NY futures resumed their uptrend this week, as May rallied 380 points to close at 91.61 cents, while December gained 171 points to close at 79.55 cents. After meandering sideways for the past six weeks, unable to generate much ...
Tags: Cotton Futures, Cotton market, Textile
IndustriALL, UNI Global Union and the Clean Clothes Campaign are welcoming the launch of the Rana Plaza Arrangement claims process, which will officially commence on the 24th March. They are now calling on brands to contribute to the Rana ...
Tags: Clothes, Apparel, Clean Clothes
Projected 2013/14 world wheat production is up 0.8 million tons this month to 712.7 million, further raising the historical record. In Australia, 2013/14 production is up 0.5 million tons to 27.0 million this month. The harvest in Australia ...
Tags: Wheat, cereal, Agriculture
Recent declines in the price of iron ore have not disrupted contractual commitments with customers, a senior Rio Tinto official said Tuesday. "We haven't seen any impact in shipping commitments," said Andrew Harding, Rio Tinto's chief ...
US commercial crude stocks are expected to have risen 2.3 million barrels for the week ended March 7, according to a Platts analysis and survey of oil analysts Monday. The American Petroleum Institute will release its weekly report at ...
Tags: Crude, commercial crude stocks
Recently, Chinese investors were wooed to invest in India’s promising textile sector at a half-day seminar on “Investing in India’s Textile Sector” in Shanghai. The seminar was well received by the ...
Tags: Textile Sector, Textile
Chinese automobile manufacturer Zhejiang Geely Holding has acquired UK-based electric-vehicle startup Emerald Automotive for an undisclosed amount. According to Emerald, Geely will invest a minimum of $200m to help the company develop ...
Tags: Electric Vehicle, Geely Group
Members of the British Retail Consortium have set themselves an ambitious target of reducing energy-related building emissions by 50 per cent by 2020. The cut, compared to a 2005 baseline, follows BRC members beating their previous target ...
Tags: energy-related building emissions, Energy Savings Opportunity Scheme
GE (NYSE: GE) announced today it has completed the acquisition of API Healthcare, a healthcare workforce management solutions provider, headquartered in Hartford, WI. API Healthcare's complementary offerings will expand GE Healthcare's ...
Tags: API Healthcare, the acquisition of API Healthcare, GE(NYSE:GE)
Oil futures settled higher Monday on support from firm US equities, geopolitical tensions and an easing of Libyan oil output, but the upside was limited by weak Chinese and eurozone data. NYMEX April crude settled 62 cents higher at ...
Tags: Oil Futures, oil output
Patients who have had bariatric surgery may need to take dietary supplements and pay closer attention to their nutritional intake, a UT Southwestern Medical Center study suggests. The study, published in the Journal of Investigative ...
Tags: bariatric surgery, take dietary supplements, post-operative care
Around a quarter of Australian metallurgical coal is sold on a spot basis following a significant increase in production and the fact that the primary buyer, China, prefers short-term pricing, an analysis of Platts data and a survey of ...
Tags: Coal Market, Spot Pricing
Indonesian thermal coal exporters are now required to produce a certificate clearing the miner to produce coal before they ship material overseas, a government official said. The latest move is the second regulatory obstacle encountered ...
Tags: Coal Exporters, Regulatory Hurdle
Finland-based stainless steel producer Outokumpu has announced that it has completed the strategic review of its thin and precision strip operations in Kloster and Nyby, Sweden and in Dahlerbrück, Germany, launched in June 2013 with ...
Tags: stainless steel, Outokumpu
From a technical point of view the market did resolve the flag formation that we had mentioned last week and broke out to the upside, which propelled March to a six-month high, while May traded at its best level since April 2012. On ...
Tags: Upward Trend, Cotton Futures