Search Results for: Switzerland

The costs of investigating fraud have increased over the past three years, according to 79% of respondents to a global survey, with 26% overall and 49% of companies with a turnover of more than USD15 billion seeing this increase as significant, said risk assessment specialists Kroll.…

Switzerland-based multinational mining and energy group Glencore will pay almost USD1.2 billion in fines and penalties to the US, UK and Brazil for corrupt and dishonest trading, including bribing African officials and illicitly manipulating oil market prices.

With prosecutorial investigations continuing in the Netherlands and Switzerland, Glencore said yesterday (Tuesday 24/5) that it would set aside USD1.5 billion to settle all cases relating to this malpractice.…

INTRODUCTION

In the competitive and innovative world of smart textile manufacturing and sale, companies strive to maximise functionality and minimise costs. Their ingenuity is the basis of their competitiveness. But as with all industries, some costs are out of their control.…

IF the UK loses its right to European Research Council (ERC) grants and access to the European Union (EU)’s 9^th Framework Programme (FP), dubbed Horizon Europe (1), a long tradition of cooperation in research and innovation will be put at risk, scientists warn.…

INTRODUCTION 

The connection of information and operational technology through smart factories makes for undeniable improvements in manufacturing efficiencies, in output and cost. But all new technologies spark fresh vulnerabilities for attacks by criminals. Given the latent strength of smart factories is in connectivity, cyber-attacks are their most important illicit threat.…

Government regulations to control pollution coupled with increasing consumer awareness for biodegradable products look set to drive a 50% uptick in the global bio-adhesives market over the next three years. Standing at USD6 billion in 2020, the worldwide bio-adhesives market is forecast to reach USD9.6 billion by 2025 at a CAGR (compound annual growth rate) of 10%, according to a 2021 report from analysts Market and Markets (1). …

Since the Taliban’s takeover last August (2021), Afghanistan’s AML/CFT regime has effectively been put on pause, while the country’s money laundering and terrorist financing risks mount amid international isolation.

The website of Afghanistan’s financial intelligence unit (FIU) is no longer active online.…

Finishers are innovating to overcome the past weaknesses of natural and organic dyes such as low yields when extracting dyes from sources such as vegetation, insects or molluscs, inferior wash performance and weaker fastness in general, compared with synthetic dyes. 

A key focus of progress has been the improved use of mordants fixing natural dye stuff onto yarns and fabrics.…

A planned legally binding global agreement covering the lifecycle of plastics should hasten the regulation, proliferation and uptake of steps in the personal care product industry to eliminate plastic pollution, sector associations and experts.

Even before the decision in March (2022) by the United Nations Environment Assembly to conclude negotiations by 2024 on a pact to eliminate plastic pollution, cosmetics manufacturers of all sizes have been moving towards a more circular economy approach.…

Cigar sellers are exploring the potential offered by southern Africa’s two Portuguese-speaking countries, Angola and Mozambique, not only as sustainable growth markets, but also as African cigar production centres. Both countries have tobacco production and growing traditions that date back well into the Portuguese colonial times that ended with independence in 1975.…