News
EU deforestation law: Council and Parliament agree on its targeted amendment
Today, the Council reached a provisional agreement with the European Parliament on a proposed targeted amendment of the EU deforestation regulation, postponing its date of application by 12 months. This provisional agreement still needs to be confirmed by
EU deforestation law: Parliament wants to give companies one more year to comply
EU deforestation obligations will be postponed one year so that companies can comply with the law that ensures products sold in the EU are not sourced from deforested land.
Commission strengthens support for EU Deforestation Regulation implementation and proposes extra 12 months of phasing-in time, responding to calls by global partners
The Commission is today publishing additional guidance documents and a stronger international cooperation framework to support global stakeholders, Member States and third countries in their preparations for the implementation of the EU Deforestation Regu
Swiss central bank cuts rates by a quarter point in third trim this year
The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%.
Japanese rubber futures climb
Japanese rubber futures rose over 1% on Thursday on hopes of fresh fiscal stimulus measures from top consumer China, although lower synthetic rubber and oil prices limited gains.
Inflated natural rubber prices to impact profitability of tyre makers: Crisil
Tyre manufacturers are facing profitability issues due to a more than 33% rise in natural rubber prices in the first five months of this fiscal year. CRISIL Market Intelligence & Analytics notes that strong demand and limited supply have pushed domestic p
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