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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