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  • NEW YORK— EveryWare Global Inc., the company behind Oneida and Anchor Hocking plates, forks and spoons, said Wednesday that it is has filed for Chapter 11 bankruptcy protection as part of a prepackaged deal with lenders that will enable it to stay in business. The company has $380.4 million in liabilities and $237.8 million in assets, according to court filings.

  • Race to the bottom: Cotton vs polyester prices Tuesday, 7 Apr 2015 | 6:15 AM ET

    By Henning Gloystein SINGAPORE, April 7- Bulging cotton inventories in China and slumping oil markets have triggered a race to the bottom between cotton and polyester prices. Futures prices in China, both the world's largest producer and importer, are also down a third. That significantly reduced U.S. exports to China, and added supply to a global cotton market...

  • *Volvo, Asos, SABMiller among firms pursuing natural hedges. Last month it announced plans to build a $500 million plant in the United States, looking past the dollar's current strength to build in a longer-term protection. "We're eliminating short-term currency fluctuations, which are never good for long-term commitment to customers in different regions, and...

  • *March job gains smallest since December 2013. WASHINGTON, April 3- U.S. employers added the fewest number of jobs in more than a year in March, the latest sign of weakness in the economy and one likely to further delay an anticipated interest rate increase by the Federal Reserve. Nonfarm payrolls rose 126,000 last month, less than half February's pace and the...

  • WASHINGTON, April 1- U.S. private employers added the smallest number of workers in more than a year in March and factory activity hit a near two-year low, fresh signs that economic growth slowed significantly in the first quarter. "The economy hit yet another rough spot in the first quarter... which is one of many factors that will make it difficult for the Fed to...

  • WASHINGTON, April 1- U.S. private employers added the smallest number of workers in more than a year in March and factory activity hit a near two-year low, fresh signs that economic growth slowed significantly in the first quarter. Activity braked in the first quarter, held back by bad weather, a strong dollar, weaker overseas demand and a now-settled labor dispute...

  • CHICAGO, March 30- Amazon.com Inc is launching a home services marketplace that will connect customers with electricians, plumbers and painters in a move to have its services tied to every product sold on its website. "Third party estimates show that customers spend four times more on services each year than they do on physical products," Peter Faricy,...

  • Hong Kong retail rents drop as Chinese shoppers stop Sunday, 29 Mar 2015 | 7:30 PM ET

    HONG KONG, March 30- A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York's Fifth Avenue to become the world's most expensive retail real estate. Spooked by months of cross-border tensions and pro-democracy protests, tour groups visiting Hong Kong...

  • WASHINGTON, March 27- U.S. economic growth cooled in the fourth quarter as previously reported and after-tax corporate profits recorded their biggest drop since early 2011, as a strong dollar dented the earnings of multinational corporations. Gross domestic product expanded at a 2.2 percent annual rate last quarter, the Commerce Department said on Friday...

  • TOKYO, March 26- Japanese electronics supplier Panasonic Corp said it was ready to spend 1 trillion yen on acquisitions over the next four years, emboldened by a stronger profit outlook for its automotive and housing technology businesses. Chief Executive Kazuhiro Tsuga said at a briefing on Thursday that Panasonic doesn't have specific acquisition...

  • LONDON/ NEW YORK, March 26- Anheuser-Busch InBev, the world's largest brewer, is close to proposing JAB Holding Chief Executive Olivier Goudet as its next chairman, according to four sources familiar with the matter. Goudet, born in 1964, has served as chief financial officer of US confectionery giant Mars Inc. Since June 2012, he has been partner and CEO of JAB...

  • WASHINGTON, March 25- U.S. business investment spending plans fell for a sixth straight month in February, likely weighed down by a strong dollar and weak global demand, leading economists to further lower their first-quarter growth estimates. The Commerce Department's durable goods report on Wednesday was the latest data to suggest economic growth braked...

  • WASHINGTON, March 25- U.S. business investment spending plans fell for a sixth straight month in February, likely weighed down by a strong dollar and weak global demand, which could lead economists to further lower their first-quarter growth estimates. The Commerce Department's durable goods report on Wednesday was the latest data to suggest economic growth...

  • LONDON, March 17- A 15 percent rally in European shares this year has driven valuations to seven-year highs, leading investors to seek whatever bargains are left in distressed sectors such as banks and mining. The rally, fuelled by the European Central Bank's asset-purchase progamme, has pushed the average price-to-book multiple on the STOXX Europe 600 index...

  • March 16- Procter& Gamble Co is exploring a sale or initial public offering of some of its beauty brands in a single deal, Bloomberg reported, citing people with knowledge of the matter. The maker of Pantene shampoo and Olay skin care is working on the plan with its advisers, but has not finalized details, including which products will be sold, Bloomberg said.

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring with higher levels of formaldehyde than permitted under California's health and safety standards, according to television news program "60 Minutes." CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida, Texas, Illinois and New...

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring containing levels of formaldehyde that were higher than those permitted under California's health and safety standards, according to television news program "60 Minutes". CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida,...

  • MEXICO CITY, Feb 23- Mexico has reached deals totaling around $300 million with two multinational companies following a probe into possible tax avoidance, the head of Mexico's tax authority said on Monday. In September, Reuters revealed that two companies at the heart of the probe were world No. 2 toymaker Hasbro Inc and No. 1 household product maker Procter&...

  • BOSTON, Feb 13- A massive effective devaluation of Venezuela's bolivar currency will likely badly dent 2015 earnings at a swath of major U.S. companies. Currently those assets are valued based on the main official rate of 6.3 bolivars to the dollar, or a second rate at 12 bolivars. Some companies, such as diapers and tissue maker Kimberly-Clark Corp, had recently...

  • CARACAS, Feb 13- Venezuelans puzzled over the impact of a complicated currency devaluation and fretted that dire product shortages in the OPEC nation's recession-hit economy would not go away. President Nicolas Maduro's socialist government this week launched a 70 percent devaluation via a new "free floating" currency system known as Simadi, the third of...