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THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

THE MARKET for perfume and other scents in Asia is developing fast in most of the continent, especially in emerging markets, where consumers are using their new purchasing power to explore new tastes and brands.
To some extent, perfume has been lagging behind colour cosmetics and skincare, which have been targeted by the bigger brands as products likely to be regarded as affordable luxuries in the masstige market segments.…

The president of the Turkish Clothing Manufacturers’ Association (TCMA), has said that Turkey is targeting strong growth in exports of Turkish textiles and clothing to the UK. Cem Negrin told a conference on Friday (May 30) that the Turkish industry was looking to capitalise on the growing number of British brands and retailers looking to source outside south, east and south-east Asia.…

Big data is creating a growing range of opportunities that can help the global pharmaceutical industry develop and manufacture drugs more effectively. However, the industry faces a number of challenges in the way it manages and analyses the increasingly broad range of data that is available, with collaboration essential for the industry to capitalise on the potential of the big data explosion.…

The water sector is grappling with a comprehensive review of the European Union’s (EU) drinking water directive and related laws that could expand and intensify EU demands on water utilities.

The European Commission has asked water suppliers and users for replies by September 23 on a detailed questionnaire, whose concerns go beyond the scope of the directive, notably asking for views on affordability.…

THE EUROPEAN Bank for Reconstruction & Development (EBRD) is increasing its assistance to Ukraine, because of its ongoing political and military crisis, the development institution’s annual meeting has been told. The country is a core part of the EBRD’s eastern, central Europe and central Asia region of operation, along with Russia, which recently annexed Crimea, sparking a diplomatic firestorm.…

There is nothing better for a financial professional to oversee the transformation of an innovative company from a small scrapper to a big player – and ACCA qualified Australia-based Paula Kensington knows how this feels.

She is CFO of Rubik Financial – a Sydney-based provider of banking software – whose revenue since the end of 2011 has increased by 200% and its share price multiplied, driving market capitalisation exceeding Australian dollar AUD150 million (USD140.39 million).…

Suspected users of BlackShades malware that can hijack, control and steal information from personal computers were arrested earlier this month in the first ever UK-wide multi-agency operation against cybercrime. A wave of 17 arrests across Britain followed searches and seizures co-ordinated by the UK’s National Crime Agency (NCA) involved almost all regional organised crime units (ROCUs), as well as London’s Metropolitan Police and Police Scotland.…

Compliance experts believe the sanctions imposed thus far by the USA and European Union (EU) on Russia over the Ukraine crisis will have a mixed effect. One of the biggest criticisms is that the sanctions were publicly discussed before being implemented giving targeted individuals time to get their finances to a safe haven.…

Compliance experts believe the sanctions imposed thus far by the USA and European Union (EU) on Russia over the Ukraine crisis will have a mixed effect. One of the biggest criticisms is that the sanctions were publicly discussed before being implemented giving targeted individuals time to get their finances to a safe haven.…