Search Results for: Germany

Stellantis and South Korea’s LG Energy Solution today (Wednesday March 23) announced they would build a CAD5 billion (USD4.1 billion) electric vehicle battery plant in Windsor, Ontario.

It will be the first such plant in the province, and should open in 2024, employing an estimated 2,500 people.…

The Russian invasion of Ukraine has caused major disruption to the textile sector in the region and beyond, with Ukraine manufacturers suffering from being within a war zone, and Russia textile companies suffering from the major sanctions imposed by European, north American and some Asian governments.…

The European Parliament has voted overwhelmingly today (March 9) for a European Union (EU)-wide ban on golden passports or citizenship by investment (CBI) schemes by 2025. In a 595 for, 12 against and 74 abstentions vote, MEPs approved a report on ‘citizenship and residence by investment schemes’ (1) which said schemes operated by 12 EU countries (2) “pose several serious security risks for Union citizens” notably corruption and money laundering.…

As the world moves on from the Covid-19 pandemic, the shift to living and working more online is proving permanent, bringing a sustained greater risk of cybercrime, not least ransomware attacks. The risk has been recognised by the US Securities & Exchange Commission (SEC) on March 9 proposing mandatory cybersecurity disclosure for public companies, with standardised cybersecurity risk management, strategy, governance, and incident reporting. …

With fraud levels booming – a PwC report released last May (2021) said 47% of more than 5,000 interviewees’ companies suffered an average of six frauds in the previous two years – anti-fraud professional salaries are growing. (1)

The Association of Certified Fraud Examiners (ACFE) will release its next anti-fraud sector salary survey in the summer, but Mason Wilder, an ACFE research specialist confirmed pay is “going up – as are most wages and salaries in professional fields”.…

While Germany is not the main place where rolls of fabrics are pulled through large format ink-jet printing machines in direct digital fabric printing processes, it does have a considerable eco-system of enterprises that finish garments and home textiles with screen printing.…

FATF has agreed reforms to its Recommendation 24 on beneficial ownership, insisting that governments ensure UBO data is henceforth held by a public authority or central beneficial ownership registry. The changes agreed by FATF’s plenary last week also insist that competent authorities can rapidly and efficiently access UBO information.…

The Tunisian halal poultry sector has claimed its good practice has been preventing livestock from becoming infected with bird flu, that can infect human consumers. Tunisia’s vulnerability to the disease is particularly intense because the country lies on the key wild bird migration routes between sub-Saharan Africa and Europe.…

Transport coatings innovators have been increasingly integrating graphene into their products, as researchers continue to leverage the functionality delivered by a sustainable material whose honeycomb lattice nanostructure offers major durability without adding bulk.

Researchers from Poland’s Gdańsk University of Technology have highlighted graphene’s flexibility and ability to adapt to the “roughness and curvature of the substrate surface” as a boon within paint and coatings design, especially for hard wear and tear uses, such as transport.…

Roughly two decades after China entered the World Trade Organisation (WTO) (in December 2001) and nearly two-and-a-half years into the Covid-19 pandemic, the country’s textile and apparel sectors seem healthier than ever. Customs data show that in 2021, the cumulative export value of China’s textiles and clothing reached USD315.5 billion, a year-on-year increase of 8.4%.…