US Ambassador to Bangladesh Earl R Miller on Wednesday said Bangladesh is one of the United States' most valued partners and one of the great development success stories in the world. "I'm proud of what our two countries are achieving together," he said adding that two-way trade...
In the fourth quarter of fiscal 2019, the revenue of Nike improved to $10.2 billion, up 4 per cent on a reported basis and up 10 per cent on a currency-neutral basis. Full year revenue rose to $39.1 billion, up 7 per cent on a reported basis,...
Transform Holdco, a leading retailer, has entered into new strategic supply chain partnerships with Li & Fung and Triburg. The associations will provide the company's apparel business unit with innovative global sourcing practices that are expected to result in reduced lead times and greater efficiencies for bringing...
Global cotton production in 2019-20 is forecast to rise 5 per cent (nearly 6.5 million bales) above the previous year to 125.3 million bales, according to the US department of agriculture (USDA). This would be the second largest crop on record after 127.2 million bales produced 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...
Sports Company Puma has committed for a 35 per cent reduction of its greenhouse gas emissions by 2030, a target which was approved by the Science Based Target initiative (SBTi). Reducing greenhouse gas emissions sufficiently to meet the goals of the Paris Agreement, Puma aims to limit...
In this file photo taken on 9 November 2017, US president Donald Trump (L) shakes hand with China`s Xi Jinping in Beijing. Photo: AFPChina's Xi Jinping landed in Osaka Thursday ahead of what promises to be a stormy G20 meeting over trade, as US president Donald Trump...
A Texas jury ruled Wednesday that Chinese technology giant Huawei stole trade secrets from a Silicon Valley startup, but jurors declined to levy damages, saying Huawei didn't benefit from the theft. The jury in US District Court in Sherman, Texas, also rejected Huawei's claims that Cnex Labs...
Global cotton production in 2019-20 is forecast to rise 5 per cent (nearly 6.5 million bales) above the previous year to 125.3 million bales, according to the US department of agriculture (USDA). This would be the second largest crop on record after 127.2 million bales produced in...
Australian prime minister Scott Morrison on Wednesday warned that "collateral damage" from trade spats between China and the United States were hurting smaller countries and threatening the global economy. In an usually public warning to allies in Washington, Morrison said the "world's most important bilateral relationship --...