Search Results for: Portugal

Donald Trump’s decision to pull the United States out of the 2015 Paris Climate Treaty will not halt moves to cut fossil fuels or reduce decarbonisation requirements on the non-energy minerals sector and other industries, say experts.

Trump called for a new “fair” deal that would not disadvantage US businesses and workers and claimed that China and India had “no meaningful obligations” placed on them by the agreement.…

India’s Ready Roti, makers of Harvest Gold bread, is planning a major expansion with new products following a 65% stake sale to Mexico’s Grupo Bimbo. Rajan Makani, deputy general manager, brands, for Ready Roti in New Delhi told just-food that the deal “will be beneficial for Indian consumers”, with the tie up sparking the launch of “many new products”. …

The European Union (EU) and China have struck a geographical indications deal involving both parties preventing the names of 100 traditional food and drink items from either jurisdiction being used by manufacturers not based in their historic production regions or following standardised production techniques.…

Singapore will review its 80 bilateral agreements on avoiding double taxation to ensure they do not help companies avoid paying tax where relevant business activity took place. This follows its signing the Organisation for Economic Cooperation & Development (OECD)-sponsored Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.…

Turkish textile entrepreneurs have been signalling a willingness to relocate their units to Bangladesh, tapping into the south Asian nation’s geo-economic significance, officials and diplomats say.
Interest was notably shown by Turkish investors in week-long seminars on Trade & Investment Opportunities in Bangladesh’, organised by  the Bangladesh embassy in Ankara, in April and this month (May), in five Turkish cities, including the capital Ankara, key textile production centre Istanbul, Kayseri, Bursa and Kocaeli province.…

Italian state-controlled oil and gas producer ENI has cemented its role as a major gas player in Mozambique, after further defining in 2017 the scope of its Coral FLNG (floating liquified natural gas) project in this southern African country. However, doubts are emerging that ENI will actually deliver significant volumes of Mozambique’s huge gas reserves to Italy, and consequentially the rest of Europe, as an alternative and more secure source of natural gas.…

A case detected last May (2015) at Lisbon international airport, Portugal, says much for the worrying scale of the laundering of illicit funds from Europe into mainland China. A nondescript Chinese couple travelling from Lisbon to Shanghai via the United Arab Emirates’ (UAE) Dubai was stopped carrying more than EUR1 million in large denomination notes found elaborately wrapped in ‘danger, chemicals’ packaging within packets marked ‘FRAGILE’.…

The Spanish manufacturer of cereal-based products Cerealto has reached an agreement to buy two factories from Spain-based bread and pastry manufacturers Grupo Sirio. With this move, Cerealto has said in a statement that it will “fortify its plans for expansion within southern Europe”.…

HONG Kong’s Securities and Futures Commission (SFC) will ease listing requirements for certain infrastructure companies, notably those involved in projects aiding the Chinese government’s Belt and Road Initiative. This aims to promote transport infrastructure helping move Chinese goods to central Asia, southeast Asia, Africa and Europe.…

AUTOMOTIVE parts and vehicles have become the second most dangerous category of goods in the European Union (EU) in 2016, according to the most recent annual report of the EU’s ‘Rapid Alert System for non-food dangerous products’, or RAPEX.

The system routes safety alerts about consumer products within the 28 member states of the EU.…