Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017

Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017 Real GDP growth in the OECD area slowed marginally to 0.7 % in the third quarter of 2017, compared with 0.8 % in the previous quarter, according to provisional estimates, as contributions from private consumption (0.3 percentage point, compared … More Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017

November 2017 compared with October 2017 – Industrial production up by 1.0% in Euro area and 0.9 % in EU28

In November 2017 compared with October 2017, seasonally adjusted industrial production rose by 1.0 % in the euro area (EA19) and by 0.9 % in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2017, industrial production rose by 0.4 % in the euro area and by 0.5 … More November 2017 compared with October 2017 – Industrial production up by 1.0% in Euro area and 0.9 % in EU28

Italian Textile Machinery is a major player at Techtextil Russia

ACIMIT, the Association of Italian Textile Machinery Manufacturers, and the Italian Trade Agency for the promotion and internationalization of Italian businesses abroad, will be organizing an exhibition space at the upcoming edition of Techtextil Russia, the specialized trade fair dedicated to technical textiles and nonwovens, slated to be held in Moscow from 20 to 23 … More Italian Textile Machinery is a major player at Techtextil Russia

Kenya to benefit as China, Brazil and Turkey are in talks for textile hubs

Firms from China, Turkey and Brazil are at various stages of discussion with the Kenyan government to roll out investments to set up value addition hubs in the cotton industry, according to the Kenyan agriculture ministry. Members of the Kenya Chinese Chamber of Commerce are, for instance, expected to set up textile factories to boost … More Kenya to benefit as China, Brazil and Turkey are in talks for textile hubs

Miami paves way for Apparel Textile Sourcing show

The Apparel Textile Sourcing Miami (ATS-M) trade show– a one-of-a-kind event– expands to Miami in May. The event will bring to Florida hundreds of international apparel and textile manufacturers from China, India, Bangladesh, the U.S., Turkey, Pakistan, Mexico and many other countries and territories from across Central and South America and all around the globe … More Miami paves way for Apparel Textile Sourcing show

Sears closing 103 more stores, including Orland Square

Three Sears and three Kmart stores in Illinois will close this spring in Sears Holdings Corp.’s latest round of cuts. he Sears store anchoring Orland Square Mall in Orland Park, as well as stores in Bourbonnais and Marion, and Kmart stores in West Frankfort, Mount Vernon and Rockford are among 64 Kmart and 39 Sears … More Sears closing 103 more stores, including Orland Square