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...Sales of Ferraris in Taiwan have doubled in the past four years, bolstered by the growing wealth of the country’s chip entrepreneurs and a return of capital as global supply chains diversify away from China...
...Companies with headquarters in these countries were eligible to participate: Austria, Belgium, Bulgaria, Bosnia and Herzegovina, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany...
...The vessels, which are North Korean-flagged and classified as oil products tankers, all visited the same berth operated by a Russian oil company at Vostochny Port, where they appeared to load....
...Babayev, who spent more than two decades at the State Oil Company of the Azerbaijan Republic, said Azerbaijan was an important supplier of gas for its neighbours, including the EU....
...home via the Dominican Republic....
...“Investors are definitely having a look, seeking to shift supply chains from Asia to free trade partners closer to the US,” he said....
...The last-ditch scheme to buy ammunition from outside the EU is being spearheaded by the Czech Republic to compensate for the congressional deadlock on US aid and delays in European production....
...Austria, the Czech Republic, Hungary and Slovakia have warned they could be forced to increase Russian gas imports because of a German levy on supplies piped across its borders, highlighting strains in the...
...Recently, Spanish bank BBVA issued a loan to electric utility company Iberdrola where the rate of interest was linked to specific water indicators....
...EU countries have voted to pass a landmark supply chain law that would make companies responsible for environmental and human rights abuses, but only after the number of companies it will affect was cut...
...The aim of the due diligence law is for companies to take responsibility for any human rights abuses or environmental damage found in their supply chains....
...Iranian officials have previously denied that the republic’s drones were being used in Ukraine....
...In principle, I welcome that — but I’m worried that, despite its undoubted good intentions, the EU is indulging in a certain make-believe in its policies towards the troubled former Yugoslav republic....
...The broker predicted that the market would be oversupplied until 2028 after Chinese producer CMOC raised volumes from the Democratic Republic of Congo....
...The company’s order intake stood at €23.1bn in 2023, roughly stable from the previous year....
...Context: Slovakia, the Czech Republic and Hungary can continue using oil from Russia’s Druzhba pipeline despite an EU ban, until alternative supplies are available....
...Kyiv’s forces have started rationing the use of artillery due to limited western supplies....
...In this case, it’s the question of human rights abuses in corporate supply chains, specifically European companies and the alleged forced labour of Uyghurs in China’s Xinjiang province....
...Traders had been betting on increasing supply at copper mines in the Democratic Republic of Congo, Peru and Chile to outstrip demand next year, but they now see the market being tightly balanced....
...The Financial Services Commission said the loans and debt guarantees would help Korean companies diversify their sources, develop alternative technologies and secure natural resources abroad to stabilise...
...A big challenge for all companies is water usage in their supply chains....
...In today’s newsletter we focus on a similarly intense controversy on the other side of the Atlantic, over the EU’s attempt to hold companies accountable for their international supply chains....
...The due diligence directive would place the onus on companies to clean up their supply chains and allow campaigners to take businesses to court that were found to have links with child labour or environmental...
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