textile and clothing industry is forging ahead with expansion and modernisation plans despite the September 8 earthquake that killed 2,900 people and could cause up to USD10 billion’s worth of damage, according to the US Geological Survey (USGS).…

California has passed a Climate Corporate Data Accountability Act, which would require US-based companies doing business in the state with more than USD1 billion in annual revenues to file annual reports publicly disclosing their Scope 1, 2 and 3 greenhouse gas emissions.…

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.…

Manufacturers, including major dairy producers, and retailers are increasingly innovating and investing in the growing market of plant-based cheese, to meet expanding consumer preferences for healthy and sustainable products.

According to data shared by UK-based market research firm Euromonitor International, global retail sales of plant-based cheese have been growing from USD584.6 million in 2020 to a projected USD896.3 million in 2023, Regionally, North America is the main market with projected USD443.2 million in sales in 2023, followed by western Europe with USD385.4 million  eastern Europe is much lower with a projected USD13.5 million in sales for 2023.…

While energy price rises have started levelling off after 2022 steep inflation, the need to boost sustainable electricity capacity in Europe, carried by strengthened transmission networks, boosting security of supply against unreliable partners such as Russia and further reduce carbon emissions, is becoming ever more pressing.…

The Cayman Islands is on the cusp of being removed from the FATF (Financial Action Task Force) grey list, where it has languished since January 2021, after it completed 63 reforms required by the global AML body. A final inspection by FATF officials was staged this month (September) (1), with the British overseas territory looking to be removed by the next FATF plenary in October (2023).…

The European dairy sector will be keeping a close eye on negotiations in Brussels about proposed reforms to the European Union (EU) industrial emissions directive (IED), in case the final text includes the milk producers, potentially limiting, for example, how they release methane and ammonia, especially, via air and liquid emissions.…

High inflation forces consumers and businesses to change their behaviours – and not always in positive ways: fillers for example, have sometimes been reducing the amount of food in cans, while maintaining the size of the packaging, and their prices. Unsurprisingly, this ‘shrinkflation’ has upset consumers and their representatives, highlighting a potential lack of transparency.…

California has passed a Climate Corporate Data Accountability Act, which would require US-based companies doing business in the state with more than USD1 billion in annual revenues to file annual reports publicly disclosing their Scope 1, 2 and 3 greenhouse gas emissions.…

Bangladesh’s globally important knitwear sector is facing a multifaceted crisis as work orders are falling, political instability and related diplomatic pressure is soaring, while the industry struggles to diversify its output as calls intensify for it to increase workers’ salaries. 

At the heart of the crisis are concerns that the country’s is losing ground in key Western markets.…