After the unions and employers failed to reach an agreement for yet another time, unions like CCOO and UGT have announced their decision to protest across Spain. The wage agreement between employers and employees of the Spanish textile ...
US snack food manufacturer McKee Foods has been selected as the leading stalking horse bidder to acquire Hostess Brands' Drake's snack cake business for $27.5m. Hostess Brands stated that the deal will be presented to the US Bankruptcy ...
Tags: Mckee Foods, Drake's Snack Cake, Food
British food company Symington's is set to transfer its noodle production from China to Yorkshire, UK, in order to respond more quickly to retailers' demands. As part of the plan to shift the production, the company has cancelled ...
Tags: Symington, noodle production, Food
The European Economic Advisory Group at CESifo (EEAG)* has released its twelfth Report on the European Economy today in Brussels. The international group of scholars expects world GDP to grow by 3.3 percent this year, up from 3.0 percent in ...
Tags: European Economy, GDP, economy
The wages in the Sri Lankan apparel sector have not risen at the same pace as the growth in GDP, export earnings or cost of living, and hence, there is a need to revise the wage formula, a noted economist has said. Speaking at a seminar ...
Tags: Sri Lanka, apparel sector, GDP
The complexity of global supply chains, increasing costs, explosion in order and delivery channels, rising customer expectations and new consumer behaviour have all contributed to the growing challenges faced by organisations when it comes ...
New Zealand took the top spot, followed by Norway and Sweden Canada is the fourth-best country in the world to be a working woman, according to The Economist’s glass-ceiling index release. Using data from the Organization for ...
Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting worries that China's demand for Australian exports would weaken. At 4.47pm AEDT, the Aussie fetched $US1.0224 compared with ...
Tags: Aussie, US, Australian dollar
With its new warranty promotion, Fronius International GmbH is, with immediate effect and at no cost, offering a 5 year material warranty in addition to the 5 year manufacturer's warranty. The offer is valid for all Fronius inverters ...
Tags: Fronius Inverters, Metallurgy, Mineral
The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
The COSATU-affiliated Southern African Clothing and Textile Workers Union (SACTWU) has taken note that the Free Market Foundation has filed a constitutional challenge against the provisions of the Labour Relations Act that allows collective ...
Recovery from the recession has been something of a rollercoaster ride and with talk of a possible triple dip recession we are not out of the woods yet. We should be careful about the media reports however; as by the time figures are ...
Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips
American Air Filter Co., Inc. has introduced the MEGApleat M8 premium pleated filter. AAF International says that when compared to the leading MERV 8 pleated filter in the market, the MEGApleat M8 filter reduces energy costs by up to ...
Tags: American Air Filter, pleated filter, filter
Eighteen lingerie stores in shopping centres located in east Riyadh, Saudi Arabia, have been shutdown by the Labour Ministry and the Ministry of Municipal and Rural Affairs, following failure of these shops to fulfil the Saudization ...
Tags: lingerie stores, Saudi Arabia, lingerie