On the heels of a pessimistic outlook during the fourth quarter of 2012, US business leaders show signs of increased optimism in the performance of the nation’s economy according to the latest data from the Grant Thornton ...
International Monetary Fund (IMF) predicted in the latest World Economic Outlook the global economy's growth would fall down to 3.3%, reducing by 0.2% than the prediction of January; global economy in 2014 would grow by 4%, remaining the ...
Tags: IMF, Global Economy's Growth
The Wool Market The market has turned down since the lift in prices in January, when the AWEX Eastern Market Indicator (EMI) rose by 39¢ to 1111¢. Unfortunately, a series of downturns during March took the EMI back to 1059¢ ...
Tags: Wool Indicator, AWEX Wool, Wool Market
Coming off a better than expected month in February, retail sales were somewhat lackluster in March, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported ...
Tags: retail sales, retail, Manufacturing
In Q4 2012, activity in the Eurozone contracted by 0.6% (-0.1% in the previous quarter). The decrease in exports put a drag on GDP growth while domestic demand remained on a negative trend. However, in the first quarter of 2013, the ...
In the first quarter of this year, Germany's passenger car output fell by 11 percent compared to the same period last year, to 1,331,700 units, according to the data released by the German Association of the Automotive Industry (VDA). ...
Tags: Passenger Car Output, Mineral
Investment in equipment and software is expected to grow 5.6% in 2013, according to the Q2 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. The Foundation ...
Tags: equipment, Software Investment
The global diamond industry has been passing through a 'Transformation Stage' since the severe economic recession hit it in 2008. The diamond prices too have become highly volatile since then, and are expected to grow at an accelerated rate ...
Property and casualty insurer ACE has acquired Fianzas Monterrey in Mexico, a surety lines company, from New York Life Insurance for nearly $293m in cash. Originally inked in September 2012, the transaction was successfully completed ...
Meat packer Hilton Food Group, which supplies retailers such as Tesco, is expected to ride out the recent horsemeat contamination issue unscathed, following publication of its preliminary results for 2012 which showed sales up 5% to 1bn. ...
Tags: Hilton Food, Food, Meat
Diamon-Fusion International, Inc. (DFI), global developer and exclusive licensor of patented hydrophobic nanotechnologies, announced today the signing of a new license agreement with Pacific Ring Incorporated (PRI). The agreement includes ...
Tags: DFI, Diamon Fusion International, hydrophobic nanotechnologies
The American Apparel & Footwear Association (AAFA) Board of Directors unanimously approved a new mission statement and strategic plan to guide AAFA’s priorities, operations, and accomplishments into the future. The vote, held today ...
Tags: Apparel, Footwear, Apparel Industry
The dollar edged lower after investors reacted negatively to an international bailout package for Cyprus that raised concerns about fresh upheaval in the eurozone. The eurozone has taken the unprecedented step of proposing a new levy on ...
Tags: Dollar, eurozone, risk assets
February retail sales exceeded expectations, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that February retail sales at $421.4 billion were up 1.1 ...
Tags: retail sales, sales, promising signs
The sharemarket fell sharply yesterday as iron ore prices declined and strong jobs news cooled hopes of interest rate cuts. Employment jumped by 71,500 places last month, the Australian Bureau of Statistics said. Economists had expected a ...
Tags: sharemarket, iron ore prices, iron ore