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The European Parliament’s committee on economic and monetary affairs (ECON) and its committee on civil liberties, justice and home affairs (LIBE) have rejected a proposed blacklist of non-European Union (EU) jurisdictions deemed to be high risk locations for money laundering. In a joint vote on Wednesday (May 3), the committees asked the full European Parliament plenary to confirm their opposition to the list.…

GREECE is to benefit from nearly EUR500 million’s worth of financing from the European Investment Bank (EIB) and the European Bank for Reconstruction & Development (EBRD) to finance regional airports whose concessions were approved as complying with European Union (EU) competition law in March.…

THE DIFFICULTIES that have surged in the diplomatic relations between the Mexican government and the new US administration of President Donald Trump have increased uncertainty within the Mexican personal care product market and industry.

With Mexico facing US demands to renegotiate the North American Free Trade Agreement (NAFTA), with the risk of the US imposing temporary safeguard duties on Mexican exports to protect American manufacturers, companies in Mexico are seeking to boost domestic consumption.…

Investing and doing business in Bulgaria is not for the faint-hearted. Overseas companies are not only likely to encounter a few rotten and corrupt business partners, but rather systemic bribery, tough access to financing, policy instability, and an inefficient government and judicial system.…

German carmaker Volkswagen and one of its brands Audi both have downplayed allegations from two European consumer organisations that they still are cheating on nitrogen oxides (NOx) tailpipe emissions. Italy’s Altroconsumo and sister organisation Belgium’s Test-Achats, on April 11 published the same tests results, which both Volkswagen and Audi have rejected, claiming the organisations should release more test data to prove their cases.…

EUROPEAN Union (EU) automotive suppliers are accelerating innovation in connected and automated driving (CAD), industry experts told the April 25 policy debate on ‘Safe, Sustainable, Smart Mobility’, organised by the European Association of Automotive Suppliers (CLEPA) in Brussels.

“Digitalisation is the most important transformation in the car industry,” said Violeta Bulc, the Commissioner for transport and mobility on the EU executive body, the European Commission.…

EUROPEAN Union (EU) exports of textile products to Russia have stabilised, despite a sharp fall between 2014 and 2015, as diplomatic relations between Brussels and Moscow worsened amidst financial sanctions imposed on Russian companies and banks over the Ukraine crisis.

New figures passed to WTiN.com…

European Union (EU) lawmakers have voted for emission compliance checks on 20% of all new models already on EU roads to beat test cheats in type approval assessments. The European Parliament voted through the requirement on Tuesday (April 4) at its Strasbourg, France, plenary, in an amendment to proposals drafted by British Conservative MEP Daniel Dalton on a proposed law revamping the EU’s type approval system.…

The oil and gas industry is reshaping its strategies, practices and values as it responds to global agreements on climate change and sustainable development. The 2015 United Nations Paris Agreement on climate change and the UN Sustainable Development Goals (SDGs) – which came into effect in January 2016 – are prominent among global governance challenges driving change in the oil and gas industry, but pressure just keeps building.…

THE EUROPEAN wipes market is a complex affair. This is a varied segment, in itself, but wipe use varies between countries with contrasting consumer cultures – meaning that in some states, wipes sales are increasing; in others decreasing; and in others, the kinds of wipes being sold is changing.…