Archive / september - 2024
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The Growing Popularity of Textured Yarn for KnittingTextured yarn is becoming increasingly popular in the knitting community, offering a fresh twist to traditional yarns. This trend reflects a shift in consumer preferences,...China's Weak Factory PMI Raises Pressure for Consumer StimulusChina's manufacturing activity sank to a six-month low in August as factory gate prices tumbled and owners struggled for orders, an official survey showed on...
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Oil Steadies With Market Focus on OPEC+ Output and China DemandOil steadied as traders weigh a planned production increase from OPEC+ next month against currently lower output in Libya, while mindful of economic headwinds in...Temu’s Woes Are Fresh Signs of the Doom Loop Headed for China’s EconomyChinese e-commerce giant Temu is the latest warning sign that the world's second largest economy could be headed for a doom loop caused by overproduction...
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Trends in Premium Cotton Yarn for Knitting and WeavingThe cotton yarn market is undergoing notable changes in 2024, driven by shifts in consumer preferences and industry practices. As demand for high-quality and sustainable...Volvo Trucks to Launch Electric Truck With 600 Km RangeSweden's Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 miles) on a single charge,...
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The ‘Glory Days’ for Global Automakers in China Are OverForeign automakers have dominated China’s car market for decades, selling millions of vehicles and raking in enormous profits. That golden era is now coming to...Key Strategies to Address Global B2B Supply Chain ChallengesThe global B2B supply chain faces unprecedented challenges as businesses strive to maintain efficiency and adaptability in a rapidly evolving environment. With disruptions becoming more...
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Volvo Cars Looks to Nvidia-powered Software, 'megacastings' for Future EVsVolvo Cars will use a single software system backed by powerful chips from Nvidia for all future models and will rely on "megacastings" to cut...Unique Handcrafted Gifts Transforming the Artisanal Craft MarketThe market for unique handcrafted gifts is experiencing notable growth. This trend reflects a wider shift towards artisanal and custom-made products. There is a growing...
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Durov Says Telegram Will Tackle Criticism of How It Moderates ContentTelegram boss Pavel Durov said on Friday that the messaging app would tackle criticism of its content moderation and remove some features that had been...Master Key Negotiation Tactics for Cost-Effective B2B SourcingNegotiation is a fundamental skill in business, especially in the world of B2B sourcing. Securing the right deals while maintaining quality and cost efficiency is...
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Germany's Wholesale Market Insights Trends and Key PlayersGermany stands out as a significant player in the global wholesale market. Its strategic location in Europe makes it a key hub for import and...
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Japan Logs Record Surplus for July on Foreign Investment ReturnsJapan posted a current account surplus of 3.19 trillion yen in July, a record high for the month, driven by all-time high returns on foreign...California Man Loses Life Savings, Owes More Than $30k in Taxes After Falling Prey to Sophisticated ScamOn top of losing his life savings to scammers, Chester Frilich of Concord, California is facing a tax bill of over $30,000 which could end...
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Asian Shares Trading Mixed as Investors Gauge Inflation DataAsian shares were trading mixed Tuesday after a rally on Wall Street that regained some of the losses from the market’s worst week in nearly...The Essential Guide to Gardening Tools and Their UsesGardening enthusiasts know that having the right tools is essential for maintaining a beautiful and thriving garden. From planting seeds to trimming hedges, each task...
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Apple Believes Apple Intelligence is Its Platform of the FutureApple’s iPhone 16 line hits store shelves on Sept. 20, and while the new phones get some impressive hardware upgrades, their biggest selling point isn’t...Growing Demand for Bulk Filament Yarn Insights and TrendsThe filament yarn market is experiencing significant changes as global demand increases. This rise highlights a growing interest in bulk filament yarn for various textile...
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Apple Has Officially Discontinued These Three iPhonesApple introduced four new iPhones this week at the company’s “It’s Glowtime” event. Soon after, as it usually does following new iPhone announcements, Apple retired...Report Warns of $16,500 Annual Social Security Benefit Cut for Dual-Income Couples by 2033A recent report has set off alarm bells for retirees: if Congress doesn't act soon, dual-income couples could see their Social Security benefits slashed by...
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A Record $1.2 Trillion Interest Payments Are Blowing Up The Federal BudgetThe U.S. government will spend a record $1.2 trillion on interest payments in 2024, the highest amount ever recorded. Interest payments are driven by a...Comprehensive Guide to Steel Bars and Finding Reliable ManufacturersSteel bars are crucial in various industries, from construction to manufacturing. Their importance cannot be overstated, given their wide range of applications and the integral...
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Three Stripes or Four? Thom Browne Wins German Trademark Dispute Against AdidasUS fashion brand Thom Browne has won a trademark dispute with the sportswear giant Adidas in Germany. In its ruling of September 6, the Nuremberg-Fürth...Current Trends in Bulk Industrial Chemicals MarketThe bulk industrial chemicals market is experiencing notable changes. More businesses are choosing to buy industrial chemicals online, reflecting a shift towards digital transactions. This...
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Boeing Says It's Considering Temporary Layoffs to Save Cash During the Strike by MachinistsBoeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during the factory workers’ strike that began last week,...Thai Economy to Get 'jolt' From Stimulus Rollout This Month, PM SaysThe launch of Thailand's US$13.5 billion handout programme later this month is certain to give a lift to the economy, Prime Minister Paetongtarn Shinawatra said...
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EU Court Backs Google's Challenge Against 1.49 Billion Euro EU Antitrust FineEurope's second-top court on Wednesday backed Alphabet unit Google's challenge against a 1.49 billion euros ($1.66 billion) antitrust fine imposed five years ago for hindering...What's Happening in Las Vegas Shows Fed's 'soft Landing' is a Good BetThe cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy soured, making...
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Oil Prices Rise After US Interest Rate CutOil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but concerns over global demand lingered and capped gains....The Growing Landscape of Manufacturers in IndiaIndia has emerged as a significant hub for manufacturers in recent years. This change is due to various factors that make the country an attractive...
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Country Garden Services to sell stake in Zhuhai Wanda for $446 millionCountry Garden Services, the property services arm of Chinese property developer Country Garden, said on Wednesday it agreed to sell its 1.49 per cent stake...Boeing's ability to end a costly strike and extra FAA scrutiny looks uncertainBoeing's critics often claim that two deadly jetliner crashes a few years ago and the blowout of a section of a third plane in January...
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Apple Intelligence will add plenty to your iPhone, but also take something important awayApple Intelligence will require 4GB of storage space on your iPhone when it launches from next month. That is something to consider when you purchase...Gold’s hitting new records again. Here’s what it means for the economyThe 2024 monster gold rally is picking up steam.The most actively traded gold futures contract has hit repeated highs this year, most recently notching a...
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What Fueled This Week’s Record-breaking Stock RallyThe stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last...
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French tycoon gains $17 billion from China’s economic stimulus pushThe billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh...
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Mark Zuckerberg joins exclusive $200 billion club, closes in on third-richest person in worldWatch your backs, Jeff Bezos and Bernard Arnault. Mark Zuckerberg is gaining on you.Recent figures from Bloomberg’s Billionaire Index show Zuckerberg has grown his personal...China's top banks to tweak mortgage rates to boost housing marketSix of China's biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing's...