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European textile sector warns of mounting job losses on no-deal Brexit

2020-11-24 11:30:00| Daily apparel & textile news and comment - from just-style.com

A no-deal Brexit would have a detrimental impact on Europe's textile and clothing sector, with job losses of over 100,000 across the bloc, the European Apparel and Textile Confederation (Euratex) claims in a new report.

Tags: job european sector losses

 

NYC Hotels New Life Shows Lenders Bracing for Mounting Losses

2020-08-18 17:49:00| National Real Estate Investor

In the case of the Times Square Edition, the pandemic exacerbated existing problems, including a market glut and troubles leasing its retail component.

Tags: life shows hotels losses

 
 

Mounting calls for US fashion trade insurance support

2020-06-25 15:45:00| Daily apparel & textile news and comment - from just-style.com

Momentum is gathering on calls for "an emergency, temporary federal commercial trade credit insurance backstop," with 22 trade organisations now urging the US government to take action ahead of the upcoming holiday season.

Tags: support trade insurance fashion

 

With Contracts Canceled and Debts Mounting, Offshore Oil Drillers Face Another Shakeout

2020-06-24 16:07:00| OGI

The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.

Tags: face oil contracts mounting

 

Traders Supercharge Global Rate-Cut Bets on Mounting Virus Fears

2020-02-24 14:13:00| National Real Estate Investor

Bets on rate cuts accelerated on Monday, with Fed pricing alone moving about 10 basis points amid a global rush to safety 

Tags: global virus mounting fears

 

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