Big complex banks must now hold far more capital than in the past because they are seen as posing higher economic risks and they have to be easier to dismantle if they hit trouble. That has hurt their profitability and held back share ...
Tags: Big complex banks, soft trading
Incipio has secured a multi-territory, multi-year licensing agreement with Burton Snowboards to produce a range of mobile device accessories using its brand name. This agreement allows Incipio to manage the manufacturing and distribution ...
Tags: mobile device, waterproof, portable Bluetooth speakers, Sporting Goods
“The ongoing political turmoil in Bangladesh has cost the apparel industry Tk 4.5 billion,” the chief of Bangladesh Garment Manufacturers & Exporters Association (BGMEA) said. Addressing a media conference, Atiqul Islam, ...
Tags: shipping, clearing and forwarding agents, banks, Apparel
The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
The first College Football Playoff (CFP) National Championship is leading the way in environmental stewardship by incorporating sustainability as a key part of its operations. The U.S. Environmental Protection Agency is recognizing CFP, Kay ...
Tags: renewable energy, solid waste, Construction
We might not have long to wait for Apple Pay to hit UK shores. One report claims the service could roll out internationally as soon as March. According to sources speaking to 9to5Mac, Apple and its Canadian partners are planning ...
Tags: Apple, US, Consumer Electronics
DuPont is consolidating its corporate headquarters at the company’s Chestnut Run Plaza campus in New Castle County, Delaware effective July 1, 2015, following a review of separation of assets and real estate associated with the ...
West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
A comprehensive strategy aimed at the textile and clothing industry, allowing secure employment for more than 450,000 families belonging to the sector, and to promote competitiveness of enterprises, as well as to create legal and equitable ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
Southwest China's Chongqing Municipality launched its carbon trading market on Thursday, marking the operation of all seven approved pilot trading programs in the country. Sixteen transactions worth more than 4.45 million yuan ...
Tags: Metallurgy, Mineral, Carbon
Saudi Arabia-based food producing firm Savola Group has agreed to sell its packaging unit Savola Packaging group to Takween for $242.46m (910m Saudi Riyals). The complete purchase price will be financed through a syndicate of Saudi banks, ...
Tags: plastic containers, barrels, bottles, covers, Agriculture
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules integrated into off-grid applications and its EnerPlex series of consumer products, ...
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011. Therefore, there is understandably some uncertainty about ...