OECD unemployment rate back to pre-crisis level in October 2017

The OECD unemployment rate fell by 0.1 percentage point in October 2017, to 5.6%, returning to    its April 2008 pre-crisis rate. However, at 35.1 million, the total number of unemployed remains 2.5 million above April 2008 levels. Within the Euro Area, the unemployment rate decreased by 0.1 percentage point, to 8.8 % in October, with … More OECD unemployment rate back to pre-crisis level in October 2017

The Faction Collective releases new Prime Series Ski Collection reinforced by TeXtreme®

Swiss-based Faction Skis has teamed with world-renowned freeride skier and mountaineer Sam Anthamatten to create a new Prime Series ski collection reinforced with TeXtreme® technology. The Prime Series is the result of decades of material testing and innovations to create a true high performance, lightweight, big mountain ski Faction and Anthamatten set out to create … More The Faction Collective releases new Prime Series Ski Collection reinforced by TeXtreme®

New way to form bioactive spider silk for medical use

With recent advances, researchers can synthesize silk with mechanical properties similar to those of an actual spider’s silk. But applying this material to promising medical therapies for illnesses such as cancer requires that humans develop a capability that only arachnids or silkworms possess – the ability to control the formation of silk. A technique reported … More New way to form bioactive spider silk for medical use

Changing the channels landscape to satisfy Japanese luxury consumers’ appetite for novelty

Japan is known for worldwide most demanding and choosy customer. We are happy to present to you the newest report on what’s shifting in the world’s second-largest luxury market? To keep up, brands will need to confront challenges and explore new strategies. The guest authors of this feature are Jean-Baptiste Coumau, a partner in McKinsey’s … More Changing the channels landscape to satisfy Japanese luxury consumers’ appetite for novelty

U.S. Wage Growth Slows In November, up 1.2 % year over year

According to job site Glassdoor, the annual median base pay in the United States grew 1.2 % year over year (YOY) in November 2017 to USD 51,059. The Glassdoor Local Pay Reports show pay growth ticked down from a revised 1.5 % growth last month. Pay growth peaked in January 2017 at a revised 3.5 % … More U.S. Wage Growth Slows In November, up 1.2 % year over year

Italian Textile Machinery – Opening of new Technology Training Centre in Vietnam

On November 29, 2017 the Italian training centre for textile machinery opened in Ho Chi Minh City (Vietnam), at the Ho Chi Minh City University of Technology (HCMUT). ACIMIT president Alessandro Zucchi commented, “The training centre provides a further opportunity to consolidate the presence of Italy’s textile machinery sector in this emerging market.” Following the … More Italian Textile Machinery – Opening of new Technology Training Centre in Vietnam