Pope condemns Bangladesh working conditions as "slave labour"
Pope Francis on Wednesday condemned the conditions of workers who died in the Bangladesh factory collapse as "slave labour," saying unjust salaries and the unbridled quest for profits...
Industry
Europe hikes up taxes on American jeans
Starting May 1, the European Union will tax women's jeans from the United States at a rate of 38% versus the previous 12%.
EU considers trade action after Bangladesh factory collapse
The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to...
Primark to compensate workers in Bangladesh factory disaster
British discount fashion retailer Primark, which had a supplier based in a clothing factory in Bangladesh which collapsed last week, is to pay compensation to workers who were making its...
Designers Westwood and Hamnett join campaign to save bees
Top British fashion designers Vivienne Westwood and Katharine Hamnett joined bee campaigners outside the Houses of Parliament in London on Friday to urge the government to support a...
Alibaba pledges to combat fake goods on its shopping portals
Alibaba, China's largest e-commerce platform, said it will commit "as many resources necessary" to stop the sale of pirated goods on its Taobao shopping portals, where transactions...
NGOs: Bangladesh building tragedy down to West's cost squeeze
Major western clothing retailers squeezing Asian suppliers and a flawed approach to ensuring even basic working standards are fuelling conditions for tragedies like the latest factory...
Sleeping ad giant Amazon finally stirs
Amazon.com Inc is known in the advertising industry as the "sleeping giant" because the world's largest Internet retailer harbours a trove of consumer-spending data that many marketers...
Super-rich close gap between bonds and Bond Street
Insatiable demand among the global super-rich for swanky retail property in Europe has driven rental returns on the best shopping streets so low they are not much higher than the safest...
China's 2020 consumer is in a town you've never heard of
The "spend it if you've got it" Chinese attitude may help unlock the surge in consumption that China urgently needs to rebalance its economy over the next decade, ending an era of...
Swedish anorexia patients targeted by modelling agencies
A Stockholm treatment centre for eating disorders on Thursday said talent scouts from modelling agencies had approached their patients outside the clinic, hoping to recruit them.
Gold claws back losses after biggest fall in 30 years
Gold prices recovered slightly Tuesday after suffering their heaviest slump in 30 years triggered by weak Chinese growth data and reports Cyprus was planning to sell part of its reserves.
The WTO expects to see an improvement in clothing and textile trade
After a decline in activity in 2012, the World Trade Organisation is expecting the clothing and textile sector to see improvements in 2013, with the last two quarters of 2012 suggesting a...
Furs fly as Chinese consumers drive boom in US mink farming
Battered by the economic downturn and years of animal rights activism in their own backyard, American mink farmers are now in a different sort of quandary: scrambling to keep up with...
Brazil to cut cotton tariff
Brazil will cut its tariff on cotton imports to zero to help industries expected to be hurt by high prices and low stocks.
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