China calls U.S. repeat abuser of world trade rules

The U.S. tariffs on Chinese imports worth as much as up to $60 billion are set to be unveiled later on Thursday, raising fears that the world’s two largest economies could be sliding toward a trade war.On Wednesday, the World Trade Organization ruled that Washington had not fully complied with a 2014 ruling against its anti-subsidy tariffs on various Chinese products ranging from solar panels…

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China’s April exports rebound but outlook remains grim

April’s better-than-expected exports helped Asian shares trim early losses, but analysts say China’s trade outlook remains bleak as major economies remain in the grip of the health crisis with rising infection numbers and deaths.Overseas shipments in April rose 3.5% from a year earlier, marking the first positive growth since December last year, customs data showed on Thursdayคำพูดจ…

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City of Amsterdam to launch its own online retail platform for local retailers

The city argues that the arrival of online shopping has made it more difficult for retailers to achieve sufficient turnover. With the online retail platform, the municipality aims to help retailers to offer their products and services online. Citizens of Amsterdam will then be able to see what is on offer at local establishments and how these can be obtained, via delivery or pick-up.The followi…

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Days are numbered for Norway’s fur farms

The Norwegian parliament is due this month to adopt new legislation immediately banning any new fur farms and requiring existing ones to be dismantled by February 1, 2025.Hailed by animal rights’ activists, the ban has been slammed by Norway’s 200 or so fur farmers: it is often a side business for them but a very lucrative one.คำพูดจาก Read more

Empty stores devastated UK fashion sales in March says ONS

That decline came despite many stores remaining open for most of the month with the lockdown only being ordered on March 23.Year-on-year, sales volumes fell 5.8% and values dropped by 6%.

And while those headline figures were bad enough, clothing stores suffered an even greater catastrophe with a 34.8% volume drop and 35.8% value drop compared to the month before. Volumes fell 28.4% year-…

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France’s Macron mingles with fashion royalty in bid to woo designers

Designers from France’s Jean Paul Gaultier to Lebanon’s Elie Saab descended on the Elysee Palace for dinner on Monday, as Macron sought to further boost one of the country’s most profitable sectors with an appeal to brands from far and wide.The gala, coinciding with Paris Fashion Week, was the latest effort by 40-year-old Macron, who came to power last May, to try and lure entrepreneurs with a …

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Global lobbying groups call for delay to India’s new digital tax

From April 1 India imposed a new 2% tax on foreign billings, or transactions where companies take payment abroad for digital services provided in India. The tax also applies to foreign e-commerce transactions on sites such as tax, inserted into budget amendments passed in March, caught the industry off guard as it was not part of the main proposals India’s finance ministry had pr…

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From Ikea to Gap, firms aim to use scarce water more wisely

But with population growth and climate change making water a scarcer and more precious resource, using water wisely is now a key to remaining profitable, they said.From growing cotton for textiles to manufacturing drinks and ensuring consumers have enough water as well, efficient water use is high on the agenda, representatives of popular brands said during opening events at World Water Week in…

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Netherlands’ store vacancy rate fell in 2018, report says

The year 2018 marks the fourth year since 2014 that store vacancy declined in the country, reports Dutch market research company Locatus. However, the vacancy rate was mainly reduced because many properties were given a different purpose other than retail, the company said.In 2018, 2,000 store premises were repurposedคำพูดจาก ท…

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