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Jiffy Packaging Divests Systems Division to Ripac
Aug 19, 2015Jiffy Packaging Europe has sold its air cushion technology and foam-in-place systems division, to German flexible packaging firm Ripac. Ripac has been supplying film to Jiffy's Systems division since 2008. Cheshire-based Jiffy makes ...
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China's Cooling Growth Prospects Are to Shift The Economic Agenda Away From The Eurozone
Mar 16, 2015China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
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China Manufacturing Loses Growth Grip
Sep 19, 2014China's manufacturing sector expanded in August but at a significantly slower pace, as production rates and new orders softened. The Flash China Manufacturing PMI, published by HSBC in conjunction with Markit Economics, fell 1.4 points to ...
Tags: Manufacturing, Processing Machinery, China Manufacturing
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Technology Companies Are Cutting Jobs at a Faster Pace This Year
Aug 18, 2014Technology companies are cutting jobs at a faster pace this year compared to last despite signs that the overall economy is doing well, according to a report by Challenger, Gray & Christmas Inc. The global outplacement consulting firm ...
Tags: Tech Job, Electrical, Electronics
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US Manufacturing Expanded for The 14th Straight Month in July
Aug 4, 2014US manufacturing expanded for the 14th straight month in July in a good sign for the overall economy. The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose to 57.1, ...
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Gold Is Lacking Direction Ahead of Key US Employment Data Due Friday
Apr 4, 2014Gold is lacking direction ahead of key US employment data due Friday, with mixed views on physical demand. ANZ said in a gold report that "the $100/oz decline in gold over the past two weeks was largely the unwinding of the 'safehaven' ...
Tags: Service, employment data, Economy
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February Jobs Report
Mar 10, 2014National Retail Federation President and CEO Matthew Shay and NRF Chief Economist Jack Kleinhenz issued a response to the organization's February jobs report. "While there are signs of modest momentum in the economy, now is not the time ...
Tags: Sporting Goods, Recreation, Retail Industry
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The Number of Americans Filing for Jobless Benefits Fell to The Lowest Level
Jan 10, 2014The number of Americans filing for jobless benefits fell to the lowest level in a month for the week ended Jan. 4, the Labor Department reported. Claims fell 15,000 to 330,000, lower than the 335,000 average estimate from economists ...
Tags: Americans, jobless, unemployment, decline
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U.S. Companies Boosted Payrolls by The Most Since November 2012
Jan 9, 2014Mark Elias/Bloomberg News U.S. companies boosted payrolls by the most since November 2012, according to a private report released Jan. 8. Employment increased by 238,000 in December following a revised 229,000 gain in November that was ...
Tags: payrolls, employment, hiring
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Canada Is Among The Five Largest Energy Producing Countries in The World
Nov 29, 2013Canada is among the five largest energy producing countries in the world according to the International Energy Agency, and Canadian jobs in oil and gas productions are expected to continue to grow into the future. Positions expected to ...
Tags: Metallurgy, Mineral, Energy, gas, oil
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Oil Prices Were Little Changed Monday as Traders Awaited U.S. Crude Inventories Data
Nov 5, 2013Oil prices were little changed Monday as traders awaited U.S. crude inventories data for last week. Energy Information Administration (EIA), the Energy Department' s statistical arm, will on Wednesday release its report covering U. S. ...
Tags: Oil, Metallurgy, Mineral, Energy
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The Markit Eurozone PMI Composite Output Index Fell From September's 27-Month High
Oct 30, 2013The Markit Eurozone PMI Composite Output Index fell from September’s 27-month high according to the October flash estimate, but remained above the 50.0 no-change level for a fourth successive month. At 51.5, down from 52.2 in ...
Tags: PMI
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ICE Cotton Settled Slightly Lower This Week, Closing at 83.11 Basis Z3
Oct 21, 2013ICE cotton settled slightly lower this week, closing at 83.11 basis Z3. Growing cert stocks and lower YoY Chinese cotton imports in September prompted bearish headlines that, along with sagging technicals and ideas that the US crop may be ...
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U.S. Economic Growth Was Higher Than Expected in The Second Quarter of The Year
Aug 5, 2013Oil prices advanced on Wednesday after a report showed that U.S. economic growth was higher than expected in the second quarter of the year. The U.S. real gross domestic product (GDP) increased at an annual rate of 1.7 percent in the ...
Tags: Oil Prices, Economic Data
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Furniture Factory Orders Increase 6%, Shipments Rise 3% in May
Aug 5, 2013Furniture factory orders in May were 6% ahead of May 2012, but were up just 4% for the first five months of the year, according to the latest survey from the accounting and consulting firm Smith Leonard. The survey also showed that May ...
Tags: Furniture, Furnishing