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Tag: cuts
China cuts import tariffs on almost 200 consumer goods
2017-11-24 14:09:51| BBC News | Business | UK Edition
Import tariffs have been cut from 17.3% to 7.7% on a range of goods from whisky to cashmere clothing.
Tags: china
goods
consumer
import
Spirits industry eyes boost as China cuts tariffs
2017-11-24 13:48:00| Daily beverage news and comment - from just-drinks.com
Industry trade groups have welcomed a move by China to cut tariffs on some of its spirits categories.
Tags: china
industry
eyes
cuts
China cuts tariffs on cashmere clothes to lower costs
2017-11-24 12:21:00| Daily apparel & textile news and comment - from just-style.com
China has said it will cut import tariffs on a range of consumer products, including cashmere garments, in a bid to lower costs and help stimulate domestic consumer spending.
Tags: china
lower
costs
clothes
S&P cuts Altice rating outlook to negative
2017-11-24 10:14:00| Telecompaper Headlines
(Telecompaper) Credit rating agency Standard & Poor's has revised its outlook for Altice from stable to negative, while affirming the 'B+' long-term credit rating for the group. The decision was motivated by Altice's deteriorating growth prospects, as the company lowered its EBITDA guidance for 2017, primarily as a result of a weaker-than-expected performance in France. In this country, S&P now expects lower EBITDA growth in 2018, noting that Altice's differentiation strategy has yet to prove its effectiveness.
Tags: rating
negative
outlook
cuts
Job cuts on the cards at Payless ShoeSource?
2017-11-23 13:05:00| Daily apparel & textile news and comment - from just-style.com
Job cuts could be on the cards at US footwear giant Payless ShoeSource as the retailer, which emerged from Chapter 11 Bankruptcy Protection in August, has announced a series of initiatives it says will increase efficiencies - including plans to "streamline" its corporate headquarters.
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