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In Argentina, investor optimism has swelled since the arrival of a conservative government in December, but sales of cosmetics and personal care products have taken a hit as soaring inflation cuts consumer spending power.

Argentina fell into a recession this year after four years of slow growth, and a spate of economic reforms by the new President Mauricio Macri has sped up the inflation rate to nearly 40% from 26% in 2015.…

Czech automobile manufacturer Škoda Auto, the subsidiary of Germany’s Volkswagen, plans to strengthen its position in the Chinese market, through a planned EUR2 billion investment over five years in the Shanghai-based SAIC Volkswagen Automotive Company Ltd.

The manufacturer is betting on the Chinese market in the future, Škoda China president Andreas Hafemann told wardsauto, saying the company wanted to double its China sales following the deal.…

The attack at Brussels Zaventem airport will spark new discussions on the security of landside facilities at European airports as the European Union rolls out reforms from its European Agenda on Security Strategy (EASS).

It was launched last April (2015), and was the latest in a series of security policy developments undertaken by the EU since the September 11 attacks on the USA.…

IT is perhaps little surprise that many senior leaders within the UK and European Union (EU) civil aviation sector oppose the withdrawal of Britain from the EU following the planned June 23 in-out membership referendum. The industry has benefited mightily from the open borders and travel rights offered by the EU.…

GROWING demand for European home textiles, particularly in western Europe, is boosting demand for chemical finishes and dyes used in these products. Water and soil repellent finishes as well as flame retardant chemicals remain popular, but companies are also increasingly turning to more environment-friendly alternatives.…

THE EUROPEAN Association of Sugar Pro­ducers (CEFS) and the European Federation of Trade Unions in the Food, Agriculture and Tourism sectors (EFFAT) have called for the European Union (EU) to push for a global agreement ending all subsidies and other trade-distorting policies affecting the sugar sector.…

GROWING demand for European home textiles, particularly in western Europe, is boosting demand for chemical finishes and dyes used in these products. Water and soil repellent finishes as well as flame retardant chemicals remain popular, but companies are also increasingly turning to more environment-friendly alternatives.…

IF anything is clear about the vital decision that must be made by the British electorate on June 23 about whether their country should stay within or quit the European Union (EU), it is that the pharmaceutical industry – largely – wants the UK to stay put.…

Fears have emerged that UK minerals companies could be left behind in terms of vital research and development if Britain leaves the European Union (EU) following the now scheduled June 23 in-out referendum. Industrial minerals experts and industry chiefs have been focussing on the consequences of a ‘Brexit’, but – in contrast to other industries – they have been concentrating on the potential impact upon R&D – the key to the locating and developing new deposits.…

THE INDIAN government’s decision to increase its available subsidies to help companies purchase new textile machinery from 10% to 15% will boost the investment in the country’s technical textile sector, which has been struggling to build big capacities.

Under the ‘Amended Technology Upgradation Fund Scheme (TUFS)’, from January 14 (2016), a producer of technical textiles can avail itself of up to USD4.5 million as capital investment subsidy.…