NY cotton ends up, Greek debt plan lifts many marts
Most U.S. cotton futures settled higher on Tuesday, rallying with other commodities, especially crude oil, and the euro as investors found relief from European officials' agreement to a...
Industry
Zimbabwe's new fees will cripple mines -industry
Zimbabwe's new mine licence fees and resource rentals will significantly raise the cost of mining and threaten the sector's viability, with as much as 60 percent of mining revenues going...
Record gap between highest and lowest UK shop rents
The gap between shop rents in Britain's swankiest and humblest locations is wider than ever, as wealthy international shoppers turn a national north-south divide into a chasm between the...
Anglo American dashes special dividend hopes
Global miner Anglo American dashed hopes that it would use cash generated in South Africa to offer a special dividend, instead sweetening its regular payout on the back of a 14 percent...
China to surpass India as top gold buyer
China is set to overtake India as the world's largest gold buyer this year as demand for the metal for jewellery and as a safe-haven investment surges, the World Gold Council said...
Clariant prepares for sluggish start to 2012
Clariant is bracing for a sluggish start to the year, the Swiss specialty chemicals maker said on Wednesday when it posted a sharper-than-expected drop in fourth-quarter profit.
Turkey: 60 billion dollars in textile exports by 2023
Turkish exporters have submitted their development agenda several days ago. Their plan aims to bring domestic textile and clothing export annual revenues up to $60 million by 2023. The...
Euratex supports ACTA
The European textile and apparel organisation strongly believes that the European Parliament should vote in favour of the Anti Counterfeiting Agreement ACTA.
Lectra strengthens its presence in India
As part of its strategy of strengthening its presence in India, the producer of technology solutions for industries using soft materials will be opening two new offices and a call centre...
WTO approves duty free access of 75 Pakistani products to European markets
Following the floods that hit Pakistan in 2010, the EU proposed a duty waiver for 75 products from Pakistan. The World Trade Organisation (WTO) has just given its approval to the proposal.
WTO okays EU trade help for Pakistan
A World Trade Organisation committee meeting on Wednesday approved a European Union waiver on duties for 75 products from Pakistan, a scheme intended to boost textile exports to help...
Sourcing clause could deter foreign retailers in India
Local-sourcing requirements could deter foreign retailers from taking advantage of new rules allowing them to take full ownership of their operations in India, and many potential...
India opens retail sector to foreign brands
India's government has allowed foreign brands such as Adidas or home furnishings giant Ikea to open 100-percent owned shops, but will continue to block the entry of supermarkets.
Invista splits its time between East and West
The fiber and polymer manufacturer is restructuring its business activity. The Lycra owner will split its spandex business between the East (South Asia and Asia-Paficique) and West (which...
La Nina - herald of drought - may linger into spring
In the United States, an extended dry period could cause problems for farmers from the Carolinas to Kansas planning for sowing cotton in the spring, anlaysts said, particularly in top...