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Top related persons:
Carlo D'Andrea - 1 D'Andrea - 1 Jens Eskelund - 1 Eskelund - 1 overcapacity - 1 Mohammad Ponir Hossain - 1 Stephen Lamar - 1 Lamar - 1
Top related locs:
China Minhou County Fuzhou BEIJING Shanghai Beijing Dhaka Bangladesh
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Nurphoto - 1 Getty - 1 EU Chamber of Commerce - 1 EU - 1 of Commerce - 1 U.S - 1 Bureau - 1 Statistics - 1

Search resuls for: "The Civil Engineering"


3 mentions found


☆ European companies in China are under pressure from slower growth, overcapacity
  + stars: | 2024-05-10 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +5 min
Nurphoto | Nurphoto | Getty ImagesBEIJING — European companies in China are finding it harder to make money in the country as growth slows and overcapacity pressures increase, according to a survey released Friday by the EU Chamber of Commerce in China. Only 30% of EU Chamber survey respondents said their profit margins were higher in China than their company's worldwide average — an eight-year low. Jens Eskelund EU Chamber of Commerce in China, presidentChina's economy is now far bigger than it was in 2015 and 2016. More than one-third of EU Chamber survey respondents said they observed overcapacity in their industry in the last year, and another 10% expect to see it in the near future. "This is not just European companies whining," Eskelund said.
Persons: Carlo D'Andrea, D'Andrea, Jens Eskelund, Eskelund, overcapacity Organizations: Nurphoto, Getty, EU Chamber of Commerce, EU, of Commerce, U.S, Bureau, Statistics, Cosmetics Locations: Minhou County, Fuzhou, China, BEIJING, Shanghai, Beijing
☆ Global fashion brands say to raise purchase prices for Bangladesh-made clothes
  + stars: | 2023-11-09 | by ( Krishna N. Das | Thomson Reuters | As The Breaking News Editor For South Asia | ) www.reuters.com   time to read: +3 min
REUTERS/Mohammad Ponir Hossain/File photo Acquire Licensing RightsNEW DELHI, Nov 9 (Reuters) - Global fashion retailers including H&M (HMb.ST) and Gap (GPS.N) are committed to raising purchase prices for Bangladesh-made clothing to help factories there offset higher workers' wages, a U.S.-based association representing more than 1,000 brands said. Asked if they would raise purchase prices by the 5-6% that costs will rise, Stephen Lamar, chief executive of the American Apparel & Footwear Association (AAFA), told Reuters: "Absolutely". "We also renew our pleas for the adoption of an annual minimum wage review mechanism so that Bangladeshi workers are not disadvantaged by changing macroeconomic conditions." Low wages have helped Bangladesh build its garment industry, which employs about 4 million people. Retailers in the United States and Europe are the main buyers of Bangladesh-made clothes.
Persons: Mohammad Ponir Hossain, Stephen Lamar, Lamar, Sheikh Hasina, Hasina, Krishna N, Ruma Paul, Miral Organizations: The Civil Engineering, REUTERS, Labour, American Apparel & Footwear Association, Reuters, International Labour Organization, Abercrombie & Fitch, Bangladesh, Retailers, Thomson Locations: Dhaka, Bangladesh, DELHI, U.S, China, Vietnam, Cambodia, United States, Europe
☆ Congress sat back and let trucks become heavier, taller, and deadlier. Now pedestrian fatalities are at a 40-year high.
  + stars: | 2023-03-24 | by ( Madison Hall | ) www.businessinsider.com   time to read: +10 min
As trucks get bigger and bigger, so do the blind zones in the front and to the side of the cars. He didn't expect to find that an M1 Abrams battle tank had better a sightline than some everyday trucks. Due to the shape of the hood, a modern truck's blind zone can extend to more than a dozen feet out in front of the vehicle. According to NHTSA data, there were 240 estimated nonoccupant deaths by forward-moving vehicles in the United States in 2016. The legislation was never brought to a vote, but Blumenthal told Insider he had plans to reintroduce the act this session of Congress.
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