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Two former Iraq managers for Monaco-based energy major Unaoil were convicted July 13 in Southwark Crown Court, London of paying over USD500,000 in bribes to officials at the Iraqi South Oil Company to clinch a USD55 million contract for offshore mooring buoys.…

Offshore oilfield development options enabled by new technologies can boost safety and efficiency even before The possibility off processing moving subsea becomes reality. Indeed, the idea of reducing the number of personnel on board (POB) to conduct operations, maintenance and intervention in the offshore oil and gas industry has been attracting renewed interest since the 2014–2016 oil price slump, and again in the industry fallout from the 2020 Covid-19 pandemic.…

As Syria enters its 10th year of civil conflict, the economy is in tatters, foreign currency is in short supply, and sanctions have not only been renewed, the USA has introduced new secondary sanctions. Illicit crime and sanctions busting abounds.

In May (2020), the USA issued further guidance on Syria, while the European Union (EU) extended its sanctions on Syria for a further year, to 1 June 2021.…

If there is one subsector of technical textiles that is regarded as well suited to environment-friendly materials innovation, it is surely the agricultural textile (ag-tex) sector. This is indeed the case, with research and development specialists creating clever solutions allying the functional and sustainability benefits of ag-tex with new biodegradable and naturally-sourced fibre.…

THE NEED to actively recharge electric vehicles makes them less attractive to consumers, especially when batteries can take eight hours to charge. So, the development of ambient technologies that enable EVs to charge themselves as they operate has been a key focus of automotive R&D.…

THE UK’s overseas territories are struggling with something of an existential crisis, as they face an effective 2023 deadline for introducing publicly accessible beneficial ownership registers that could undermine their ability to offer confidential financial services to companies and wealthy individuals.…

KENYA’S clothing manufacturing industry, which had been growing at the cutting edge of sub-Saharan Africa’s expanding outsourcing sector, has been punched hard by Covid-19’s devastation of the garment markets within the United States and the European Union (EU).

The London-based Overseas Development Institute has noted that “garment factories in Sub-Saharan Africa have started laying off workers,” and Kenya is no exception.…

Comprised of a dry shampoo, deodorant, face moisturiser, lip balm, and more recently, body lotion, the line is sold only in North America and available in gym or travel sizes.  “For over 20 years, lululemon has been focused on solving athletes’ needs.…

HUNGARY continues to be an attractive market for tobacco majors, with its populist government seemingly determined to fight the European Union (EU) for the right to keep excise duties below EU mandated  minimums, and the fact that, according to the OECD Country Health Profile 2019 official data (https://read.oecd-ilibrary.org/social-issues-migration-health/hungary-country-health-profile-2019_4b7ba48c-en#page1…

New aspiring entrants to the AML/CFT and other compliance sectors will be hard hit regarding available jobs and related pay and conditions by the ongoing Covid-19 pandemic, according to international recruitment agency Randstad. Its Hong Kong director banking and financial services Rick Chung warned: “Similar to what we have witnessed during the global financial crisis, it will be challenging for fresh graduates to secure jobs during these extraordinary times.”…