American Packaging has broken ground on a new 350,000ft2 manufacturing facility in Monroe County, New York. The company is investing around $170m to develop the facility, which will allow to create up to 260 permanent jobs, in addition to ...
Tags: Packaging, packaging converter
OFD Foods, a supplier of freeze-dried food for the US Military, will expand its operations in New York State with a new $25m manufacturing plant in Monroe County. The company has selected Henrietta in Monroe County to build a new ...
Tags: OFD Foods, freeze-dried food
China collected 8.97 trillion yuan (1.33 trillion U.S. dollars) in taxes from January to September, up 7 percent year on year, the State Administration of Taxation (SAT) said Thursday. The tax revenue growth in the first nine months this ...
Tags: tax revenue, taxes
The Chinese transport sector is poised to attract 2.6 trillion yuan ($425 billion) of investment for this year as authorities strive to accelerate infrastructure construction. "The transport sector showed signs of improvement in the first ...
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
President Xi Jinping unveiled his thinking about the Chinese economy, saying the world's second largest economy is seeing a "new normal" emerging. China's 2014 economic growth edged down to a 24-year low of 7.4% from 7.7% in 2013, ...
Tags: China's Economy, economic growth
The United States is set to become an even more dominant market for the diamond industry in 2015. In a reversal of trends that have characterized the industry in the past few years, there has been a shift back from east to west as industry ...
Tags: Diamond Market, diamond industry
Activity in China's vast factory sector expanded at the fastest pace in 27 months in July on stronger demand, a government survey showed, adding to evidence that the economy is regaining momentum after a burst of government stimulus ...
The IATA reports that growth in air freight markets moderated in February, rising 2.9% compared to a year ago, down on the 4.3% increase in January. But combining the first two months of the year shows there has been a solid 3.6% gain in ...
Tags: Air Freight, Service
In the backdrop of a weak economic scenario in Europe, German menswear fashion company Ahelrs AG has posted lower-than-expected preliminary unaudited sales and profit numbers for full year 2012-13. The company, which is one of the ...
Tags: menswear, domestic consumption
Improving working conditions in Bangladesh's ready-made garment (RMG) industry is crucial for achieving sustainable growth in the country, says a new report Bangladesh: Seeking better employment conditions for better socioeconomic outcomes, ...
Tags: Sustainable Growth, Bangladesh, RMG
World GDP growth stabilized during the first quarter of 2013 at a moderate rate. In particular, in the advanced economies the situation improved with financial stress being further reduced and stock prices rising. The acceleration of ...
Tags: GDP growth, financial stress, Euro Area, emerging economies
When Hannover Messe 2013 opens its gates on 8 April, it will do so with more exhibitors and an unprecedented level of international participation. Over 50 percent of the companies represented at the fair are based outside Germany. This ...
The sharemarket ended the year on a sour note, falling for the first time in four days as the continuing US fiscal policy impasse weighed on market sentiment. However, the sell-off was limited by improved manufacturing data from China and ...
Tags: Local Stocks, Fears, US, Fiscal Impasse
Reuters reported that London copper rallied to its highest in six weeks as promising manufacturing data from top consumer China fuelled a cautious return in investors' appetite for the metal although worries over US fiscal woes kept a lid ...
Tags: scrap metal price, iron ore price news, copper market, copper scrap