Claim or Create your Free Community Profile : Sign in / Sign up
China's factory output, retail sales weaken
Aug 9th, 2012
China's growth in factory output fell to a three-year low in July and retail sales weakened, suggesting Beijing might need to launch more stimulus efforts to reverse a painful slowdown in the world's second-largest economy. (Source: Associated Press) -
DHAKA, Bangladesh (AP) - Bangladeshi garment factories are routinely built without consulting engineers. Many are located in commercial or residential buildings not designed to withstand the stress of heavy manufacturing. Some add illegal extra floors atop support columns too weak to hold them, according to a survey of scores of factories by an eng... [Full Article]
LONDON (Reuters) - British industrial output rose in April for a third consecutive month, official data showed on Tuesday, underlining the slow but steady nature of the country's recovery so far this year. Industrial output, which makes up around 16 percent of Britain's economy, rose 0.1 percent on the month in April after an unrevised ju... [Full Article]
By Phil Wahba NEW YORK (Reuters) - Major U.S. retail chains, including Costco Wholesale Corp and Victoria's Secret, on Thursday reported sales increases for May that suggested consumer spending continues to improve moderately. Costco said sales at stores open at least a year, or same-store sales, rose 5 percent last month, coming in slightly b... [Full Article]
LONDON (Reuters) - J Sainsbury, Britain's No. 3 supermarket chain, met forecasts for underlying sales growth in its first quarter, outperforming major rivals with an outcome driven by growth online and in convenience stores. The group, which trails market leader Tesco and No. 2 player Wal-Mart's Asda by annual revenue, said on Wednesday t... [Full Article]
2Space PassportNewsCommunityMarketPlaceFree Tools
