19
Dec
Nov US industrial production down 0.1%, manufacturing output up 0.2%
US industrial production moved down by 0.1 per cent in November after falling by 0.4 per cent in October.
Manufacturing output rose by ...
Blog
19
Dec
Chinese company to invest $30 mn for textile project in Egypt
Chinese company Kelida invests $30 million in a textiles project with Suez Canal Economic Zone (SCZONE).
It will export 90 per cent of ...
19
Dec
ICE cotton struggles against rising dollar, falling soybean market
ICE cotton prices continued their downward trend for the fourth consecutive session, influenced by declining soybean futures and a stro...
19
Dec
Noticeable slowdown in Turkish inflation to continue in 2025: Minister
Turkish finance minister Mehmet Simsek has said a noticeable slowdown in inflation has started in many areas and the trend will continu...
19
Dec
India’s Birla Cellulose earns top ranking in Hot Button Report
Birla Cellulose, Aditya Birla Group's MMCF business, has topped Canopy’s 2024 Hot Button Report for sustainable wood sourcing, earning ...
19
Dec
US Fed cuts key interest rate by 0.25%; unemployment rate remains low
The US Federal Reserve (Fed) yesterday cut interest rates by 0.25 per cent and indicated a slower pace of cuts in the future.
The econo...
19
Dec
GAO urges US govt agencies to collaborate on textile waste management
The US Government Accountability Office (GAO) has found that efforts by most federal entities to reduce textile waste and promote texti...
19
Dec
Nov 2024 US container imports show softer seasonal decline: Descartes
For the first time in four months, US container imports in November dipped below 2.4 million TEUs—a threshold that has historically str...
19
Dec
ZEW Indicator shows improved economic sentiment for Germany
The ZEW Indicator of Economic Sentiment for Germany rose to 15.7 points in December 2024, up 8.3 points from the previous month, reflec...
19
Dec
EU Commission clears Italian aid for renewable electricity production
The European Commission has approved a $10.18-billion Italian scheme under the State aid Temporary Crisis and Transition Framework to s...