Search Results for: International law

The former Chief Executive of the Formula One Group Bernie Ecclestone has plead guilty to a single charge of fraud by false representation over the alleged millions of GB pounds he had hidden from British tax authorities, Her Majesty’s Revenue and Customs (HMRC).…

The Indian confectionery industry, which according to London-based market researcher Euromonitor International, is expecting sales of Indian Rupees INR335.92 billion (USD4.05 billion) in 2023, up 13.4% year-on-year, excelling with consolidation, automation and advanced packaging.

Growth is seen in almost every confectionery and sweet bakery segment, as per Euromonitor data.…

High inflation forces consumers and businesses to change their behaviours – and not always in positive ways: fillers for example, have sometimes been reducing the amount of food in cans, while maintaining the size of the packaging, and their prices. Unsurprisingly, this ‘shrinkflation’ has upset consumers and their representatives, highlighting a potential lack of transparency.…

The European Union (EU)’s proposed new rules to protect industrial design (1) will be an essential aid to the EU fashion and clothing manufacturing industry, European Fashion Council (EFC) president Nadya Valeva has told Just Style, while protecting fashion and clothing business workers from intellectual property (IP) infringements.…

Saudi Arabia’s universities are ramping up their efforts to boost their sustainability working within an unforgiving status quo of fossil fuel reliance, high energy and water consumption plus rising greenhouse gas (GHG) emissions.

Public and private universities have in recent years started addressing these challenges by fostering sustainability practices on their campuses and influencing Saudi society to become environmentally conscious. …

Companies are increasingly buying gold amidst unpredictable global market conditions, to shield themselves from potential economic turmoil, spinning off global inflation, rising interest rates and war, according to Matthew Keen, managing director, Evidens Consulting – a UAE-based specialist precious metal consultancy working with banks, brokers, corporations and end consumers.…

Digitalisation is not only changing financial products and services, it is also shaping new roles and responsibilities of internal teams, pushing businesses to rely more heavily on treasurers to manage their company’s environmental, social, and governance (ESG) KPIs, according to industry insiders.…

South America often eschews regional economic trends, with countries having sharply diverging fortunes, reflecting their contrasting economic interests and performance, as well as differing political records and policies. The paint and coating sector is not insulated from these trends, and while global issues such as the Covid-19 pandemic and Russia’s invasion of Ukraine affect all national markets and producers, in South America, the impacts are often manifested differently across the continent.…

South Africa’s paints and coatings market is expected to generate USD2.1 billion by 2026 after growing at an estimated 5.6% compound annual growth rate (CAGR) between 2021 and 2026. This is according to India-based market research and data analytics provider IndustryARC (1).…

Kenya is being opened as a potential outsourcing centre for European Union (EU) knitwear brands by a new EU-Kenya Economic Partnership agreement, now being considered for ratification by the EU Council of Ministers and the European Parliament (1). Once implemented, the deal will remove 12% and 9.6% EU duties charged on many knitted apparel exports from Kenya, potentially boosting a knitted apparel and accessory trade, growing in recent years.…