Accord on Fire and Building Safety for textile workers in Bangladesh, Pakistan, renewed for three years

Negotiations for the Accord’s new version ended on November 6, and the agreement has been renewed for three years in Pakistan and Bangladesh. The new document mentions “the possibility of setting up safety…

Adidas gets 3 billion euro government backed loan, suspends dividend

Retail business has been hit by measures designed to limit social movement and by the postponement or cancellation of large sports events, including the Olympic games.”Today, the company received the approval of the…

Global corporate tax overhaul faces rocky road to completion

Nearly all 139 countries involved in talks at the Paris-based Organisation for Economic Cooperation and Development (OECD) last week backed plans for new rules on where companies’ profits are taxed, and a rate…

Gold demand hits eight-year low in 2017, says industry body

Global annual demand fell to 4,071.7 tonnes last year, the World Gold Council (WGC) said in a performance report for the precious metal widely regarded as a haven investment in times of economic…

From Palestinian refugee camp to London, Paris, Dubai boutiques

The 54-year-old mother of seven describes her work as “modern products with shimmering colours, embroidered with Palestinian and Islamic motifs”.”I’m proud to see Europeans wearing what we produce here and to see top…