Search Results for: Italian

AMERICA has long been the global policeman of international sanctions, including breaches of AML rules, but evidence suggests that the US dollar’s use in international transactions could be weakening and is having to compete with the rising power of crypto currencies.…

INTRODUCTION

ROBOTICS are not new to the textile and clothing sector, and have driven productivity improvements for more than a decade. But these technologies are becoming increasingly more adaptable and more autonomous, offering the many stages in the textile and clothing and distribution chain the potential to increase margin.…

INTRODUCTION

The textile industry is one of the world’s oldest manufacturing sector, yet it is also one of the most dynamic, constantly reinventing itself. Today, the development of micro-factories might herald root-and-branch change in how the textile and clothing industry operates, a transformation driven by advances in digital textile printing.…

ITALY’S postal police suspect that the owner and manager of now bankrupt Italian cryptocurrency exchange BitGrail may have been involved in one of the country’s biggest cryptocurrency hacks resulting in approximately EUR120 million in losses. Public prosecutors in Florence are expected to bring the accused (formally named by his initials FF in these proceedings, under Italian privacy laws) before a criminal court over his alleged involvement in the scam, which defrauded over 230,000 users worldwide. …

After a three-year trial, judge Marco Tremolada acquitted energy companies Eni and Shell and 13 executives from both companies, including Eni CEO Claudio Descalzi, of being associated with graft in Nigeria. In a Milan court March 17, the judge ruled there was no case to answer over the companies’ USD1.3 billion acquisition of Nigeria’s OPL 245 offshore oilfield, amidst allegations that USD1.1 billion of that was pocketed by politicians and middlemen.…

While the antibacterial properties of textiles have been a trend in the fashion sector for some time, particularly for athleisure clothing integrating odour-limiting properties, Covid-19 has prompted many textile and fashion companies to conduct research and development into fabrics and clothing killing or harming viruses. …

CUSTOMS forces can benefit from new sensor kit, enabling them to scan containers to ensure contents are as declared on docket – but to use these techniques to fight trade-based money laundering, they need to be integrated with accurate financial intelligence.…

COVID-19 has unleashed a significant boom in demand for apparel and other wearables that are anti-viral, cleansing consumers’ bodies of viruses, as well as bacteria.

Companies making fibres and yarns have been quick to tout anti-viral technologies. Examples include HeiQ Materials AG – a Switzerland based textile innovation specialist, which has been selling a new anti-virus textile treatment HeiQ Viroblock NPJ03, added to textile products during final processing and utilising anti-microbial silver, whose charge attracts viruses to spherical liposomes which deplete the virus membrane of cholesterol, allowing the silver to kill them.…

INTRODUCTION

NEW technology can deliver effective maintenance strategies to clothing and textile manufacturers, helping them go beyond reactive and proactive maintenance, moving into the more sophisticated world of prediction. The goal is to deliver an optimum maintenance strategy that enables manufacturers to get the most value out of their plant and equipment by spending the least amount of time, resources and money to deliver effective performance.…

THE EUROPEAN Chemicals Agency (ECHA) has warned that 3% of registrations of chemicals made under its REACH system have been lost through Brexit, with 2,900 UK registrations now void. This means their company registrants can no longer sell these chemicals on the EU market.…