NEW YORK — When Martin Rawls-Meehan started making adjustable beds in 2004, it was a foregone conclusion that key parts would be made overseas. It was cheaper to manufacture in Taiwan than in the U.S. And from Taiwan it was easier to ship to customers in Asia. But this year, his company, Reverie, began making […]

Key benchmark indices edged lower as weakness in European markets weighed on sentiment adversely. Weak Q4 Results announced during market hours today, 22 May 2013 by engineering and construction major, L&T also dampened sentiment. L&T tumbled nearly 6% after reporting poor Q4 results. The barometer index, the S&P BSE Sensex and the 50-unit CNX […]

Author: Dave Alberts, Director, Crimson & Co Creating an optimised global supply chain with appropriate outsourcing can provide significant cost benefits, create the platform for access to emerging markets, and enable global opportunities. That’s the theory – but an almost singular focus on lowering costs has meant that opportunities to leverage flexible resources, create innovation […]

European shares opened lower in the early trading as investors eagerly await a Fed statement on the future of its bond-buying programme. The pan-European FTSEurofirst 300 retreated 0.1% in early deals. The UK’s FTSE 100 fell 0.1%, while France’s CAC 40 and Germany’s DAX fell 0.3% and 0.1% respectively. Spain’s IBEX […]