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China's first Airbus A380 superjumbo grounded by mechanical fault

China Southern Airlines was forced to suspend the operation of its first Airbus A380 superjumbo Saturday due to a mechanical fault, the company announced, only 12 days after the jet was first put into use in China. The jumbo jet was scheduled to fly from Beijing to Shanghai ...

China train makers' profits slump after government's railway construction curbs

China's two largest train makers, CSR and CNR, posted disappointing financial results Saturday, after July's deadly train collision inspired the country to put the brakes on rapid development of its railways. The latest quarterly statements of CSR and CNR, posted on the Shanghai ...

Railway ministry secures bank loans

China's efforts to tap bank loans to ease a tight liquidity situation for its troubled railway construction could cut the danger of a hard landing, but add risks on lenders' balance sheets, analysts have said. Over the past months, construction of more than 10,000 kilometers of ...

HKRITA features latest innovations in ITMA

The Hong Kong Research Institute of Textiles and Apparel (HKRITA) introduced five of its innovative machinery products to ITMA, one of the world s most established textile and garment machinery technology exhibitions, in Barcelona, Spain from 22 to 29 September 2011. They were ...

Sales & margins of textile sector under pressure

The boom period which Indian textile companies witnessed in the last two quarters of fiscal year 2010-11 seem to be over. Since the first two quarters in fiscal year 2011-12, they are now facing the stark reality of pressure on sales and margins. The drastic plunge in raw cotton ...

Safatex to set up first PSF plant in UAE

Safetex Group has begun construction of 500 tons per month polyester staple fibre (PSF) plant in Ras Al Khaimah UAE. It is the first PSF plant to be set up in the emirate and will produce the fibre in a eco-friendly manner from bottle grade prime resin, prime and off specs resins ...

French firm buys Brazilian cotton seed processing plant

Louis Dreyfus, a France based French trader has bought over the cotton seed processing business of Brazilian agribusiness group Maeda Agroindustrial. With the acquisition of the plant located in center-western state of Goias, Louis Dreyfus will more than double its capacity in ...

AWI to unveil wool campaign in India

Australian Wool Innovation Ltd (AWI), a leading Australian wool organisation will begin an initiative to educate the Indian consumers about the various good but forgotten properties of wool. AWI is a not-for-profit company owned by over 29,000 Australian woolgrowers and invests ...

Gujarat ginners upbeat over cotton production this season

Ginners in the western State of Gujarat are upbeat over cotton production this season due to increase in sowing of the crop and good rains in the State. Area under cotton has increased to 2.96 million hectares in Gujarat this season, compared to 2.63 million hectares last season, ...

PLM GoLive mirrors Schneider production process

In future, the Schneiders Bekleidungsgesellschaft m.b.H. of Salzburg, Austria will be using PLM GoLive, the new PLM system (Product Life Cycle Management) by assyst. Schneiders was convinced by the system s built-in workflow function, through which the company can standardize and ...

AAFA President lauds recently signed FTA

American Apparel & Footwear Association (AAFA) President and CEO Kevin M. Burke applauded President Barack Obama for signing the implementing legislation for the recently passed free trade agreements with Colombia, Panama, and South Korea. The three agreements were passed by ...

Critical cotton research will continue - Cotton Australia

The momentum driving cotton research will not be lost as the cotton industry joins forces to plan a seamless transition following the closure of the Cotton Catchment Communities Co-operative Research Centre (Cotton CRC) next year. A taskforce has been established bringing ...

NedGraphics CAD software for Carhartt

NedGraphics Inc, a subsidiary of NedSense enterprises n.v. announces that it has inked a contract with Carhartt for its NedGraphics CAD software suite for design and product development. Expanding their line from the traditional outerwear pieces, Carhartt now offers a complete ...

Matrix Partners invests Rs 600mn in TCNS Clothing

Matrix Partners India announced an investment of Rs. 60 crores in TCNS Clothing Company Pvt Ltd as the sole investor in the first institutional round of funding. The company, promoted by Mr. O.S Pasricha and Mr. A.S Pasricha, manufactures and markets W, the leading contemporary ...

PUMA to sponsor team kits for Borussia Dortmund

PUMA today announced that it has entered a new partnership with the German Bundesliga Champions, Borussia Dortmund. Effective from 1st July 2012, this new technical partnership will see PUMA provide official playing kits for all associated Borussia Dortmund teams, including the ...

C.L.A.S.S displays high-end clothing at sustainable conference

C.L.A.S.S. proudly joined forces with the RITE Group once again to bring its visionary platform to the annual sustainable textile conference, which took place on 12th of October 2011 in London. As part of its ongoing mission to bring sustainable innovations to the forefront of ...

Using Merino wool Norwegian textile makers win awards

Using Merino wool, two leading Norwegian textile manufacturers have taken out major industry awards in the active/outdoor sector. Both Aclima and Devold are well established design leaders in the growing active/outdoor market but also supply to the important workwear/safety ...

UNIQLO to open Ginza & Shinjuku flagship store in 2012

UNIQLO will open two global flagship stores in Tokyo in 2012, with the new Ginza flagship set to open in the spring and the new Shinjuku flagship to follow in the fall. The two megastores will each feature sales floors spanning more than 4,000 square meters. The new Ginza and ...

Alsco deploys Riverbed Steelhead appliances

Riverbed Technology, the IT performance company, announced that Alsco, a commercial textile services company, has deployed Riverbed Steelhead appliances in its primary data center and disaster recovery (DR) site. With the deployment of Steelhead appliances, Alsco doubled the ...

Three steps by CPSC for a safe Halloween celebration

From a fall resulting in a dislocated shoulder, to an open flame resulting in second degree burns, each year CPSC receives reports of injuries involving Halloween-related costumes, decor, and lighting. These incidents are preventable. Using CPSC's three-step safety check, ...
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Latest World News

china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
The Political Bureau of the CPC Central Committee has decided that ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...
China cuts retail oil prices
China cuts retail oil prices
BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
Shell companies struggle to stay listed
China is planning to clamp down on back door listings. A back door ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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