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Big Shift In China Economy To 'disrupt' Western Retailers: Li & Fung Head

2014-09-29 19:14:50| Logistics - Topix.net

China's role in supplying cheap consumer goods to the West could end in coming years due to rising domestic consumption and worker pay, stoking inflation and unsettling retailers in Western markets, the chairman of logistics group Li & Fung "China will disrupt the world," William Fung of Hong Kong-based Li & Fung, which supplies firms like Walmart Stores Inc China is a country that operates in economic cycles of 30 years, Fung said, and between 1979 and 2009, it had been the world's "factory" producing consumer goods at low prices, notably thanks to the low wages paid to its workers. "When China starts consuming and with India right behind it, I predict a round of price increases and margin squeezes," he Fung said.

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Comment - Soft Drinks & Bottled Water - 2014 to be Groundhog Year for Western Europe

2014-09-23 16:17:00| Daily beverage news and comment - from just-drinks.com

The markets of Western Europe have long been the engine for soft drinks companies, generating steady returns and providing a dependable working environment. But, the global economic downturn has hit the region hard. Richard Corbett surveys the wreckage.

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Birthday Wishes and Universal Plastics Announce New Corporate Partnership in Western MA

2014-09-18 06:00:00| Industrial Newsroom - All News for Today

Newton, MA  &ndash; Birthday Wishes brings birthday parties to homeless children, believing that all children, regardless of their living situation, should celebrate their birthdays joyfully, surrounded by family, friends and others who care.<br /> <br /> Founded in 2002 as a volunteer organization serving one Boston shelter, Birthday Wishes presently reaches homeless children living in more than 200 shelters and transitional living facilities in Massachusetts, Rhode Island and Long Island, ...

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Climate change accelerating death Western forests

2014-09-10 23:26:00| Climate Ark Climate Change & Global Warming Newsfeed

USA Today: The iconic pine and aspen forests of the Rocky Mountains are dying off at an alarming rate thanks to conditions exacerbated by climate change - drought, insect infestations and wildfires - a new report says. Colorado alone could lose 45% of its aspen stands over the next 45 years, says the report released Thursday by the Union of Concerned Scientists and the Rocky Mountain Climate Organization. Pine bark beetles alone have killed 46 million acres of trees across the west, an area nearly the size...

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Western Digital unveils worlds first 10TB hard drive: Helium-filled, shingled recording

2014-09-10 19:30:40| Extremetech

In what can only be described as the hard drive equivalent of Game of Thrones, Western Digital's HGST has announced the world's first 10-terabyte hard drive: the helium-filled Ultrastar He10. This comes just a few weeks after Seagate announced initial availability of its 8TB air-filled hard drive, which at the time was the largest hard drive in the world. There's no word on pricing yet but Western Digital says, somewhat unbelievably, that the 10TB drive will have the lowest cost-per-gigabyte and power consumption-per-gigabyte of any drive on the market.

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