Columbia Sportswear Company has announced the appointment of Francois Guillon as its new senior vice president, omni planning and fulfilment.Guillon will report directly to the...

Major South Korean businesses say they are being hit hard as a strike by thousands of lorry drivers across the country is in its seventh...

The weakening Indian rupee has become a headache for Harsh Shah, who owns a company in India that imports and sells kitchenware.Mr Shah is watching...

Recover, a developer in recycled cotton fibre, has announced that it has closed a new 100 million dollar minority equity capital investment led by Goldman...

In its biannual Style Report, the High Point Market Authority tells 20 style stories around the product introductions at the spring 2022 High Point Market.The...

The real estate sector, which is highly dependent on bank financing for both builders and customers, is worried that rising rates will impact post-pandemic recovery...

Technical outdoor sock producer Lorpen continues to take steps in terms of sustainability, without losing the technicality that characterizes it. This was made known to...

Renewable Energy Group Inc. (REG), a bio-based diesel producer in North America, announced the introduction of a line of branded fuel solutions, EnDura Fuels. This...

Co-founder and chief executive of Attero Recycling, Nitin Gupta, believes that the opportunity in India to recycle lithium-ion batteries, used in electric vehicles, will be...

Software makers that have been battered amid this year’s stock slump were dealt another blow this week when Microsoft gave a warning of even more...

Tilly’s, Inc. first quarter net sales were 145.8 million dollars, a decrease of 17.4 million dollars or 10.7 percent. Total comparable net sales, including both...

The first wave of FinTechs in the Middle East and North Africa (Mena) region has evolved along expected lines — copying models from more developed...

Normally, higher prices are good for producers. In the case of wheat, uncertainty over access to Europe’s breadbasket is just creating a cloudy future.Russia’s invasion...

Discounted furniture is not necessarily hard to come by — Wayfair, Nordstrom Rack, Saatva, and more home goods hubs love some good ol' fashion price...

Several dozen businesses and organizations are asking state government leaders to take advantage of an increase in federal funds by investing in energy efficiency programs.In...

Elevated agriculture prices fuelled by robust demand and tight supply are helping some companies fight surging input costs, but not all businesses are proving capable...

Guess?, Inc., for its first quarter ended April 30, 2022 reported GAAP net earnings of 8 million dollars, a 33.6 percent decrease from 12 million...

Apple is planning to expand its Cork campus in Ireland with the construction of a new building to accommodate about 1,300 workers, it has been...

The US Cotton Trust Protocol has announced a new milestone for the 2021/22 crop, doubling the programme’s participation since its pilot last year.The initiative is...

Siemens Energy (ENR1n.DE) on Saturday launched a 4.05 billion euro ($4.28 billion) bid for minority holdings in struggling wind turbine unit Siemens Gamesa (SGREN.MC), hoping...

As fashion evolves each year, a new power dynamic is coming into play more than ever. A study by Business of Fashion revealed that women...

McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between...

Tractian, a startup developing a product to monitor the status of machines and electrical infrastructure, today announced that it closed a $15 million Series A...

China's Tencent Music Entertainment posted a 15 per cent slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide surge on Tuesday...

Amr Talaat, Minister of Communications and Information Technology, received Ricardo De Sa Earp, the Executive Vice President of STMicroelectronics, a world leader in electronics and...

Denim textile manufacturer Isko has announced the opening of its first product development centre in the UK.It comes as part of the firm’s Creative Room...

Companies are increasingly becoming interested in regenerative agriculture to meet growing consumer demand for agricultural goods that advance environmental, climate and social justice goals, but...

Interior Define, the rapidly growing direct-to-consumer furniture brand continues to expand both its product offering and its consumer touchpoints. The newest additions to the company’s...

For the first quarter ended March 31, 2022, ThredUp Inc. reported total revenue of 72.7 million dollars, an increase of 31 percent year-over-year.For the second...

Cosmetics company The Body Shop has announced a new initiative that will see young people brought into its boardroom to aid in decision-making processes.The Youth...

Indonesia reported a 206.25 per cent increase of foreign visitor arrivals through its main airports and seaports in March as the country gradually relaxed pandemic...

German online takeaway food company Delivery Hero said on Thursday it was on track to generate a positive adjusted core profit for its food delivery...

Poland has said it "will manage" after what it says are Russian threats to cut gas supplies to the country.Poland and Bulgaria said Russian energy...

On 16 April, with the theme of "Fight against Pandemic, Care for Each Other", the second trade promotion activity of "Discover Canton Fair with Bee...

Finnish lifestyle brand Marimekko has revealed it has been working with recycling service Rester Oy on creating textile fibres from its end-of-life materials.Based in Paimio,...

Deputy Commissioner Islamabad, Irfan Nawaz Memon here on Saturday visited different markets and Ramazan bazaars to ensure the availability of flour and sugar to consumers...

Digital fashion company The Dematerialised is offering to swap physical clothing for digital fashion in a bid to lure more shoppers to Web3 and encourage...

Bedding manufacturers showing at the spring market reported mix results, with a few touting it as among the best ever and others indicating that the...

The largest multinational chemical production company, BASF, has announced that its e3 sustainable cotton program will co-host a series of roundtable events as a part...

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group based in Yokohama, has completed a conceptual study for the design of an “Ammonia/Liquefied CO2...

Oil prices rose on Monday amid growing supply concerns as Libya halted production from one of its fields and the worsening Russia-Ukraine conflict increased the...

Textile and clothing exports grew 25.43 per cent year-on-year to $14.24 billion in the first nine months of this fiscal year, mainly on the back...

Chinese automakers warned they may have to put the brakes on production if strict COVID-19 curbs in Shanghai persist, with a top Huawei executive also...

U.S. Sen. Amy Klobuchar, D-Minn., and John Thune, S.D., are moving a bill in the Senate, designed to pressure international ocean freight companies to fill...

Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said on...

Business activity in Dubai's non-oil private sector economy surged in March to the strongest level in 33 months, as new orders rose amid easing pandemic...

HITACHI Construction Machinery (Europe) NV (HCME) have appointed Mobile Heavy Machinery Ltd (MHM) – part of the Alwark Group – as their authorized dealer in...

Designer Brands Inc. expects to reach a revenue target of 4 billion dollars by fiscal 2026.The company said in a release that it anticipates achieving...

Growing up in London, designer Celine Kwan remembers her mother always looking fabulous no matter where they went. “My mother’s my muse. She’s a fashion...

The Dubai Financial Services Authority has launched a regulatory regime for whistleblowing that applies to all DFSA regulated entities operating in or from the Dubai...

An investment in produce could differentiate this e-commerce player from its competitors.Pinduoduo ( PDD -3.27% ) is an unusual company. Founded in 2015, the company...

Cash-strapped Kaisa Group entered into a strategic cooperation agreement with state-owned China Merchants Shekou Industrial Zone Holdings and China Great Wall Asset Management on joint...

Risen Energy Co., Ltd., a leading solar module manufacturer in China, just concluded its press conference in Ninghai, Zhejiang province, for the launch of the...

Lebanon's central bank governor Riad Salameh has denied reports circulating in the country that the regulator is bankrupt."What is being circulated about the bankruptcy of...

Office and entertainment furniture specialist Martin Furniture unveiled 15 new furniture collections at High Point Market this week, 12 of which are sourced from Mexico.“Mexico...

Japan's recovery from the COVID-19 economic fallout is at a crossroads as surging raw material costs, driven by the war in Ukraine and amplified by...

US electric car manufacturer Tesla shipped a record number of more than one million cars over the past year, figures published on Saturday showed.The company...

Russian lender Sberbank said on Friday it was winding down operations at its investment arm in London, which Britain's financial watchdog said was “operationally unable...

The invasion of Ukraine has added to anxiety among electric vehicle makers over the supply of nickel, a critical ingredient in EV batteries, since Russia...

Saudi Arabia’s oil chief said markets are going through a “jittery period” and reiterated Tuesday that the kingdom's ability to ensure energy security is no...

The coronavirus pandemic's disruption of global supply chains over the past two years led to shipment delays and soaring shipping costs that have contributed to...

The war in Ukraine and Russia's effective exclusion from the global currency system could be an opportunity for China to raise the profile of its...

Tesla Inc Chief Executive Officer Elon Musk is giving "serious thought" to building a new social media platform, the billionaire said in a tweet on...

President Vladimir Putin announced Wednesday that Russia will demand “unfriendly'' countries pay for Russian natural gas exports only in rubles from now on.Putin told a...

Dubai investment bank has invested $545m in private debt transactions and $3bn structured across multiple sectors over the last 11 years, including technologyDubai-based investment bank...

Russian diamond producer Alrosa’s African production is exempt from sanctions — for now. The global diamond industry faces severe disruptions as the single largest producer...

In our fortnightly roundup, Melinda French Gates and MacKenzie Scott back the $1bn Gender Fund and e-commerce tycoon Sachin Bansal’s Navi files for a $442m...

The world's top-selling automaker Toyota said Friday it will halt operations on the majority of its Japanese production lines for three days as parts supply...

Two people died and several others were wounded at a demonstration against the new autonomous region in Indonesia’s Papua province Tuesday (Mar 15), police said.A...

Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming new McDonald’s.It was the first...

The global economy had barely recovered from the coronavirus pandemic when Russia's military offensive in Ukraine began.The outlook is bleak as the price of fuel...

Tesla chief executive Elon Musk said on Sunday the US electric car maker and his rocket company SpaceX are facing significant inflationary pressure in raw...

If you’re looking for inspiration for a fit and active life, take a look at these exercises that the 38-year-old triedNewlywed Karishma Tanna is dedicated...

Sri Lanka raised fuel prices by more than 40 per cent after a currency float pushed the local rupee to record lows and amid a...

Africa is facing possible shortages of grain and a sharp rise in food prices if exports from Ukraine to the continent cease amid Russia’s invasion...

The outlook for hotels in the Middle East and North Africa is “positive” in 2022, with most markets in the region expected to improve on...

Business conditions in Dubai's non-oil private sector economy improved sharply in February, shaking off Omicron jitters, as new orders rose and the travel and tourism...

If you build a shiny new office building, will your employees show up to work in it?Many U.S. companies are banking on it because they...

In bright sunshine, a long queue of shoppers snaked outside an Ikea store near Moscow this week. Similar scenes were repeated across Russia as families...

Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together.Sony Group Corp and Honda Motor Co agreed to...

NCA Design, a design-centric furniture manufacturer, is returning to its classic Italian roots for the April High Point Market.“We’re changing it up by going back...

Al Yah Satellite Communications, or Yahsat, expects to record strong growth in revenue this year on the back of contracted future sales as the Abu...

Japanese technology giant Toshiba has named a new chief executive as it seeks shareholder approval for a restructuring plan aimed at restoring its reputation and...

If the ongoing Russia-Ukraine war lasts for the next couple of days, it will cost heavily on the country’s handloom and textile hub Panipat as...

Egyptian end-to-end logistics service provider Milezmore raised $5 million from Brimore, one of the largest social commerce platforms in the country, the start-up said.The funding...

Russia’s rouble plunged more than 28 per cent to a record low of 118 against the dollar in early trading on Monday, after the US...

An article published in the recent RBI bulletin has rightfully taken note of ‘stagnation’ in India’s apparel and textile exports in recent years, attributing it...

Some of Wall Street’s largest banks told US politicians and the Biden administration that kicking Russia off the Swift financial messaging system would have a...

Nowadays, the textile sector represents the second most polluting industry in the world after the oil industry and is responsible for 20% of global water...

Samara Capital, an India-focused private equity company and a local partner of Amazon, is planning to raise as much as $500 million for a new...

Driving a rugged Subaru through snowy weather is a rite of passage for some New Englanders, whose region is a top market for the Japanese...

Home Textile Products is a flexible woven material consisting of a network of natural or artificial fibers often referred to as thread or yarn. Yarn...

Singapore's core inflation in January rose to 2.4 per cent on a year-on-year basis, the highest level in more than nine years, official data released...

Japan will coordinate with the Group of Seven (G7) advanced economies in dealing with the Ukraine situation, while carefully watching how it could affect its...

HSBC, Europe's largest lender, said its full year 2021 pre-tax profit more than doubled and the bank announced a $1 billion share buyback, amid a...

Sportswear group Fanatics, alongside the likes of Jay-Z and Meek Mill, have reportedly confirmed the acquisition of vintage sportswear retailer Mitchell & Ness from Juggernaut...

Major investment banks have pencilled in a strong run of interest rate increases for 2022 after hotter-than-expected inflation data piled pressure on the US Federal...

While the garment exports of Sri Lanka increased by 25.7 percent in 2021 from 3.939 billion US dollars in 2020, the garment export volume of...

The sole woman in charge of an investment bank in Europe is wielding a unique opportunity to reshape her division and boost growth at one...

The volume of merger and acquisition deals in the Middle East and North Africa surged 66 per cent last year as the region's economies charted...

Rebelle AB, the Swedish holding company of StyleRemains GmbH, plans to list its shares on the Nasdaq First North Growth Market in Stockholm.StyleRemains GmbH operates...

Airbnb reported a $55 million profit for the fourth quarter, reversing a huge loss a year earlier, as its revenue soared above pre-pandemic levels.The San...

Fertiglobe, the world’s largest seaborne exporter of urea and ammonia, reported an increase of more than eightfold in its fourth-quarter profit as revenue jumped on...

We've asked the professionals to offer up their kitchen lighting design secrets so that you can create a practical, well-lit space with ease.It’s important to...

A London-based design company has revealed details of its business class seats for narrow-body long-haul aircraft as the coronavirus pandemic drives demand towards the smaller,...

The organic cotton movement in India appears to be booming, but much of this growth is fake, say those who source, process and grow the...

Saudi Arabia's Crown Prince Mohammad bin Salman said 4 per cent of oil giant Saudi Aramco's shares have been transferred to country's sovereign wealth fund,...

Hugh Knowles is feeling optimistic about Valentine’s Day bookings at his four indoor mini-golf venues in and around London this weekend.The managing director of Puttshack...

Shares of EFG Hermes, Egypt's largest investment bank, surged as much as 19 per cent on Wednesday after it received a non-binding offer from the...

The era of expensive coffee is not going to end anytime soon, judging from dwindling amounts held in reserves.Stockpiles of high-end Arabica beans, a favourite...

The U.S. Department of Agriculture will invest $1 billion in pilot projects that promote farming, ranching and forestry practices that cut greenhouse gas emissions or...

Have you ever noticed the buttons on women's shirts are on the opposite side to those on men's shirts?Turns out the reasons behind the difference...

Global trade in January rose 2.4 per cent on the previous month to exceed pre-pandemic levels, despite a surge in Omicron cases worldwide and major...

RAK Ceramics, one of the world's biggest producers of ceramics, swung to 2021 profit on higher revenue and lower impairment losses as global economies continued...

The Consumer Electronics Show (CES) in Las Vegas is the world’s largest technology show, and in the past decade, it has evolved into a dazzling...

For the world’s richest people, there used to be three ways to quickly see a fortune disappear: death, default or divorce.The past few months have...

An estimated 18,000 Americans — nearly half of whom were children — went to emergency rooms across the U.S. in 2020 for injuries sustained when...

During the brutal cryptocurrency sell-off last month, volumes also tumbled — a development that doesn’t bode well for exchanges that trade the digital tokens.Total spot...

Sony Corp’s profit for the quarter through December edged up 11% on healthy sales from its film division, including the new "Spider-Man" movie, the Japanese...

Financial markets closed out January in wild fashion.After back-to-back weekly lower closings in US equity markets in the first three weeks of 2022, the major...

Designed to give you the right amount of caffeine when you need it, Rockstar Energy Drink is creating a new kind of energy drink with...

India's government on Tuesday unveiled a 39.45 trillion rupees ($530 billion) growth-focused budget in an effort to boost the economy amid rising inflationary pressures and...

Apple is testing a feature that would allow its Face ID facial recognition system to work with masks and without the Apple Watch.The iPhone maker...

The board of directors of Nice Footwear S.p.A. recorded total net revenues of 14.8 million euros for the first half period. Revenues achieved abroad amounted...

Tesla, the world's most valuable automaker, reported its largest quarterly net profit between October and December.The company crossed the $2 billion mark in net profit...

The world is looking for answers to the threat of climate change. Worldwide energy consumption has skyrocketed since the 1950s, as has concern about our...

DP World, one of the world’s largest port operators, expects strong business growth in 2021 as the world economy continues to recover from the pandemic-induced...

Abu Dhabi National Oil Company retained its position as the top brand in the UAE for the fourth consecutive year as its group chief executive...

With roots based long back in the 1960's, HATIL has now become a household name in Bangladesh. From newlyweds to old-timers, the name "HATIL" represents...

Rain, a cryptocurrency exchange company, received its in-principle approval for a Financial Services Permission from The Abu Dhabi Global Market’s Financial Services Regulatory Authority.Once Rain...

The Sovereign Fund of Egypt aims to double its $1 billion investment portfolio this year with a focus on entering new sectors and championing green...

Since the start of the year, the market has repriced both the timing and extent of expected rate hikes in the US this year. The...

Dubai Duty Free forecasts annual sales will increase 40 per cent to Dh5.1 billion ($1.4bn) in 2022 and it plans to recall more of its...

US investment management company BlackRock is stepping into the arena of cryptocurrency-flavored exchange-traded funds in the midst of a $1 trillion wipeout.The iShares Blockchain and...

I worked for a publishing company in Dubai for seven years. I quit in 2018 but my employer refused to pay me my end-of-service benefits...

The C3 Impact Accelerator Programme, a UAE-based social enterprise supporting entrepreneurs across the Middle East, Africa and Turkey and backed by Europe's second-biggest bank HSBC,...

Even as Netflix executives sought to reassure investors in a Thursday video interview that its long-term prospects for streaming media remain bright, with its popular...

The unusual speed of clean hydrogen’s true dawn illustrates how this budding market has grabbed investors’ appetite – and 2022 will only see it intensify.What...

Governments around the world must forge climate change policies that are stable, long-term and informed by specialist expertise to ensure an orderly energy transition in...

The global sustainable initiative Fashion for Good has launched a new consortium project called the D(r)ye Factory of the Future. Its aim is to accelerate...

Global supply chain disruptions triggered by the Covid-19 pandemic will continue to linger for years until the backlog of cargo is cleared, said Sultan Ahmed...

It is truly a sign of the times that the Foxtons at Vauxhall now has Chinese writing in its window.That may seem like a strange...

Hitachi Ltd. announced Jan. 14, 2022, plans to sell half of its stake in Hitachi Construction Machinery Co. It currently owns a 51% share in...

The emergence of the Omicron variant of coronavirus has created upheaval on an international scale, with several destinations introducing temporary border closures and some reinstating...

About 64 per cent of employees in the UAE said that salary and compensation are the primary reasons that attract them to employers, according to...

Japan's biggest oil and gas explorer Inpex Corp will conduct exploratory offshore drilling off western Japan from March to July in the hope of finding...

Japan's core machinery orders rose for a second straight month in November, government data showed on Monday, a sign that corporate appetite for capital spending...

Credit Suisse's chairman Antonio Horta-Osorio resigned after just nine months in the role, following a series of missteps including reported breaches of Swiss and UK...

Less than a year into his new role, Shell Malaysia chairman Ivan Tan has set his sights firmly on steering the oil and gas company...

Countries must achieve a 55 per cent reduction in carbon emissions from electricity by 2030 if they are to meet their net zero targets by...