Central banks boost gold demand amid geopolitical worries- WGC

Global demand increased by seven percent to 1,053.3 tonnes in the first quarter compared to a year earlier, the WGC said in a quarterly report on the precious metal.Purchases by…

East African nations approve individual trade pacts with EU if joint deal not reached

The East African Community (EAC) and the EU have been at loggerheads for years over signing the so-called Economic Partnership Agreement (EPA), designed to replace preferential trade deals struck down…

Cartier develops its program dedicated to female entrepreneurship

“Women entrepreneurs drive economic growth and social and environmental impact but are still facing staggering barriers. Via the Cartier Women’s Initiative, we hope to drive change by empowering women impact…

Hurricanes Harvey, Irma sink U.S. payrolls in September

The Labour Department said on Friday non farm payrolls decreased by 33,000 jobs last month amid a record drop in employment in the leisure and hospitality sector.The decline in payrolls…

Monks and nuns make big soap business in France

The community of Benedictine sisters has been manufacturing cosmetics since 1954, after two sisters, a chemist and a mathematician, began the practice.Body lotions, shower gels and moisturisers are among the…

Ebay declares 2018 the year of Virgil Abloh, logos and the Markle Effect

 Ebay’s 2018 Shopping Report gives particular attention to Abloh’s sneakers for his Off-White brand, of which 38,500 were sold on the platform this year, equating to five pairs an hour…

Trade war, Brexit could slow developing Asia’s 2019, 2020 growth – ADB

Developing Asia, which groups 45 countries in the Asia-Pacific region, is expected to grow 5.7 this year, the ADB said in its Asian Development Outlook report, slowing from a projected…

Trevira CS joint booth withdraws from Heimtextil 2021

 “Messe Frankfurt has shown us its comprehensive hygiene concept and plans and there is no question that their plans fully meet health and safety requirements,” Trevira CEO Klaus Holz, said.…

US textile and apparel imports up 30%+ in first half

Apparel made up the bulk of textiles and garments imported by the US in January-June 2022, and were valued at $49.578 billion, while non-apparel imports accounted for $16.729 billion, according…