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US finds unfair subsidies in polyester staple fibre trade probe

2017-11-06 12:28:00| Daily apparel & textile news and comment - from just-style.com

Exporters of fine denier polyester staple fibre from China and India received unfair subsidies, according to first findings from countervailing duty (CVD) investigations carried out by the US Department of Commerce.

Tags: trade finds probe polyester

 

Deutsche to pay $220m over Libor probe

2017-10-25 20:17:45| BBC News | Business | UK Edition

The penalty comes on top of a $2.5bn fine levied in 2015, also over interest rate manipulation.

Tags: pay deutsche probe libor

 
 

US initiates antidumping probe into PET resin

2017-10-23 16:12:00| Daily apparel & textile news and comment - from just-style.com

The US Department of Commerce has initiated anti-dumping duty investigations to determine whether imports of polyethylene terephthalate (PET) resin from Brazil, Indonesia, South Korea, Pakistan and Taiwan are being dumped in the US.

Tags: pet probe resin initiates

 

EU again urged to probe Bangladesh labour law failings

2017-10-18 11:56:00| Daily apparel & textile news and comment - from just-style.com

Unions are piling the pressure on the European Commission to make good on its promise to launch a probe into Bangladesh after the country's government failed to make vital reforms to ensure its garment industry complies with core international labour standards.

Tags: law bangladesh probe labour

 

Kenya prosecutor orders criminal probe of 6 Safaricom staff over possible election fraud

2017-10-04 09:37:00| Telecompaper Headlines

(Telecompaper) The Kenyan chief prosecutor has ordered a criminal investigation of six employees of mobile operator Safaricom for allegedly conspiring with election board officials to rig the 08 August presidential poll. Safaricom has dismissed the accusations as "reckless, callous and unnecessary" and warned that the allegations could endanger the lives of its members of staff and families. A letter from public prosecutions director Keriako Tobiko says a team of senior prosecutors will assist in investigating six staff members named by opposition politicians under the National Super Alliance (Nasa) for possible meddling with the election results, which were later nullified.

Tags: possible staff orders criminal

 

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