Every 30 seconds, global e-commerce industry generates over $1.2 million revenue with Facebook, Pinterest and Twitter contributing $5,483, $4,504 and $4,308 respectively, according to an ASSOCHAM-Deloitte joint study. The study found that ...
US automotive giant Ford Motor plans to draw from the low-cost techniques mastered in India to maintain its competitive edge in other markets. This is set to be an emulation of the strategy used by its Asian rivals reportedly outshining ...
Tags: Ford Motor, Hyundai Motor
A guideline for China's Internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum. The guideline seeks to "promote the healthy development ...
German automobile manufacturer BMW has launched its X6, the Sports Activity Coupe (SAC) in India. Philipp von Sahr, President, BMW Group India said, "BMW established the Sports Activity Coupe (SAC) segment with the introduction of BMW X6 ...
Tags: automobile manufacture, BMW, BMW X6
US-based craft brewery SweetWater Brewing is preparing for an initial public offering (IPO). Reuters cited people familiar with the matter as saying that SweetWater is negotiating for stock market flotation with investment banks, which is ...
Tags: beverage, beer, brewery SweetWater
The commerce and industry ministry has launched the facility for online payment of application fees through credit or debit cards and other electronic fund transfers, according to a government statement. The facility of online payment was ...
Tags: textile manufacture, DGFT
According to JDA Software Group, its 35 JDA customers have been named to the ‘Apparel Top 50 for 2015’ list. “These JDA customers include American Eagle Outfitters, Chico’s, Christopher & Banks and New York & ...
Tags: JDA, apparel and clothing
The campaign for safety in the Bangladeshi readymade garment sector has received a boost with the International Finance Corporation (IFC), a member of the World Bank Group, announcing a wide-ranging safety programme by providing $50 million ...
Tags: fshionable garment, IFC, garment
Greece was living beyond its means even before it joined the euro. After it adopted the single currency, public spending soared.When the global financial downturn hit - and Greece's hidden borrowings came to light - the country was ...
Tags: Greece, Greece debt crisis, Grexit
Swiss specialty textile chemicals producer Archroma said it has entered into a senior secured credit agreement that provides for credit facilities totaling to around $515 million. According to an Archroma press release, the credit ...
Tags: textile chamicals production, specialty textile chemicals
After the exports of the Turkish textile and apparel sector to Greece went up 9.1 per cent to $116 million in 2014, the first five months of 2015 concluded with a 19 per cent decline, according to Istanbul Textile and Apparel Exporters ...
The People's Bank of China (PBOC), China's central bank, extended a 6-month medium-term lending facility (MLF) worth 250 billion yuan (over 40 billion U.S. dollars) at an interest rate of 3.35 percent to 11 banks on Friday. The extension ...
Tags: People's Bank of China, central bank, medium-term lending facility
China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...
Tags: Reserve Ratio, Interest Rates
The Presidents’ Meeting that took place in Tel Aviv this week highlighted five challenges facing the diamond industry, but the issue of profitability was the most pressing. Constituents of the World Federation of Diamond Bourses ...
Tags: diamond industry, mining
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis