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Richemont, Hermes slump on luxury malaise

Business & Finance : Business Report

The crisis in the global luxury-goods industry deepens after Hermes abandons a long-standing forecast and Richemont predicts a profit plunge. ||| Zurich - The crisis in the global luxury-goods industry deepened after Hermes Internat...

California home sales increase as prices continue their slump

Business & Finance : Money & Co

California home sales were up in February but median prices remained mired in the muck of a lackluster housing recovery.

Britain's steel industry is crumbling — even though UK demand for the metal is booming

Business & Finance : Business Insider: Clusterstock

Britain's steel industry is in crisis — but, paradoxically, a building boom in the UK is hoovering up the metal at a voracious rate. Last month saw the closure of two UK steel works that between them employed 3,000 people and Tata S...

Britain's manufacturing sector just entered a surprise slump for the first time in two years

Business & Finance : Business Insider: Clusterstock

UK industrial production missed expectations significantly in July, according to figures just out. Production slumped by 0.4% from June to July. Analysts had expected a 0.1% increase. That leaves industrial production up by just 0.8...

gE Blog Series: Global Mining Industry Part 1 - Industry Outlook

Business & Finance : Global Edge

It is no secret that the mining and metals industry is mired in a multi-year slump. Unfortunately, it looks as if this trend will continue into the foreseeable future. One major reason for this negative outlook is slowing economic g...


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