Personalities

John Lewis appoints Ofcom CEO as Chairman with near-GBP 1 million salary John Lewis announces new Chairman Ofcom CEO Sharon White will join as chairman in 2020 White will be paid a GBP 990000 salary John Lewis has announced that Ofcom chief executive Sharon White will join as the department store chain’s new Chairman. White … More Personalities

Local content measures scrutinized by WTO members in investment committee

Several WTO members raised concerns over local content requirements imposed by other members at a meeting of the Committee on Trade-Related Investment Measures (TRIMs) on June 6, 2019. Certain domestic legislation concerning fisheries, mobile and medical devices, and retail, automobile and pharmaceutical products may breach WTO rules according to some members. China – local content … More Local content measures scrutinized by WTO members in investment committee

EU Freight transport: Digitalisation will save transport sector up to 102 million working hours a year

EU Transport Ministers met in Luxembourg yesterday and agreed to a General Approach on the proposal on electronic freight transport information, which the Commission presented in May 2018 as part of the ‘Europe on the Move III’ proposal for a safe, clean and efficient mobility. Through this agreement, the transport sector will profit from less … More EU Freight transport: Digitalisation will save transport sector up to 102 million working hours a year

New EU rules on shareholders’ rights and transparency enter into application

On Monday June 10, 2019, the revised Shareholder Rights Directive will enter into application. It promotes more responsible share ownership and addresses the corporate governance shortcomings that contributed to the financial crisis. Věra Jourová, Commissioner for Justice, Consumers and Gender Equality, said: “We have learned the lessons from the past. With the revised Shareholder Rights Directive … More New EU rules on shareholders’ rights and transparency enter into application

NCTO & AAFA Unite in Letter to President Opposing Proposed Tariffs on Mexico

On June 5, 2019, the National Council of Textile Organizations (NCTO) and American Apparel & Footwear Association (AAFA) sent a letter to President Donald J. Trump, opposing the proposed escalation in tariffs for all U.S. imports from Mexico. As the representatives of the apparel and textile supply chain, the organisations represent hundreds of thousands of … More NCTO & AAFA Unite in Letter to President Opposing Proposed Tariffs on Mexico