Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
Retail sales showed positive momentum to varying degrees in May, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that May retail sales at $421.1 ...
The percentage of IT employees interested in getting a new job is rising, even as they lose confidence in the economic outlook, new survey data shows. Randstad Technologies, a staffing and recruiting firm, found that 46% of technology ...
Tags: Computer Products, IT, job
New Look announces full year results for the 53 weeks to 30th March 2013.New Look EBITDA jumps 29% driven by successful turnaround and 50% increase in online sales. Financial Highlights - Group Sales +2.5% to £1.48bn Group ...
Tags: Apparel, Look Group
EATP (the European Association for Textile Polyolefins), in close collaboration with CIRFS, the European Man-made Fibres Association, held its annual Executive Seminar in Brussels on May 28. Textile polyolefins are a major sector of ...
The global economy is moving forward, but divergence between countries and regions reflects the uneven progress made toward recovery from the economic crisis, according to the OECD's latest Economic Outlook. The OECD indicated that ...
After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
Global 2013/14 cotton mill use is forecast at 110.4 million bales, up 2 percent from 2012/13, reflecting a favorable world economic outlook. The World Economic Outlook of the International Monetary Fund (IMF) forecasts global economic ...
Tags: Cotton Consumption, Textile
Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently announced that through a partnership with Export to China (ETCN) it is the first company to make Chinese trade data accessible in ...
The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain
In terms of the global economy, the alarm bells have stopped ringing. According to Cliff Waldman, senior economist for the Manufacturers Alliance for Productivity and Innovation (MAPI), that’s one of the key takeaways from the U.S. ...
The Ifo World Economic Climate Indicator continued to rise, even if only slightly. Both assessments of the current economic situation and the six-month economic outlook improved slightly compared to the previous quarter. There are a growing ...
Tags: IFO World Economic, Economic
The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
While retail sales were up in April, the growth rate was less than impressive based on data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that April retail sales at ...
Tags: Processing Machinery, Commerce, NRF
The sharemarket suffered its biggest fall for four weeks yesterday as resources companies sank in response to ongoing questions about the global economic outlook and fear that the collapse in gold prices could force some funds to sell ...
Tags: Miners, Global Outlook