Search Results for: International business

Researchers from England’s Lancaster University and Aston University, plus the Jožef Stefan Institute, Ljubljana, Slovenia, have developed a technique of making textile additives from spent nuclear fuel. They argue the system offers economic and environmental gains regarding the processing of waste, as well as substituting sodium dithionite, which can help form toxic gases.…

Ireland’s burgeoning medtech sector has supported changes in the latest Irish government budget, announced on October 12, which could boost investment and start-ups in this globally important Irish industry. The Fianna Fail-Fine Gail-Green coalition unveiled reforms to the country’s Employment Investment Incentive (EII) scheme, which grants tax exemptions to investors in industries such as medtech.…

Accountants are grappling with the implications of El Salvador formally adopting Bitcoin (BTC) as legal tender on September 7, alongside USD, which has been the country’s legal tender since 2001, when the country withdrew its national Colón currency.

While USD will remain the most important currency in El Salvador, remaining the reference currency for accounting purposes, with greenback banknotes and coins still circulating, the Bitcoin Law that established the cryptocurrency in El Salvador (1) will be a challenge and opportunity for businesses.…

THE FINNISH can manufacturing industry has been growing, with new production coming online in the past 10 years to diversify a sector that is able to draw on effective access to raw materials and a highly skilled workforce.

Both Rexam (now part of Ball) and Poland-based Canpack operate efficient Finnish can-making plants.…

The lorry driver shortage in the UK has grabbed headlines, with concerns raised that Britain’s Brexit from the European Union has worsened the problem. And while that is almost certainly true, the shortage of drivers willing and able to take on commercial haulage jobs is far from being a Britain-only challenge.…

The huge offshore finance leak unveiled last month (October 3) by the International Consortium of Investigative Journalists (ICIJ) has highlighted the risks major companies face when doing business in offshore jurisdictions. Keith Nuthall and Andreia Nogueira report.

Major companies undertaking international business must comply with increasingly tough beneficial ownership transparency laws, and risk reputational damage if they are associated with particularly elaborate devices to avoid tax, even if it is legal.…

Global supply chain delivery delays and price tensions continue to disrupt Italy’s otherwise robust food can production sector. With profit margins squeezed, food canners expect prices to rise across the board for these long shelf-life food staples

According to Italian can manufacturing industry association ANFIMA’s most recent data, Italy produced 698,523 tonnes of rigid metal packaging (tinplate and steel) and 24,745 tonnes of aluminium packaging in 2020, up 3.6% and 7% from the same period the previous year, respectively.…

A protracted delay in announcement of a long-awaited government Pakistan Textile Policy 2020-25, despite drafts being debated for more than a year, is causing unrest and disappointment within the country’s textile business community. They say investors are being deterred from sinking much needed money into the country’s textile industry in the absence of any clear sectoral government policy.…

INTRODUCTION

Think of finishing and some consumers may conclude that integrating chemicals with or within fibres will always be the most effective way to create a performance or protective textile. But the reality is that applying coatings to textiles and yarns is anything but superficial as a finishing technique.…

The increasing decriminalisation and legalisation of cannabis as a recreational and medicinal substance has encouraged the liberalisation of hemp as a fibre crop, whose use in some jurisdictions had been restricted because of laws against the plant’s chemically-active ingredients.

This is starting to change, most notably in the USA, which used to have severe anti-marijuana laws, but which now has 18 states that have legalised recreational cannabis use.…