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Mongolian yak yarn initiative gains momentum
2016-04-12 15:36:00| Daily apparel & textile news and comment - from just-style.com
British brand and noble yarn technology specialist Tengri is hoping to double the number of Mongolian yak herders it works with, amid growing demand for the fibre from the luxury fashion market.
Tags: initiative
gains
momentum
yarn
Oil Holds Gains as U.S. Rigs Idled Before Doha Freeze Meeting
2016-04-12 04:18:33| Oil & Gas - Topix.net
Oil held gains after the biggest jump in almost two months as U.S. drillers idled more rigs ahead of talks between the world's biggest producers about freezing output. Futures were little changed in New York after increasing 6.6 percent Friday, the most since Feb. 12. The number of active oil rigs fell for the 15th time in 16 weeks to the lowest level since 2009, according to data from Baker Hughes Inc. Venezuela said the first step at the April 17 meeting in Doha between suppliers including Saudi Arabia and Russia should be to cap production.
Wall St Gains as Weak Dollar Boosts Commodities
2016-04-11 21:19:43| IT Services - Topix.net
Wall Street gains were driven by materials stocks on Monday as a weaker dollar boosted commodities, and investors turned their focus to the earnings season. Profits at S&P 500 companies are expected to have fallen 7.7 percent on average in the first quarter, according to Thomson Reuters I/B/E/S, under pressure from a weak global economy.
Canada Stocks-TSX gains as resource stocks rise with commodity prices
2016-04-11 18:56:17| Railroads - Topix.net
TORONTO, April 11 Canada's main stock index rose on Monday as gold miners and major energy companies gained with higher commodity prices. The most influential movers on the index included Barrick Gold Corp, which rose 4.5 percent to C$20.63 as gold hit a multi-week high, and Canadian Pacific Railway Ltd, which advanced 3.4 percent to C$181.24.
Tags: canada
prices
resource
rise
Wall St Pares Gains As Retailers Tumble; Crude Oil Soars 6%
2016-04-08 20:04:05| Footwear - Topix.net
U.S. stocks pared healthy gains Friday as consumer-discretionary stocks, mainly retail and apparel companies like Gap Inc. ,sank, shifting investors' focus to shaky coming quarterly results. Meanwhile, crude prices were enjoying their best rally since February, aiding a surge in energy companies and offering a countervailing force to the market's laggards.
Tags: wall
oil
gains
retailers
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