The U.S. economy added 224000 jobs in June, returning to a robust hiring pace after a weak May. The unemployment rate rose to 3.7 %

By guest author Ben Casselman, a writer on economics at the New York Times. He previously worked at the Wall Street Journal. Hiring was robust after a weak May, suggesting that the economy is stronger than what some analysts had feared. Employers added 224000 jobs in June, the Labour Department reported on Friday. Economists had … More The U.S. economy added 224000 jobs in June, returning to a robust hiring pace after a weak May. The unemployment rate rose to 3.7 %

Covestro pushes forward with the digitalisation of processes

In focus: added value for customers / More efficient processes through computer simulation / New formula finder for viscoelastic foams Digitalization is one of the most important drivers of growth in the chemical and plastics industry. Covestro [http://www.covestro.com/] hopes to take advantage of resulting opportunities with a comprehensive strategic program. The central focus of the … More Covestro pushes forward with the digitalisation of processes

Nike nixes ‘Betsy Ross Flag’ Sneaker after Colin Kaepernick intervenes

Sneaker maker pulls Independence Day-themed shoe after NFL star raised concerns about symbolism By guest authors Khadeeja Safdar and Andrew Beaton from Wall Street Journal Nike Inc. is yanking a U.S.A.-themed sneaker featuring an early American flag after NFL star-turned-activist Colin Kaepernick told the company it shouldn’t sell a shoe with a symbol that he … More Nike nixes ‘Betsy Ross Flag’ Sneaker after Colin Kaepernick intervenes

China’s textile industry in doldrums as demand products decline

The Sino-US trade war has dealt a heavy blow to the Chinese economy which is on a continuous decline. The textile and garment industry is also facing rough weathers due to the closure of several production units across the country. As official statistics by China Customs reveal, China’s total import and export value in the … More China’s textile industry in doldrums as demand products decline