January 2017


American Apparel starts layoffs: sources

REUTERS: American Apparel LLC started to lay off staff on Monday, after Canada’s Gildan Activewear Inc withdrew its initial plan to buy some of the bankrupt U.S. fashion retailer’s manufacturing operations, people familiar with the…


Davos 2017: The great uncertainty

Klaus Schwab is not to blame. And the World Economic Forum, which he founded in 1971, isn’t to blame either. Not for the economic inequality in many societies, not for the growing fear of globalization,…







Norway’s Oslo Bans Diesel Cars

As of Tuesday, traffic of diesel cars will be banned in the Norwegian capital Oslo. The measure is taken in an attempt to stop severe pollution of the air in the city, reported BTA. The…