Search Results for: Switzerland

A EUROPEAN Union (EU) research project will end this month (March), having discovered inhibitors for viruses, which could hasten the development of effective drugs. The EU-funded EUR21.8 million SILVER project (the EU contributed EUR 12 million) was launched in October 2010.…

There were high hopes that Egypt was embarking on a new clean financial era following mass protests in January 2011 that ousted President Hosni Mubarak. Popular calls for an end to the corruption and cronyism that had characterised Mubarak’s 30 year rule appeared to be heeded.…

THE VOLATILITY of the global energy market is presenting several challenges to the European Union’s (EU) biofuel sector. Low oil prices, recession, slumps in demand and political uncertainty in key oil producing areas are all raising questions of an industry that was meant to mitigate or provide solutions to many of these issues.…

Kenya is the third largest market for industrial paints and coatings in sub-Saharan Africa, ranking behind South Africa and Nigeria, according to regional analysis conducted by market researchers Frost & Sullivan.
According to their report, released last May (2014), the three countries are projected to have a joint market volume of over 140 million litres for industrial paints and coatings by 2017.…

North Africa’s entire paints and coatings market is valued at about USD1.1 billion on approximately 0.5 billion litres of coatings, according to the International Paint and Printing Inks Council (IPPIC). Of this, nearly 60% of the market value and more than 75% of market volume is comprised of decorative paints and coatings, according to data collected for the IPPIC by US-based Orr & Boss Inc.…

A CONFERENCE has been staged in Brussels that has heard how the European Commission plans to reintroduce its ‘circular economy’ proposals on increasing recycling and targeting zero waste systems, including for plastics. This policy was dropped from the work programme of the new Commission that took office from November 1, but various materials sectors were unhappy and proposals are now being redrafted for release by December.…

THE EUROPEAN Commission has proposed a European Union (EU) directive that would force EU member states to automatically share information about their tax rulings. Under the proposals, national tax authorities would every three months send a short report to all other member states on all their cross-border tax rulings.…

In the latest in a string of bans on cheese products entering Russia, the Russian Federal Service for Surveillance on Consumer Rights and Protection and Human Wellbeing (Rospotrebnadzor) has banned cheese products made by Poland’s Ostrowia.
But this latest dairy ban is not all it seems, and Milkiland, the Netherlands-based dairy products producer owning Ostrowia, has called for “dialogue” with Russian authorities because its banned ‘Wesola Krowka’ (‘Jolly Cow’) is made from vegetable fats.…

SWITZERLAND could soon be recognised as a country fully compliant with international standards on releasing tax information to fight global tax evasion.
The Organisation for Economic Cooperation & Development’s (OECD) Global Forum on Transparency and Exchange of Information for Tax Purposes has ruled Switzerland has made sufficient reforms to receive its ‘Phase 2’ peer review.…

EUROPEAN Union (EU) residents will no longer be able to evade tax by hiding undeclared income in Swiss bank accounts from 2018, under a landmark agreement that the European Commission and Switzerland clinched on March 19.
Under the agreement, which complies with a new Organisation for Economic Cooperation and Development (OECD)/G20 international information exchange standard, the EU’s 28 member states will receive annually full financial account information, including names, addresses, tax identification numbers, dates of birth and balances, of their residents with accounts in Switzerland.…