December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
U.S. online retail sales for the Christmas season, from November 1 to December 31, rose 15 percent year on year to $53.3 billion, according to comScore Inc. Cyber Monday, December 1, ranked as the heaviest online spending day of the year ...
Apparel marketer and NYSE listed Ennis, Inc reported a 7.6 per cent year on year hike in sales for the three months ended November 30, 2014. Third quarter of 2014 sales totaled $147.0 million, up 7.6 per cent from a year earlier quarter. ...
Tags: pricing pressures, apparel division, Apparel
Ecommerce, which created a buzz in the Indian retail market last year, is likely to further grow in 2015, given the growing number of Internet users in the country, which is already estimated to have touched 250 million. Although ...
Tags: retail market, e-retail space, Apparel
Cotton from Nigeria is sold at lower prices in the international market, compared to the price of cotton from Burkina Faso, China, and India, BusinessDay reported. The price of Nigerian cotton is less as Nigeria does not produce ...
In what may mark an end of high-quality extra long staple cotton, the Egyptian Government has decided to stop paying subsidy of 350 Egyptian pounds per qintar (160 kg) of cotton to producers, from the next agricultural season. Last ...
Tags: Cotton Production, raw materials, Textile
Oil closed up on Wednesday for the first time in five days as traders took stock of the market's rout after crude prices lost nearly 10 percent over two days and benchmark Brent fell to below $50 a barrel. A decline in Brent crude futures ...
Tags: Crude Oil, crude futures
The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, prompting economists to sharply raise their growth estimates for fourth-quarter growth. Yet big moves also create the ...
Tags: Trade Deficit, America economy
Things are looking up for HTC. The troubled smartphone maker has just announced its first sales growth in three years. Sales in the fourth quarter of 2014 hit NT$47.9 billion (£990 million), which is up from NT$42.9 billion in the ...
Tags: HTC, CES, Consumer Electronics
The consumer public has put out the call, and the hog industry is responding in a big way at the start of what's likely to be a year of major growth for the U.S. hog herd. New data show the breeding herd has climbed by 4%, with the number ...
Tags: hog industry, Agriculture
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
The International Cotton Advisory Committee (ICAC) anticipates that, despite expected growth in cotton consumption this season, a world production surplus of 1.7 million tons is still expected. This, according to ICAC, will bring 2014/15 ...
Tags: cotton consumption, Textile
Amazon, world’s leading online retailers, has announced that sellers on the website have sold a record-setting more than 2 billion items worldwide in 2014. A large number of sellers on Amazon have adopted the Fulfillment by Amazon ...
Tags: cross-border trade, easy returns, award-winning Amazon customer service
India-based Amul is planning to invest around INR50bn ($786.8m) in a move to ramp up its production capabilities. The proposed investment is anticipated to increase the company's capabilities by more than a third over the next three ...
Tags: milk, Agriculture