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Vidalia Mills - Weaving a new vision for US denim
2019-09-30 16:45:00| Daily apparel & textile news and comment - from just-style.com
The closure of the last US selvedge denim mill two years ago might have marked the end of an era. But thanks to the vision of Daniel Feibus and his team, the original looms have found a new home at Vidalia Mills as part of plans to build a cutting-edge, transparent and sustainable denim manufacturing chain in the United States.
Canada's Heavy Oil Exports To Asia From US Surge
2019-09-27 17:48:48| OGI
Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, according to vessel-tracking data, traders and industry sources.
Flor de Cana secures 'official rum' status with New England Patriots - Rum in the US data
2019-09-27 17:39:00| Daily beverage news and comment - from just-drinks.com
Nicaraguan rum producer Flor de Caa has partnered its namesake brand in the US with National Football League team the New England Patriots.
Ericsson takes provision of SEK 12 bln for fallout from US corruption probes
2019-09-26 09:29:00| Telecompaper Headlines
(Telecompaper) Ericsson said corruption investigations into the company by the US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) are ongoing and that the company will be taking a provision of SEK 12 billion (over USD 1.2 billion) in the third quarter to cover potential fines and costs. The company estimates potential monetary sanctions at USD 1 billion, with other related costs coming on board. There is also the question of reputational harm, which could have a "material" adverse impact on the business, the company said.
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Ericsson sets aside over 1bn for US corruption probe
2019-09-26 02:00:00| Total Telecom industry news
Ericsson estimates the cost of resolving an ongoing US corruption investigation to come in at around 12 billion kronor (€1.1 billion/US$1.2 billion) and has made a provision in that amount that will hit its third quarter results. The Swedish vendor has been under investigation in the US since 2013…read more on TotalTele.com »
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