India earned nearly US$ 15 billion through exports of textiles and apparel in the first six months of the current financial year 2013-14, according to the latest data released by the Reserve Bank of India (RBI). According to the ...
XPO Logistics Inc. said it has closed its purchase of NLM, a Web-based freight auction site, from truckload carrier Landstar System Inc. XPO paid $87 million for the business, which it will rebrand as XPO NLM, it said in a Dec. 30 ...
Tags: XPO Logistics, NLM, Landstar System, close purchase
The Campaign for Tobacco-Free Kids, a coalition of public health organizations, has ranked New Jersey 51 in the nation, including Washington D.C., in protecting children from smoking and tobacco use. Experts at Robert Wood Johnson Medical ...
Tags: New Jersey, Campaign for Tobacco-Free Kids, Tobacco Settlement
Apple CEO Timothy Cook received a compensation package valued at nearly $4.3 million this year, up slightly from 2012. Cook's pay for fiscal 2013, which ended in September, consisted of $1.4 million in salary and a bonus of $2.8 million, ...
Tags: Apple, Timothy Cook, compensation package
For the most part of 2012 and 2013 the textile sector was besieged by twin impacts of slowing domestic consumption and slowdown in export demand. However recent pick up in export demand is expected to improve the fortunes of textile ...
Tags: Textile Exports, US market
The U.S. Postal Service's regulator has approved price increases amounting to 6% on most mail, news service reported. A first-class stamp will cost 49 cents, up from 46 cents, starting Jan. 26. The increases of 4.3% approved Dec. 24 are ...
Amira Nature Foods, a United Arab Emirates-based provider of packaged Indian specialty rice, has signed a deal to take over Basmati Rice, a Germany-based premium branded rice distributor, for an undisclosed amount. Basmati Rice offers ten ...
Tags: Amira Nature Foods, Basmati Rice
China Mobile has held its Global Partners Conference in Guangzhou, which started on December 17 with the Main Forum on December 18. At the conference, China Mobile officially released its 4G business development plan and commercial main ...
Tags: China Mobile, 4G, iPhone
The exports of readymade garments from Bangladesh increased by 20.73 percent in the first five months of the current fiscal year 2013-14 to US$ 9.653 billion, as against exports of US$ 7.995 billion made during the corresponding period of ...
Tags: Garment Exports, Apparel
The exports of textiles and apparel from Pakistan grew by 6.02 percent to US$ 5.684 billion during the first five months of the current fiscal year 2013-14, as compared to exports of US$ 5.361 billion made during the corresponding period ...
Tags: Textile Exports, apparel
India's finished steel consumption totaled 48.29 million mt in the first eight months of the current Indian fiscal year (started April 1, 2013), with just a 0.4 percent year-on-year increase, according to provisional estimates released by ...
Tags: steel, metallurgy
Navistar reports a fourth quarter 2013 net loss of $154 million, or $1.91 per diluted share. But still, that's good when compared to the fourth quarter 2012 when Navistar reported a net loss of $2.8 billion, or $40.13 per diluted share. ...
Tags: Transportation, Auto Parts
Navistar continues to be dogged by warranty issues related to its previous emissions strategy, and today announced a $154-million loss for the fourth quarter. Still, it was a marked improvement from the Q4 loss of $2.8 billion the company ...
Tags: transportation, Navista
The Finish Line, Inc. reported results for the 13-weeks ended November 30, 2013. For the thirteen weeks ended November 30, 2013: • Consolidated net sales were $364.5 million, an increase of 22.9% over the prior year period. ...
Tags: The Finish Line, Apparel
Japan's economy will grow 1.4 percent in fiscal 2014 on the back of healthy domestic demand, amid inflation of 1.2 percent — excluding the effects of the consumption tax hike in April, the government projected Saturday. The ...