Bangladesh imports a major portion of the cotton that is consumed in the country from many sources. Sourcing raw material all over the globe means Bangladeshi spinners have to deal with wide variations in the type and degree of ...
Tags: Bangla Spinners, raw material
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods
Medtronic as of Monday expected to complete its $48 billion merger with Covidien—after clearing its final hurdle with the Irish High Court's sanctioning of the deal. Bloomberg dubbed the merger the biggest inversion ever, while ...
Anyone with a lawn tractor or riding mower who lives in a snowy region has likely pondered the notion of attaching a plow or snow blower to it, especially when the snow falls heavy and deep. But for many of us, particularly those ...
Tags: Lawn Tractor, snow blower
“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
Crystal Group chairman, Kenneth Lo, has won two awards in EY Entrepreneur of the Year 2014 China (EOY 2014 China), for his significant contributions to the economy and the community. Kenneth is one of the two country winners (also ...
Tags: Crystal Group, Apparel
EBITDA at the largest down apparel company in China, Bosideng International rose 11.9 percent from a year ago period, but operating profit slipped 10.7 per cent in the six months to September 30, 2014 period. Bosideng said, as a result of ...
The Alliance for Bangladesh Worker Safety (Alliance) has taken up a new initiative to protect the lives of garment workers by providing fire safety training to factory security guards. The course will prepare guards to react effectively ...
Tags: Fire Safety, Security Guards, Apparel
Industrial & Commercial Bank of China (601398.SHA) will become a clearing bank for RMB transactions in Canada, The Wall Street Journal reported, citing a statement from China's central bank. The announcement comes one day after China and ...
Tags: ICBC, RMB Transactions, Service
The State Council of China decided to open the bank-card clearing business to both domestic and foreign investors to open wider to the outside world. A statement released by the The State Council said that the qualified domestic and ...
Tags: Bank-Card Clearing
USDA in its latest report warns that countries with policies that support prices above the world levels may in turn reduce their export competitiveness for both cotton and textiles, especially yarn and fabric. China’s new cotton ...
Tags: cotton import policy
All Pakistan Textile Mills Association (APTMA) chairman, Muhammad Yasin Siddik, has urged the Government of Pakistan to clear the outstanding tax refunds, as committed by the Federal Minister for Finance and Economic Affairs, Muhammad Ishaq ...
Tags: Textile, tax refunds, Apparel
The National Retail Federation (NRF) has petitioned the U.S. Supreme Court to review a ruling that left the cap on debit card swipe fees at 21 cents rather than reducing it to a lower level. A petition asking the Supreme Court to ...
Former Microsoft CEO Steve Ballmer closed on his acquisition of the Los Angeles Clippers Tuesday from The Sterling Family Trust. The NBA Board of Governors previously approved the $2 billion sale, but a California court had to rule on ...
Tags: Ballmer, Clippers, Sporting Goods
Cleaner cotton makes quality yarns – but how can spinners be sure of removing unwanted contaminants without wasting good fiber or hampering mill productivity? The acquisition of Jossi Systems AG by Uster Technologies has created the ...