Pakistan-based vertically integrated denim business Soorty has launched the ‘Soorty Organic Cotton Initiative’ to pioneer the use of organic cotton farmed with regenerative practices in denim production.
Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer, said on Tuesday after facing criticism from the White House.
The euro zone economy is poised for up to five years of private consumption above pre-pandemic levels once Europe's households are able to spend freely again, a European Central Bank policymaker forecast on Tuesday.
Japanese household spending likely dropped in February from a year earlier, falling for a third straight month, a poll found on Friday, suggesting emergency coronavirus measures kept a lid on consumer expenditure.
New orders for U.S.-made goods fell in February, likely weighed down by unseasonably cold weather, though manufacturing remains strong as the economic recovery regains steam amid an improving public health situation.
Amazon has apologized to U.S. Representative Mark Pocan, admitting to scoring an "own goal" in its initial denial of his suggestion that its drivers were sometimes forced to urinate in bottles during delivery rounds.