Italian TextileMachinery 3rd Quarter remains positive for New Orders

The index of orders intake for Italian textile machines, as compiled by ACIMIT, the association that groups together Italian textile machinery producers, rose by 66 % for the period from July to September 2021 compared to the same period in 2020. The value of the index stood at 119.8 points (basis 2015=100). This growth has … More Italian TextileMachinery 3rd Quarter remains positive for New Orders

Alibaba 2021 11.11 Global Shopping Festival delivers Steady Growth

Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988) successfully concluded its 13th annual 11.11 Global Shopping Festival (“11.11”), which generated RMB540.3 billion (USD 84.54 billion) in gross merchandise volume (GMV) during the 11-day campaign. “This 11.11 Global Shopping Festival, we delivered steady and quality growth that is a reflection of the dynamic Chinese consumption economy. … More Alibaba 2021 11.11 Global Shopping Festival delivers Steady Growth

The future of everything: What’s Next for Transportation

In the latest issue, The Future of Everything explores what’s ahead for transportation, from solar-powered vehicles to 3-D-printed bridges and the (almost) car-free city. By guest authors from the Wall Street Staff.   The Future of Everything covers the innovation and technology transforming the way we live, work and play, with monthly issues on education, … More The future of everything: What’s Next for Transportation

EU Commission approves EUR 208 million German federal ‘umbrella’ scheme to compensate companies active in trade fairs and congress sector for damage suffered due to the coronavirus outbreak

The European Commission has approved, under EU State aid rules, a EUR 208 million German federal umbrella scheme to compensate companies active in the trade fairs and congress sector for damages suffered due to the coronavirus outbreak. It follows another similar German scheme that the Commission approved in January 2021 (SA.59173). The scheme will be … More EU Commission approves EUR 208 million German federal ‘umbrella’ scheme to compensate companies active in trade fairs and congress sector for damage suffered due to the coronavirus outbreak

ECOFIN Council approve 2021 conclusions on EU statistics

The Economic and Financial Affairs Council (ECOFIN) has approved the 2021 conclusions on EU statistics during the ECOFIN Council meeting on 9 November. The Ministers reviewed the progress related to information requirements in the economic and monetary union (EMU), statistics for the excessive deficit procedure (EDP) and surveillance of macroeconomic imbalance, and structural statistics. It … More ECOFIN Council approve 2021 conclusions on EU statistics