Search Results for: Germany

THE KNITWEAR manufacturers of Taiwan are being challenged by headwinds from the global economic downturn, which has undermined their smart high-end export strategy. Last year was not a good one – as indicated by drops in exports of circular-knit fabric and knitted clothing apparel of 2.74% to USD1.265 billion and 10.97% to USD178 million respectively in the first eight months compared to the corresponding period of 2011.…

BY ALAN OSBORN

It is a testimony to the continuing power of the American marketplace, even in today’s multi-polar world, that the USA’s controversial Foreign Account Tax Compliance Act (FATCA) has so much influence. Indeed, by key US trade partners adopting many of its provisions themselves, the act is going global and threatening to turn the world of international tax management upside down.…

BY ALAN OSBORN

A new model international tax agreement designed to improve cross-border tax compliance and boost transparency was agreed in July by the US and the so-called EUG5 countries – the UK, France, Germany, Italy and Spain. The model will allow implementation of the American Foreign Account Tax Compliance Act (FACTA) through automatic exchange of data between governments, reduce compliance costs for financial institutions and provide for reciprocity.…

Alan Osborn

It’s not clear where the money will come from, or when, but the word from the European

Commission to thousands of European students planning to study abroad in the near future is: don’t change your plans. It’s much-needed advice as the budget for the Erasmus student exchange programme is again under threat.…

BY MARCAS GAO, IN TIANJIN

The chief of one of China’s most ambitious beef processing companies has told globalmeatnews.com how his plans are being frustrated by a shortage of cattle, even as demand for beef surges in the country’s urban centres.…

BY KEITH NUTHALL

THE EUROPEAN Commission has confirmed key beef exporters Brazil, Argentina and Uruguay will be excluded from the European Union’s future GSP low import duty regime for emerging markets, as they are now too rich to benefit. Brussels has released a list of countries that will qualify for this special status and the Brazilians, Argentines and Uruguayans are not included, along with middle-income countries such as Venezuela, Belarus, Russia, Kazakhstan, Malaysia and others.…

BY CARMEN PAUN, IN BRUSSELS

THE EUROPEAN Commission will launch a study next year to ask consumers whether they would like meat products labels to contain information about stunning methods used before the animal was slaughtered, said Denis Simonin, animal welfare chief at the European Commission’s health and consumer directorate general.…

BY CARMEN PAUN, IN BRUSSELS

Precision Castparts Corp. (PCC), a worldwide US-based manufacturer of complex metal components sought approval from the European Commission yesterday (Nov 14) for its plan to acquire control of fellow American’s, Dallas-based Titanium Metals Corporation (Timet). It produces titanium melted and mill products, while Oregon-headquartered PCC manufactures structural investment castings, forged components, and airfoil castings for aircraft engines and other applications in various industries.…

BY CARMEN PAUN, IN BRUSSELS

EVER since the European Commission announced last month that it would stop subsiding food-based biofuels from 2020 and support the production of secondary biofuels based on waste matter and algae, Europe’s biofuel sector has been preparing to fight for survival.…

BY RAGHAVENDRA VERMA, IN NEW DELHI

IT may seem odd that the development of natural gas and oil fracking in the United States might create wealth for farmers in the arid Indian state of Rajasthan, but it is the case. Seeds of guar or cluster bean (Cyamopsis tetragonoloba), a common vegetable in India, are in demand from America’s growing fracking industry.…