The Eurozone manufacturing downturn eased for the first time in four months in May. Moreover, all sub indices from the latest survey improved on the earlier flash estimates except suppliers’ delivery times. At a 15-month high of ...
Tags: Manufacturing, May, Eurozone
In a major boost to the Bangladesh readymade garment sector, Finance Minister Abul Maal Abdul Muhith has announced reduction of supplementary duty (SD) on import of woven fabrics to 20 percent, in 2013-14 Budget. Presenting the Budget ...
Tags: Fabrics, Textile, Bangladesh
Last week, Latin American neighbours Panama and Colombia concluded negotiations for a free trade agreement (FTA), after seven rounds of negotiations, which began in 2010. The negotiations concluded after the Colombian Government made ...
Tags: Apparel Exports, FTA
Due to the decline in exports and investment decreases, Russia's economic growth will slow than expected in 2013. On Thursday (April 11), Russia's economy vice minister, Andrej Klepatsch said, Russia's gross domestic product (GDP) this year ...
U.S. economic growth will be somewhat restrained, but not deterred, and improving fundamentals provide reason for optimism by the end of 2013 and through 2014, according to a new forecast. The Manufacturers Alliance for Productivity and ...
Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c
Solvay announces that it plans to reinforce its position as a world leader in soda ash and improve the activity's long-term profitability by reducing its 2012 European cost base by €100 million per year as of 2016. Solvay will focus ...
According to the ACARA, Argentina's new car sales in 89644 vehicles in May-2013, and 76389 vehicles in May-2012, Up 17% from a year earlier. The association also said that between January and May 2013 new car sales in Argentina ...
Tags: Car, Transportation, vehicles
According to a report from Energy Research Associates Wood Mackenzie, China's coal consumption is expected to double in 2030, reaching 7 billion tons per year, though China has taken measures to control coal consumption. The report says ...
Tags: Coal Consumption, Energy
The Australian dollar is almost half a US cent lower after global investors reacted to yesterday' s interest rate decision. At 7am AEST the currency was trading at 96.50 US cents, down from 96.93 cents at yesterday’s local close. ...
Tags: RBA Statement, Australian Dollar
The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
Peruvian small and medium enterprises (SMEs), including the clothing sector, would benefit due to the implementation of the free trade agreement (FTA) between Peru and Costa Rica, which came into effect from June 1, 2013, according to ...
Tags: Apparel
With the cycle in rules changes affecting equipment and uniforms in something of a lull, the SFIA’s annual meeting with the NCAA and the NFHS rule making bodies focused on how technology can be used to enhance play and, more ...
Tags: Rule Makers, Sporting Goods
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
The Australian dollar is slightly lower after the release of weaker than expected US economic data. At 7am AEST, the local unit was trading at US96.63c, down from US96.73c yesterday. Since 5pm AEST yesterday, the Aussie traded between ...
Tags: Australian Dollar, GDP Report