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REGULATION DRIVES CHANGE AS US PAINT AND COATINGS INDUSTRY URGES INFRASTRUCTURE INVESTMENT



Sustainability issues are currently dominating the US paint and coatings industry with challenges and opportunities arising from stringent regulations and growing green markets, generating demand for environment-friendly business practices and sustainable consumer lifestyles. This change comes as the industry hopes for a fillip from the new United States-Mexico-Canada Agreement (USMCA), reforming North American trading arrangements, which has been hailed by the American Coatings Association (ACA) as “a win for America’s paint industry”.…

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AML AI FACING RFEGULATORY APPROVAL PROBLEMS. BUT IF THESE ARE OVERCOME, THE TECHNOLOGY COULD BECOME WIDESPREAD



Artificial Intelligence (AI) and machine learning are being touted as game-changing solutions to improve the detection of financial crimes, including AML/CFT, but despite some promising results there are obstacles to roll-out, not least regulators’ ability to green-light new technologies as well as effectively utilise the data they produce.…

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AMERICAN FOOD INDUSTRY LEADERS WELCOME US-CHINA TRADE DEAL – BUT WILL IT SQUEEZE EUROPEAN EXPORTERS FROM CHINESE MARKETS?



European food and drink exporters to China can be expected to face strengthened competition from American rivals in future, after a preliminary ‘phase one’ trade deal between the USA and China included the reduction in non-tariff barriers to exported US products, including for meat, poultry, seafood, rice, dairy, infant formula and food biotechnology lines.…

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AIRBUS HIT WITH EUR3.6 BILLION IN COMBINED UK, US AND FRENCH FINES



Airbus is to pay out EUR3.6 billion (USD4 billion) under a trio of deferred prosecution agreements (DPAs) with British, French and United States authorities that were simultaneously agreed by national courts January 31 as part of a global resolution over bribes to clinch civil and military aircraft sales.…

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MIDDLE EAST DAIRY MARKET GROWS AND BECOMES MORE SOPHISTICATED AND PRODUCERS MUST RESPOND, CONFERENCE TOLD



WITH Middle East dairy sales expanding steadily, dairy suppliers from around the world are targeting its consumers, hoping to gain a foothold in an increasingly diverse marketplace that is often open to innovation.

Dairy Industries International attended the 4th Global Dairy Innovation Congress MENA 2020, held in Dubai, the United Arab Emirates (UAE), from January 20-21, where participants were encouraged by sales projections as from market researcher Euromonitor International that the Middle East (and Africa) dairy market should expand at a compound annual growth rate (CAGR) of more than 3% between 2019 and 2023.…

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ITALY BEAUTY CONSUMERS START TO SPEND MORE AS COUNTRY’S ECONOMIC GROWTH INCHES FORWARD



ITALY’S cosmetic and personal care product market remained strong through 2019, with major players in the industry focused on strengthening digital retail and production strategies to further connect with consumers, while deepening their presence in foreign markets, particularly in Asia. 

The year 2019 was also dynamic in terms of acquisitions, with a handful of Italian BPC (beauty and personal care) companies buying businesses that specialise in new and different products to extend their reach in new product categories, both domestically and abroad.…

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CANADIAN AUTO SECTOR WELCOMES FINAL USMCA DEAL – WITH FINAL REVISIONS ON STEEL SUPPLIES AND LABOUR STANDARDS



The Canadian automotive industry has welcomed the final text of the United States-Mexico-Canada Agreement (USMCA) trade deal, which includes new flexibility over steel supplies to the North American automotive manufacturing industry.

David Adams, president, Global Automakers of Canada (which represents all Canadian auto manufacturers except for the Big Three), said the new amendments reflected Canadian government thinking and that now he expected “all three countries will work to ratify expeditiously….”,…

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INCREASING THE JOB FORCE AND PROMOTING THE COMPOUND EXPANSION - TEGRA'S STRATEGY FOR CENTRAL AMERICA



Tegra, the Atlanta, USA-based leading apparel manufacturing and supply chain provider, is expanding its workforce in Latin America, with new job posts in El Salvador’s compound as well as its soon to be opened facility in Honduras. Tegra’s plant in El Salvador, Decotex, was expanded to nearly 250,000 square feet in August (2019).…

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MEXICAN CLOTHING INDUSTRY EXPERTS HOPE FOR PROMPT RATIFICTION OF THE USMCA TRADE DEAL



MEXICAN clothing industry experts hope that the current stand-off over the ratification of the new United States–Mexico–Canada Agreement (USMCA) will be solved soon, given that they expect that it will cement Mexico’s position as a major apparel exporter to the USA and Canada.…

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MALAWI HOLDS TALKS WITH USA, AFTER CUSTOMS ORDER RESTRICTS TOBACCO IMPORTS OVER CHILD LABOUR CONCERNS



MALAWI’s government has said it has entered into talks with the USA government after the USA Customs and Border Protection (CBP) agency issued an ‘withhold release order’ on imports of products containing Malawi tobacco over concerns that child labour continues in the southern African country’s leaf production and processing sector.…

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