Shares in De La Rue, the company responsible for printing banknotes in England, have plunged following a profits warning. Profits for this year are now expected to be 20m lower than in 2013/14, and the company has cut its dividend. On ...
Tags: De La Rue, Profit Warning, Printing
The Government of India, Ministry of Textiles, will soon launch a venture capital (VC) fund to provide equity to start-up entrepreneurs, Santosh Kumar Gangwar, Minister of State (Independent Charge) for Textiles, said at the annual ...
Investment firm Larsen MacColl Partners has acquired packaging solution providers S Walter Packaging for an undisclosed amount. S Walter works on designing, sourcing and delivering coordinated packaging solutions to branded consumer ...
In September this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 76.6 percent, up from 76.0 percent recorded in August, while the capacity utilization rate in the Turkish basic metal manufacturing ...
Tags: Basic Metal, Mineral
The iron ore industry is worried about a further collapse in prices as the Chinese government has signaled it is abandoning its aggressive policy stimulus to boost economic growth, according to media reports. China's Finance Minister Lou ...
Tags: Iron Ore, industrial output
In September this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.5, higher than the anticipated level of 50.0 and up from August's final reading of 50.2, as announced by the HSBC on September 23. In ...
UK-based packaging firm Universal Flexible Packaging (UFP) has invested £11m at a new facility that will help them boost their annual turnover from the current £17m to £25m in three years. The firm will be relocating ...
Tags: Flexible Packaging, Packaging
Shanxi Province-based Chinese stainless steel producer Taigang Stainless Steel Co., a subsidiary of Taiyuan Iron and Steel (Group) Co. (TISCO), has announced that it plans to issue ultrashort-term bonds worth RMB 2.0 billion ($325 million) ...
Vietnam and India have identified garments and textiles as one of the important areas of potential growth in bilateral trade. On the occasion of a State visit to Vietnam by Indian President Pranab Mukherjee, both nations issued a joint ...
Iron ore declined sooner than expected this year as supplies exceeded demand and prices are unlikely to recover, according to Goldman Sachs Group Inc., which said 2014 will mark the end of a so-called iron age. This year “is the ...
A+ School & Career Apparel, one of the leading apparel companies based in Arkansas, US, has planned to install NGC Software's fashion Product Lifecycle Management (PLM) software, BusinessWire reported. The apparel company has also planned ...
Tags: Apparel, Career Apparel
In its interim results for the first six months ending July 31, 2014, UK-based fashion retailer NEXT said it had a good first half, achieving sales and profits ahead of its original expectations. Led primarily by retail stores sales ...
Tags: Apparel, Fashion Apparel
Driven by acquisition of Jos. A. Bank and also rise in retail segment sales, clothing marketer Men's Wearhouse said it reported a 24% revenue hike in the second quarter ended August 2, 2014. Total net sales increased 24.1% or $155.8 ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis remained steady for the fourth consecutive week amid thin trade, market sources said Wednesday. Sources said physical buying interest ...
Tags: Copper Cathode, Copper, Metallurgy
Chinese manufacturing activity growth slowed in August, losing momentum for the first time in six months after having hit its highest level in more than two years. The official purchasing managers index (PMI) came in at 51.1 last ...