An expert told that trade between Brazil and China in 2015 may reverse a downward trend as commodity prices are recovering and Brazil will export more manufactured goods to China. Brazil-China trade dropped significantly in 2014, with ...
Due to the euro zone, Japan and some emerging economies disappointing economic prospects, offset by a drop in oil prices brought the global economy, the World Bank cut down global economic growth forecasts on January 13, 2015 and 2016. ...
Tags: Economy, Global Economy
The University of Michigan preliminary consumer sentiment index for January rose to an 11-year high of 98.2, helped by a strengthening job market and lower fuel costs. The preliminary reading was the highest since January 2004, and up ...
Tags: job market, fuel costs, Sporting Goods
Most of the traditional January or Boxing Day sales now start online before Christmas, even before you've had a chance to pull a cracker. Retailers are not obliged to give you a refund or an exchange if you simply decide you don??t want ...
Tags: Boxing Day, Christmas
Economic globalization refers to the economic resources which can cross national borders freely, comprehensivly and conjunctively flow and configuration in the global scope in the world economic development, making national economy ...
Tags: Global Trade, global supply chain
The Confederation of Indian Textile Industry (CITI) has requested the Government to reduce the excise duty on all man-made fibres and filaments, as also their raw materials from the current 12 per cent to 6 per cent. In a pre-Budget ...
Tags: man-made fibres, Apparel, Textile
According to the report released by online payment company paypal, online shopping payment in Brazil will reach $27.8 billion in 2014, up 21% on year. The report said that the payment through portal devices such as tablets and smart ...
Tags: E-Commerce Sales, online shopping
Chairman of the Cotton Textiles Export Promotion Council (TEXPROCIL) has welcomed the enhancement of duty drawback rates on textiles, by calling them positive and growth oriented. The government had earlier announced the new rates of duty ...
Tags: Cotton Textiles Export, Textile
Speakers at the recently held International Cotton Advisory Committee's (ICAC) 73rd Plenary Meeting were of the opinion that, instrument testing of cotton lint will help farmers realise better prices and that it was imperative. This ...
Tags: cotton lint, instrument testing, Apparel
Brazil's motor vehicle output in October this year decreased by 2.5 percent from the previous month, and fell by nine percent year on year to 293,328 units (excluding agricultural vehicles), according to the Brazilian Motor Vehicle ...
Speaking exclusively to Packaging News at the third European Bioeconomy Stakeholders’ Conference, Quentin Clark, head of sustainability and ethical sourcing at Waitrose, said the high-end grocery retailer wanted consumers and local ...
Tags: Recycling Packaging, Packaging
Although ThyssenKrupp stated in August that it planned to invest up to BRL 450 million (US$197.4 million) in Brazil between 2013 and 2016, reports this week indicate the company has adjusted that figure to BRL 2 billion ($814.1 million). ...
Tags: ThyssenKrupp, Metallurgy
The Brazilian industry and foreign trade ministry's commerce chamber, Camex, has announced that it has reduced the import duty for heavy plates from 12 percent to two percent due to supply shortage in the domestic market. The cut in ...
Tags: Heavy Plates, import duty
Insteel Industries, Inc. reported Thursday net earnings for the fourth quarter of fiscal 2014 of $4.6 million, up from $2.3 million in the same period a year ago. Net sales increased 19.3 percent to a record high $117.1 million from $98.2 ...
Tags: Insteel, Net earnings
Orders to U.S. factories fell in August by the largest amount on record, but the drop was heavily weighed by an expected plunge in volatile aircraft orders. A key category that tracks business investment plans posted a small increase, ...
Tags: Factory Orders