But in her next breath she warned that now isn’t the time for victory laps. Ever-rising debt levels and the splintering of global trade under the pressure of geopolitical rivalries have cast a long shadow over the meetings, which begin in earnest Tuesday. The uncertainty is only fueled by the wars raging in both Eastern … Read more
Levi Strauss & Co. has signed the Pakistan Accord, an offshoot of the International Accord for Health and Safety in the Textile and Garment Industry that aims to replicate in Pakistan the safety improvements that the Bangladesh Accord achieved following the 2013 collapse of Rana Plaza, which killed more than 1,130 garment workers and injured … Read more
New Delhi: The total estimated employment in manufacturing industries showed a robust growth of 7.4 per cent in the fiscal 2022-23 over the previous year, according to the latest government data. The employment rose to 1.84 crore in 2022-23 from 1.72 crore in 2021-22 — highest-ever increase in the sector in more than a decade, … Read more
“You believe in things like we’re not going to frack, we’re not going to take fossil fuel, we’re not going to do things that are going to be strong, whether you like it or not,” Trump said. “Germany tried that, and within one year, they were back to building normal energy plants.” The day after … Read more
Meanwhile, Vietnam has been allocated seed funding worth $2 million by the U.S. for semiconductor development initiatives, and there’s been increasing cooperation between Vietnamese and American companies on chip manufacturing. Not to be left behind, Infineon has also decided to expand hiring by hundreds in its Vietnam office as well. All this sounds positive — … Read more
Cosmetics brand Lush says it is laying off staff as it scales down operations at its Vancouver facilities. Amanda Caruso, a spokesperson for the U.K.-based brand, refused to say how many workers will lose their jobs as part of cuts to the company’s Canadian footprint, citing privacy concerns. However, she confirmed the scale-down will mean closing a … Read more
The massive electric vehicle battery plant in southwestern Ontario should produce its first module this month as the project looks to hire another 200 employees before the end of the year. Windsor’s NextStar Energy plant, expected to be the first facility of its kind to begin production in Canada, will eventually employ 2,500 people and spur a supply … Read more
Prime Minister Justin Trudeau slammed the NDP and its leader Jagmeet Singh on Friday, saying that while they may care about the environment, they have “no idea what to do in the fight against climate change.” At a news conference in the Montreal suburb of Sainte-Anne-de-Bellevue, Que., Trudeau accused the NDP of “playing simple politics” and “walking … Read more
Artificial intelligence’s takeover of fashion seems undeniable, with algorithms and bots driving supply chains, demand forecasting, product design, marketing, customer service chats and more. And yet, one of the most exciting aspects of AI isn’t what it can do, but how it elevates other technologies and experiences. Like finally making on-demand fashion feasible. Resonance One … Read more
China said on Tuesday it plans to start an anti-dumping investigation into canola imports from Canada, after Ottawa moved to impose tariffs on Chinese electric vehicles, lifting prices of domestic rapeseed oil futures to a one-month peak. Canada has followed the lead of the United States and European Union, and announced last week a 100 … Read more
