Search Results for: International business⊂mit=Search
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BIOMETRIC TECHNOLOGY INCREASINGLY SOPHISTICATED AS COMPANIES SEEK REAL TIME ID SOLUTIONS
The test remains the same. French tech multinational Thales stressed in a paper that they “allow a person to be identified and authenticated based on recognisable and verifiable data, which are unique and specific…” compared to a person’s biometric template.…
CONCERN RISES THAT AMERICAN CLOTHING SUPPLIES MAY SUFFER FURTHER KNOCK FROM SOUTH CHINA COVID-19 OUTBREAK
Apparel and footwear brands, especially those in the United States, may come under increasing distribution strain as an uptick in Covid-19 cases in the Chinese clothing and textile manufacturing hub of Guangdong exacerbates already fraught global logistics. The southern Chinese province recorded 135 total infections over the period June 10–23 and a seven-day average of nine new cases as of June 23, according to data from the USA’s Johns Hopkins University.…
INTERNATIONAL REGULATORY ROUNDUP – CONFECTIONERS COULD BENEFIT FROM MAJOR NEW EU RESEARCH PROGRAMME
INNOVATIVE confectionery and sweet bakery companies will be able from next month (July) to explore applying for research funding from the European Union’s (EU) Horizon Europe programme, which has a budget of around EUR95.5 billion. This spending will last until 2027, with companies needing to form international consortia focused on food, ingredients and packaging projects to have the best chance of securing funding.…
USA IMPOSES TOUGHER SANCTIONS ON RUSSIA OVER CYBERATTACKS, ELECTION MEDDLING AND ASSASSINATIONS
CONCERN about continued Russian meddling in American elections, the ‘SolarWinds’ backdoor hack into major US institutions, and targeted assassinations of dissidents abroad, have sparked the imposition of major new sanctions powers by President Joe Biden,
Declaring a national emergency to fight the cyber-crime threat posed by Russia, Biden released an executive order giving his administration wide-ranging powers to freeze and block asserts of Russian individuals and companies deemed associated with these Russian intrusions.…
CHINA’S NONWOVEN SECTOR RIDES HIGH ON COVID-19 GAINS, CAUSING SOME MARKET AND SUPPLY DISRUPTION ACROSS ASIA
When the COVID-19 pandemic unfolded in the first half of 2020, China’s textile industry quickly increased its nonwoven-based supply capacity of protective masks, medical protective clothing, isolation clothing and other emergency prevention and control materials.
Data compiled by the China National Textile and Apparel Council show that the country’s output of nonwoven products recorded a robust year-on-year growth of 14.4% in in the first eleven months of 2020.…
LONDON FASHION HOUSE PUSHES SALES OF BABY CAMEL HAIR YARN FROM MONGOLIA
FIBRE from Mongolian Bactrian camels in the Khangai region have become the focus of international marketing, with a key UK-based trader claiming the wool from their “coats are softer” than those of other camels in Mongolia, offering “unique natural properties”. London-based design house and luxury brand Tengri stressed that these fibres are harvested by their herders through hand combing in spring and offers the natural luxurious yarn and fibre sector a sustainable alternative to cashmere.…
LOW QUALITY ASSURANCE HAS FAILED TO STOP DECLINING QUALITY OF TANZANIAN HIGHER EDUCATION
Low-quality assurance is to blame for the deteriorating quality of university education in Tanzania, after the country embarked on a fast expansion of higher education, a government audit report has shown.
The 2019/2020 report by the country’s Controller and Auditor General (CAG), presented to Tanzanian president Samia Suluhu in late March, documents that the country’s graduates’ competitiveness has been hampered by poor and outdated assurance mechanism.…
CANADA AUTOMOTIVE CYBER SECURITY CENTER RAISES AWARENESS OF HACKING RISK FOR AUTONOMOUS VEHICLES
CANADIAN auto dealers, whose sales of high-tech vehicles maybe hampered by safety concerns linked to hacking and computer viruses, are being assisted by a new university cyber-protection unit allied to parts-makers.
The SHIELD Automotive Cybersecurity Centre of Excellence is based at the University of Windsor, just over the Detroit River, and will work with Canada’s Automotive Parts Manufacturing Association (APMA), with whom it has signed a memorandum of understanding.…
CONCERNS RAISED IN CANADA ABOUT MONEY LAUNDERING AND AUTO SALES
A PUBLIC inquiry in British Columbia, Canada, has increased concerns about how auto dealers maybe exploited by criminal networks to launder dirty money. Purchasers can be prepared to pay high prices for vehicles in cash, with dealers struggling to identify the source of these funds.…
INDIA’S CHEESE MARKET AND INDUSTRY GROWS FAST
If the international food industry wanted to look for a national market segment that is growing fast and offers real sales volumes, it would do well to examine the Indian cheese market. Sales are projected to reach USD1.7 billion by 2024, according to by India-based market researcher IMARC, being predicted to increase 25% annually from a base of USD430 million in 2018 – see ‘Cheese Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024’ (1).…