Brexit, weak global demand to hurt UK in 2020, industry warns

Official figures have shown that Britain’s economy is growing at the weakest annual pace since 2010, and industry leaders see little or no improvement in 2020, even if Prime Minister Boris Johnson wins re-election and secures a Brexit divorce deal by a Jan. 31 deadline.The CBI on Monday predicted economic growth of 1.3% this year and 1.2% in 2020, followed by a pick-up to 1.8% in 2021, assumi…

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Amazon to hire 75,000 US workers, offers $100 extra for vaccination proof

As vaccines become crucial to reopening of the economy, several U.S. retailers, including Dollar General, Kroger and Target, are offering bonuses or other perks to staff getting their shots.Demand for hourly staff at restaurants, factories, retail stores and fulfillment centers is rising as e-commerce demand remains robust, while more consumers are expected to step out of their homes after a ye…

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A good yarn- Russia’s Insta-grannies take knitting skills online

Now a new Instagram project aims to change the public perception of their homely skills by promoting “granny chic” and help the women sell their knitted mittens, socks and other items online.Grandmother and participant Nina Lozhkova said she’d long wanted to sell her knits.

“But it’s a bit humiliating to sell things by the metro. Here, I feel like I am a creator and not a poor person,” th…

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Could coronavirus help Amazon workers unionize-

These and other Inc employees across the country are seizing on the coronavirus to demand the world’s largest online retailer offer more paid sick time and temporarily shut warehouses with infections for deep cleaning.Employees in at least 11 states this year have voiced their concerns and staged actions to highlight a variety of purported workplace deficiencies, allegations the comp…

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Free trade- European textiles face Indian protectionism

In 2021, India ranked fourth among EU suppliers for clothing and third for textiles, valued at €3.4 billion and €2.7 billion worth of goods respectivelyคำพูดจาก สล็อตเว็บตรง. Conversely, the exceedingly large Indian market did not even make it into the top 20 of EU clothing buyer…

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G7 plan to ban Russian diamonds to further dim industry sparkle

With direct sales of Russian gems already crushed by U.Sคำพูดจาก สล็อตเว็บตรง. sanctions on Russia’s state diamond miner Alrosa, the G7 is now in the process of thrashing out details of a further ban on indirect sales in its member countries, expected by end-October.But even befo…

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Fast fashion still uses too many virgin synthetics – report

And the charity has called on the UK government to look at introducing a plastics tax on clothes imported into or produced in the UK.Its research looked at 10,000 recently-listed items being sold by Boohoo, PrettyLittleThing (PLT), Missguided and ASOS and found that, on average, 49% were made of polyester, acrylic, nylon and elastane.คำพูดจาก Read more

Cambodia garment factories, unions ask EU not to impose trade sanctions

The EU warned last year that it would strip Cambodia of its “Everything but Arms” (EBA) duty-free trading access, after long-time Prime Minister Hun Sen won every seat in a July general election following a crackdown on the opposition.The 28-country bloc is Cambodia’s biggest export market, worth billions of euros a year.A letter addressed to EU Trade Commissioner Cecilia Malmstrom and se…

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Hermès opens new leather goods factory in France

Hermès recently announced it is opening a training academy for its leather goods artisans, and will eventually create 260 new jobs with the new production facility. “In order to facilitate the staff’s training, mentorship and support, nearly one third of the employees come from the group’s other production sites and artisanal sectors,” said Hermès in a press release. The new factory …

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Germany cautious on EU tech tax as France adds ‘sunset clause’

Under a proposal from the European Commission in March, EU states would charge a 3 percent levy on digital revenues of large firms like Google and Facebook that are accused of routing their profits to the bloc’s low-tax states.The plan is opposed by smaller states like Ireland, who fear losing revenues, and by Nordic governments who think the tax could stifle innovation and trigger retaliation …

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