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EU parliamentarians vote to revise seal import ban

BRUSSELS: EU lawmakers voted on Tuesday to revise the 28-nation bloc’s ban on the sale of products derived from seals in an effort to bring the legislation in compliance with global trade rules ahead of an impending deadline. A year ago, the WTO’s Appellate Body confirmed that the EU’s seal import ban, while justified on public morality grounds relating to ... Read More »

Belgium Customs department to launch IT system for clearance of goods

BRUSSELS: In the coming weeks the Customs department will be deploying a new IT system for the clearance of goods for export, excise director Joseph Chetcuti said. In a statement, Chetcuti said that the department had recognised the pressing need to deploy new IT systems based on the latest technology available on the market. “Maintaining and upgrading current aging systems ... Read More »

E.C. clears ADM acquisition of Belgium oil bottling company

BRUSSELS: The European Commission approved Chicago-based Archer Daniels Midland Co.’s acquisition of AOR N.V., a privately held oil bottling company based in Antwerp, Belgium. AOR bottles and distributes edible oils in Europe, with customers across the continent and a substantial export business. Its brands include Oilio and Coroli. ADM is a global agricultural company active in the production and sale ... Read More »

Belgium raises EUR4b via third syndicated euro-government bond launch

BRUSSELS: Belgium launched its third syndicated euro-government bond this year, raising 4 billion euros ($4.47 billion) amid solid demand, said one of the banks involved in the transaction. Order books for the new June 2038-dated government bond were in excess of EUR7.5 billion. The bond, which carries a coupon of 1.90%, was priced at 99.382 to yield at 1.934%, a ... Read More »

EU beef imports up 3%, exports down 1% in first half of 2015

BRUSSELS: In the first half of the year, EU beef and veal imports were up 3% on the same period last year at 101,000t, AHDB the organisation for the English beef and sheep industry has said. It attributes this growth to increased volumes of chilled products, accounting for almost two-thirds of trade and consisting almost entirely of premium cuts. The ... Read More »

Baby clothing market report provides profiles of 30 companies

BRUSSELS: Global Baby Clothing Industry 2015 Market Research Report and Baby Clothing World Report research titles provide an outlook into the baby clothing market, its leading players including profiles of 30 companies, trends and forecasts to 2020. Complete baby clothing market 2015 – 2020 report spread across 192 pages, analyzing and profiling 30 major companies as well as supported with ... Read More »

Belgium explores business opportunities in Cuba

BRUSSELS: A delegation of representatives of twelve companies of Belgium is visiting Cuba, which explores business opportunities and investment to expand trade between the two countries, official media reported today on the island. The mission is the first of its kind to visit the island in search of boosting strategic partnerships with Cuban entities for the development of telecommunications, construction, ... Read More »

Apple to launch first apple store in Belgium by September

BRUSSELS: Apple Inc. recently confirmed its plans to open an Apple Store in Brussels on September 19, marking the tech giant’s first Apple outlet in Belgium. The store will be located on Avenue de la Toison d’Or, leading to new job openings for future Apple employees in the region. The news was confirmed by the tech-giant, according to ANV reports, ... Read More »

Bechtle Public opens Belgian public sector arm

BRUSSELS: Bechtle is to open a specialist public sector business in Belgium to better serve customers in the EU’s administrative centre. Bechtle Public Belgium NV began its life as a trading entity yesterday. Its headquarters will be in Bechtle’s Belgian base of Neerpelt, and it will also have a location in another existing Bechtle office in Brussels. Gozard Polak has ... Read More »

New Belgium to sale 3.2% fat tire in bottle and cans

BRUSSELS: New Belgium Brewing will let a little bit of air out of Fat Tire this fall when it releases a lower-alcohol version of its flagship amber ale in packages for the first time. The beer will be 4 percent alcohol by volume, or 3.2 percent alcohol by weight, meaning it can be sold in supermarkets and convenience stores in ... Read More »

Belgium NBB business climate -5.1 vs. -3.5 forecast

BRUSSELS: – Confidence among Belgian business leaders fell unexpectedly in the last quarter, official data showed. In a report, National Bank of Belgium said that Belgium NBB Business Climate fell to -5.1, from -4.1 in the preceding quarter. Analysts had expected Belgium NBB Business Climate to rise to -3.5 in the last quarter.   Read More »

Belgium customs seizes 1.6 tons of cocaine

BRUSSELS: A joint customs task team between France and Belgium seized a total of 1.6 tons of cocaine, worth a street value of 62 million euros, at Antwerp Port during the summer months this year. June’s haul totalled 486 kg, July’s 535 kg and August’s 536 kg. The drugs were found in containers arriving from South America and were hidden ... Read More »

EU gives France 5M euros for new migrant camp in port of Calais

BRUSSELS: Prime Minister Manuel Valls said Wednesday that firmness must accompany humanity in dealing with Europe’s ongoing migrant crisis as officials announced plans for a new refugee center in Calais, where thousands of migrants have gathered in hopes of sneaking across the English Channel to Britain.   The humanitarian aid center, partially funded by the European Union, is expected to ... Read More »

Belgium, France Customs seize 1.6 tons of cocaine

BELGIUM: A joint customs task team between France and Belgium seized a total of 1.6 tons of cocaine, worth a street value of 62 million euros, at Antwerp Port during the summer months this year. June’s haul totalled 486 kg, July’s 535 kg and August’s 536 kg. The drugs were found in containers arriving from South America and were hidden ... Read More »

EU gives France 5m euros for new migrant camp in port of Calais

PARIS: European authorities are giving France an extra 5 million euros ($5.6 million) to aid migrants who have clustered in a filthy camp in the port city of Calais in hopes of sneaking across the English Channel to Britain. European Commission Vice President Frans Timmermans announced the funding Monday during a visit to Calais with French and EU officials. He ... Read More »

EU Ministers call emergency meeting to discuss migrant crisis

BERLIN: European ministers have called for an emergency summit to discuss the hundreds of thousands of migrants who are pouring into European countries. As The New York Times reports, almost as soon as Germany, France and the U.K. made the call, Luxembourg, which currently holds the EU presidency, obliged by setting a meeting date for Sept. 14 in Brussels. “What ... Read More »

EU wasting £1b ‘on propaganda and TV cartoons’

BRUSSELS: Brussels bureaucrats were accused last night of squandering more than £1billion of taxpayers’ cash on television programmes over the next five years. A report disclosed that more than 50 EU grants were handed out to media production companies making documentaries, films and even cartoons – including some with a slant that promoted the work of the EU. Projects funded ... Read More »

European bonds may extend losses as Sovereign-Debt Supply rises

BRUSSELS: After a volatile week in global markets, traders may be reluctant to increase their holdings of euro-area government bonds as debt supply surges and before the European Central Bank responds to the turmoil kindled in China. Investors last week turned pessimistic on German bonds, sending the 10-year bund yield rising the most in almost three months. Spanish and Italian ... Read More »

New Belgium Brewing to expand distribution to Hawaii in Feb 2016

BRUSSELS: New Belgium Brewing is pleased to announce an exclusive partnership agreement with Young’s Market Company, to start selling beer in Hawaii in February, 2016. New Belgium will launch with 6-pack bottles of Fat Tire, Ranger IPA, Rampant Imperial IPA and Seasonal Release as well 12-pk cans of Fat Tire and Ranger. Fat Tire bombers and draft Fat Tire, Ranger, ... Read More »

BikeVille innovation centre takes shape in Belgium

BRUSSELS: Construction has finished on the external walls for BikeVille, a modernist building on an industrial estate in Paal, a town in Flanders, the Dutch-speaking part of Belgium. When it opens in April 2016 the 2400m2 BikeVille will contain a wind tunnel, a concept store and a business “incubator” section with 25 cycling firms, including start-ups. BikeVille is the centrepiece ... Read More »