Search Results for: Germany
10 results out of 3221 results found for 'Germany'.
TIDE OF CHINESE MONEY LAUNDERING CHANGES – WITH FLOWS FROM EUROPE TO CHINA GROWING
A case detected last May (2015) at Lisbon international airport, Portugal, says much for the worrying scale of the laundering of illicit funds from Europe into mainland China. A nondescript Chinese couple travelling from Lisbon to Shanghai via the United Arab Emirates’ (UAE) Dubai was stopped carrying more than EUR1 million in large denomination notes found elaborately wrapped in ‘danger, chemicals’ packaging within packets marked ‘FRAGILE’.…
THE BIG BOOST IN EU PIG MEAT EXPORT MIGHT NOT LAST FOR LONG
EUROPEAN Union (EU) pig meat producers were big winners in boosting export sales over between last March (2016) and February (2017), according to the European Commission, with receipts rising by more than 33% compared to the same period last year. The EU pigmeat sector earned EUR5.4 billion in export earnings from March 2016 to February 2017, EUR1.35 billion more than the same period in the previous year, leading the United States and Canada as the second and third most important pigmeat exporters, reported EU statistical agency Eurostat.…
POLICE AND COMPANIES FLOCK WORLDWIDE TO JOIN EUROPOL’S RANSOMWARE PROJECT
A SIGNIFICANT number of law enforcement and private partners have joined European police cooperation body Europol’s global ‘No more ransom’ project, designed to halt the growing threat of ransomware. There are now 76 participants in the project, which was launched last July (2016) by the Dutch National Police, Europol, IT firm Intel Security and cybercrime specialists Kaspersky Lab.…
CREDIT SUISSE IN MULTI COUNTRY TAX EVASION PROBE
Swiss bank Credit Suisse is facing parallel investigations in five countries – Australia, France, Germany, the Netherlands and the UK for facilitating tax evasion and money laundering. The bank admitted in a March 31 statement that it was “cooperating” with local tax authorities which had contacted its London, Paris and Amsterdam offices the day before “concerning client tax matters.”…
MEXICO FACES USA TRADING UNCERTAINTY – BUT PERSONAL CARE PRODUCT SECTOR REMAINS OPTIMISTIC
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.…
COSMETICS INDUSTRY EYES WTO RULING ON INDONESIA’S APPEAL AGAINST EU FATTY ALCOHOL DUTIES
EUROPEAN Union (EU) cosmetics and soaps companies are awaiting with interest the results of the World Trade Organisation (WTO)’s appellate body’s decision on Indonesia’s claim that the EU’s anti-dumping duties have been unfairly placed on imported fatty alcohols from the south-east Asian economic giant.…
BELGIAN AND ITALIAN CONSUMER ASSOCIATIONS CLAIM VW IS STILL FAILING ON EMISSIONS
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.…
EU TEXTILE EXPORTS TO RUSSIA RISE, DESPITE DIPLOMATIC STANDOFF
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…
EU REGULATORY ROUND UP – ECHA COMMITTEES BACK RESTRICTIONS ON COATINGS SPRAY CHEMICAL
KEY committees at the European Chemical Agency (ECHA) have recommended imposing restrictions on the use within the European Union (EU) of TDFAs (3,3,4,4,5,5,6,6,7,7,8,8,8-tride-cafluorooctyl)silanetriol and derivatives within coatings sprays.
ECHA’s Committee for Risk Assessment (RAC) and the Committee for Socio-Economic Analysis (SEAC) concluded that there were health risks associated with this chemical in sprays used to waterproof tiles and ceramics (plus textiles and leather).…
EGYPT’S PAINT AND COATINGS SECTOR MAKES BUMPY PROGRESS, BUT THE FUTURE LOOKS BRIGHT
THE PAINT and coatings sector in Egypt is growing, but its progress has been unsteady, reflecting its bumpy political progress since its 2011 revolution that brought down long-standing President Hosni Mubarak. While a construction boom dominated by huge public private partnerships (PPPs) is driving up sales of decorative paint, according to industry analysts, a weak automotive sector is holding back overall growth with slow sales of refinishing paint.…