Traveling with an entourage of 200 American business executives, President Obama’s trip to Asia has, to a large extent, become an effort to create jobs in the U.S. But reaching new agreements won’t be easy — at home or abroad….
Looking good isn’t going to get any cheaper.
Clothing makers plan to raise prices in 2011 as they struggle to absorb the impact of soaring cotton costs, The Wall Street Journal reported. It cites companies including Hanesbrands, Jones Group and VF as planing to raise prices by as much as 10%.
Cotton prices began to climb about a year ago. At first, retailers and manufacturers held…
Continue reading Clothing to Get More Expensive in 2011 as Cotton Prices Rise
Clothing to Get More Expensive in 2011 as Cotton Prices Rise originally appeared on DailyFinance on Wed, 03 Nov 2010 08:14:00.
Filed Under: Company News, Green, Retail, Market News
Sweet could get expensive. Raw sugar prices may rise to the highest in more than 30 years by March if dry weather hits the Brazilian sugar crop, broker Newedge USA told Bloomberg News.
Continue reading Sugar Pr…
Manufacturing output jumped in China and India in October, breaking with the rest of Asia.
China’s official Purchasing Managers Index gained to 54.7 in October, from 53.8 a month earlier, The Wall Street Journal said. A reading above 50 signals expansion and a reading under 50 means output contracted.
A Chinese PMI produced by HSBC (HBC) was 54.8, up from 52.9 a month earlier.
“If…
Continue reading China, India Report Manufacturing Growth
China, India Report Manufacturing Growth originally appeared on DailyFinance on Mon, 01 Nov 2010 07:39:00.
Filed Under: Technology, Economy, Market News
Wal-Mart Stores (WMT) CEO Michael Duke said he is “optimistic” that foreign companies will be allowed to invest in the Indian retail sector.
Wal-Mart is hoping that India’s government will loosen restrictions on foreign investment after the trade min…