A resolute European Union sought on Friday to turn the page on Brexit and move on to negotiating a looser, less favourable trading relationship with its departing British partner. Chief EU negotiator Michel Barnier will present his draft negotiating directives to the media on Monday as Brussels...
The European Union would challenge the China-US trade agreement at the World Trade Organisation if it creates ‘distortions’ in the market that harm EU companies, the bloc’s envoy to Beijing said on Friday. Ambassador Nicolas Chapuis told reporters the 28-nation EU ‘will monitor the implementation’ of the...
Growth in lending to the eurozone’s private sector slowed in November, the first month after the European Central Bank re-launched its controversial bond-buying scheme, data from the Frankfurt institution showed on Friday. Credit grew by 3.6 per cent year-on-year in November, a pace 0.1 percentage points...
EU antitrust regulators were investigating Google’s collection of data, the European Commission told Reuters on Saturday, suggesting the world’s most popular internet search engine remained in its sights despite record fines in recent years. Competition enforcers on both sides of the Atlantic are now looking into how...
British retailers reported that their sales fell at the gentlest pace in six months in October but uncertainty about Brexit contributed to the highest stock levels on record, an industry survey showed. The Confederation of British Industry said on Monday its monthly index of reported sales rose...
A 2019-20 action plan to implement the memorandum of understanding (MoU) between the Belarusian state light industry concern Bellegprom and Uztekstilprom Association was agreed to during the recent Global Textile Days-Tashkent 2019 event. The plan stipulates measures to invigorate cooperation in textile, apparel and knitwear enterprises between...
Germany is going to provide 200 million euros, or Tk 1,846.6 crore, to Bangladesh to implement a number of development projects, the Economic Relations Division (ERD) said in a statement. Of the fund, 172 million euros will be provided as economic cooperation and 28 million euros as...
Vietnam’s export revenue during January-June this year totalled nearly $18 billion, up 8.61 per cent over the figure during the same period last year, according to the ministry of industry and trade. Of the total, shipments to the United States were worth over $11.7 billion, followed by...
Russia remains the primary consumer of Uzbek textile items, according to the Uzbek state statistics committee. During January-May 2019, more than 38 per cent of Uzbek textile exports worth $250.2 million were shipped there. Exports of Uzbek textiles to China more than doubled from $90.9 million in...
Eurecat, the industrial technology provider of Catalonia that offers business services applied R&D, technology services, and technology consulting, showed its new Blackbelt 3D textile printer at the recently held 18th edition of ITMA 2019 exhibition. ITMA is the trendsetting textile and garment technology platform for effective solutions...