Search Results for: Russia

As Haitian clothing and textile factories lose contracts and are forced to shut down amidst this Caribbean country’s ongoing lawlessness and political chaos, industry officials in Haiti say the only way they can save this important national manufacturing sector is through international intervention.…

Fresh food manufacturers worldwide are developing intelligent packaging that can help them reduce both food and plastic waste, responding to regulatory and consumer pressure to minimise their products’ environmental footprints.

Such bio-innovations may be of particular importance to European Union (EU) food manufacturing companies, given the EU is revising its packaging and packaging waste directive.…

Transparency International (TI) has warned that “conflict creates opportunities for corruption and subverts governments’ efforts to stop it” when unveiling its 2022 Corruption Perceptions Index (CPI) on January 31, scoring 180 countries worldwide on perceived levels of public sector corruption from 0 (highly corrupt) to 100 (very clean) with the average 43.…

EGYPTIAN businesses are struggling to import goods due to an ongoing shortage of US dollars, while the Egyptian pound has depreciated by over half in less than a year and inflation is in the double digits. Such issues, along with tough import requirements, has pushed businesses to resort to roundabout, sometimes illicit, means to stay afloat.…

Brazil’s economy has been either contracting or sluggish for the last decade, but the country’s strong dairy sector hopes this year could be different. With a new President in charge of the most populous South American nation since January 1, business leaders say exports could revive the industry, even if the local market continues to be in poor shape.…

The International Organization of Securities Commissions (IOSCO) has updated its Principles for the Regulation and Supervision of Commodity Derivatives Markets, the first major overhaul of this core guidance since 2011. IOSCO said the changes were designed “to provide a resilient framework for the regulation and oversight of the commodity derivatives markets”, taking account of recent market developments and international events, such as the Covid-19 pandemic and Russia’s invasion of Ukraine.…

Turkey is the world’s largest Oriental tobacco leaf producer, but harvests have been impacted over the past two years by unusually hot summers and drought. Ranking 15th in tobacco production worldwide, according to the Izmir-based Aegean Tobacco Exporters’ Association (ATEA), the 2022 tobacco crop is expected to be like 2021.…

Factory digitisation, including the emergence of Internet of Things (IoT) technology, has increased big data availability by “at least two orders of magnitude from what was available a couple of decades ago,” said UK-based AI-driven predictive maintenance software provider Senseye chief technology officer and co-founder Robert Russell.…

As the Nordic paint and coatings sector moves towards increasing sustainability, reducing its carbon and other emissions, including volatile organic compounds (VOCs), the region’s market is facing significant challenges. Inflation of prices for finished products is dampening demand – annual inflation in Sweden in December was 12.3%; Norway 5.9%; Denmark 7.7%; and Finland 9.1%.…

Given the constant expansion and tightening of sanctions against Russian individuals and organisations since Russia invaded Ukraine last February 24, it is no surprise that Russians have developed innovative ways to evade these sanctions. Sanction Scanner, a UK-based screening and transaction monitoring service provider highlighted how Russians have been utilising peer-to-peer exchanges of digital currencies to help conceal the beneficial owner of crypto.…