Search Results for: France

Caribbean islands offering offshore financial services have been named on a European Union (EU) blacklist that claims to target jurisdictions who give companies unfair tax breaks when parking their money in local bank accounts. The EU Council of Ministers on October 4 added the Turks & Caicos Islands, a UK overseas territory (OT), to the list, while re-listing another UK OT, Anguilla, which had been removed as recently as last October (2021) and The Bahamas, which had been removed in 2018.…

Concern about rapid increases in consumption in heated tobacco and the European Union’s (EU) stated ambition to reduce all tobacco use by 2040 so that less than 5% of the 27 member countries’ 447 million people is pushing EU policymakers towards tightening vaping and e-cigarette controls.…

The Germany-based Saxon Textile Research Institute (STFI – Sächsische Textilforschungsinstitut) (1) has been working hard on developing textile grippers as tools that replace the human hand as the industry increasingly adopts automation. (2) STFI analysis sent to Textile 4.0 stressed the need for a wide variety of grippers given the large variety of fabric workpieces in clothing and textile manufacture.…

The exchange of intelligence is a key element of AML/CFT, with FATF’s recommendations 36 to 40 focusing on international cooperation. The Egmont Group of FIUs also continues to hone how it securely delivers exchanges of sensitive AML/CFT information between its 167 members.…

India’s nascent wine market is dominated by domestic brands trying to overcome low awareness about wine among Indian consumers, while dealing with high taxation and cumbersome trading regulations. However, these wine companies are confident of achieving high sales growth in the short and medium term, with market projections looking healthy, even if they vary widely.…

The Chinese are eating more cheese than ever.

China’s cheese market size reached Chinese Yuan Renminbi CNY/RMB6.32 billion in 2020 and is expected to grow at a CAGR of more than 8% during 2020-2025, according to a 2022 report from GlobalData, the market researcher that owns Just Food.…

In late-July, the European Investment Bank (EIB) agreed on the financing structure of NeuConnect, the first ever energy link connecting Germany and the United Kingdom, two of the largest electricity markets in Europe. The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).…

The investment to build the interconnector will amount to EUR2.8 billion, with the EIB set to contribute up to EUR400 million for the financing construction of the section within the European Union (EU).  Other financiers include the UK Infrastructure Bank, which will focus on the stretch within UK maritime and land territory, and the Japan Bank for International Cooperation (JBIC).…

A European research project is seeking to overcome hurdles to the development of new generation of supercapacitors (SC) for fast-charging, structural energy storages for the automotive industry, as well as aviation services.

The PRINTCAP project was launched in July and will last until 2025, with an anticipated budget of EUR200 million (USD199 million), from public and private sources.…

A lack of reliable data across Africa has weakened policies to improve higher education across the continent, development experts argue. They claim the problem is compromising the achievement of the UN’s Sustainable Development Goal (SDG 4) (1) to leave no one behind in tertiary education by 2030, even though several local data development initiatives are trying to improve the flow of useful statistics.…