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Bangladesh power use grows as searing heat eclipses economic disruption

Bangladesh power use grows as searing heat eclipses economic disruption Repeats story from earlier in the day without changes By Sudarshan Varadhan and Gabrielle Ng SINGAPORE, Aug 12 (Reuters) - Bangladesh's electricity demand grew 7% over three weeks of deadly nationwide protests that disrupted industrial and commercial activity, data showed, as households cranked up air-conditioners to cool down amid searing heat.
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Bangladesh power use grows as searing heat eclipses economic disruption

Bangladesh power use grows as searing heat eclipses economic disruption By Sudarshan Varadhan and Gabrielle Ng SINGAPORE, Aug 12 (Reuters) - Bangladesh's electricity demand grew 7% over three weeks of deadly nationwide protests that disrupted industrial and commercial activity, data showed, as households cranked up air-conditioners to cool down amid searing heat.
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Global apparel companies with exposure to key supplier Bangladesh

FACTBOX-Global apparel companies with exposure to key supplier Bangladesh Adds details on factories reopening, Primark Aug 7 (Reuters) - The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season. The country has been gripped by violence since July, forcing Prime Minister Sheikh Hasina to resign on Monday and flee the country after hundreds of people we
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Bangladesh garment factories reopen after Sheikh Hasina's flight

UPDATE 1-Bangladesh garment factories reopen after Sheikh Hasina's flight Adds comments on impact from paragraph 5 By Sam Jahan and Tanvi Mehta DHAKA, Aug 7 (Reuters) - Garment factories in Bangladesh, forecast to account for 90% of the country's exports, reopened on Wednesday hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime Minister Sheikh Hasina this week.
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Bangladesh garment factories reopen after Sheikh Hasina's flight

Bangladesh garment factories reopen after Sheikh Hasina's flight By Sam Jahan and Tanvi Mehta DHAKA, Aug 7 (Reuters) - Garment factories in Bangladesh, forecast to account for 90 % of the country's exports, reopened on Wednesday hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime Minister Sheikh Hasina this week.
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Global apparel companies with exposure to key supplier Bangladesh

FACTBOX-Global apparel companies with exposure to key supplier Bangladesh Adds Carrefour, Canadian Tire, Target, Fruit of the Loom, Tapestry Aug 6 (Reuters) - The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season.
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Bangladesh becomes global firms' next big unknown

RPT-BREAKINGVIEWS-Bangladesh becomes global firms' next big unknown The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to fix hyperlinks. By Una Galani MUMBAI, Aug 6 (Reuters Breakingviews) - Global firms can add Bangladesh to their growing list of big unknowns. Protests may ease now Prime Minister Sheikh Hasina has resigned and fled the South Asian country home to 170 million people.
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Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds HSBC, Danone, Hugo Boss, updates Yandex Aug 6 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Cap
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Bangladesh becomes global firms' next big unknown

BREAKINGVIEWS-Bangladesh becomes global firms' next big unknown The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to fix hyperlinks. By Una Galani MUMBAI, Aug 6 (Reuters Breakingviews) - Global firms can add Bangladesh to their growing list of big unknowns. Protests may ease now Prime Minister Sheikh Hasina has resigned and fled the South Asian country home to 170 million people.
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Global apparel companies with exposure to key supplier Bangladesh

FACTBOX-Global apparel companies with exposure to key supplier Bangladesh Aug 5 (Reuters) - The current political unrest in Bangladesh is expected to disrupt the country's clothing industry, potentially affecting global apparel retailers from H&M to Zara as they head into the key holiday season. The country has been gripped by violence since July, forcing Prime Minister Sheikh Hasina to resign on Monday and flee the country after hundreds of people were killed in a crackdown on demonstrations de
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Overseas expansion paying off for UK clothing retailer Next

UPDATE 3-Overseas expansion paying off for UK clothing retailer Next Second-quarter full price sales up 3.2% Next had expected a fall of 0.3% Overseas sales online jump 21.9% Raises full year profit guidance by 20 mln pounds Shares up 8.5%, hit record high Recasts paragraphs 1-9 By James Davey LONDON, Aug 1 (Reuters) - A push by British clothing retailer Next NXT.L to expand overseas is starting to pay off, with strong international demand for its mid-priced goods helping it to beat sales foreca
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End of tax loophole risks dimming Shein's IPO appeal, investors say

ANALYSIS-End of tax loophole risks dimming Shein's IPO appeal, investors say By Helen Reid LONDON, July 26 (Reuters) - Moves by authorities in the European Union and elsewhere to end tax breaks for low-value parcels threaten Shein's profitability and risk denting the fast fashion retailer's long-term attractiveness ahead of its planned stock market debut, investors who focus on the sector said.
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Repsol And Iberia Sign Agreement With Inditex To Use 5% Of SAF For Transport Of Its Air Cargo

BRIEF-Repsol And Iberia Sign Agreement With Inditex To Use 5% Of SAF For Transport Of Its Air Cargo July 23 (Reuters) - Repsol REP.MC : SIGN AGREEMENT WITH INDITEX TO USE 5% OF SUSTAINABLE AIR FUEL (SAF) FOR TRANSPORT OF ITS AIR CARGO Further company coverage: REP.MC ICAG.L ITX.MC (Gdansk Newsroom)
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Spanish bus flips, gets wedged in tunnel entrance, injuring dozens

UPDATE 2-Spanish bus flips, gets wedged in tunnel entrance, injuring dozens Adds details, Inditex comment at paragraph 7 MADRID, July 16 (Reuters) - A bus carrying workers of the Inditex ITX.MC clothing company flipped over and got wedged in an almost vertical position at the entrance of a highway tunnel in northeastern Spain on Tuesday, injuring dozens of people, authorities said.
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Freak bus accident in Spain's Catalonia injures dozens

Freak bus accident in Spain's Catalonia injures dozens MADRID, July 16 (Reuters) - A bus carrying Inditex ITX.MC workers crashed on Tuesday and got stuck at the exit of a tunnel in an almost vertical position in Pineda de Mar, 75 miles from Barcelona, injuring dozens and leaving three people in critical condition, authorities said. The bus was travelling between Barcelona and Tordera in Spain's northeastern region of Catalonia where the owner of Zara fashion brand has a plant, Xavier Amor, mayor
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Safwat Kaliouby Group July 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1955 GMT on Tuesday: ** Egypt's Safwat Kaliouby Group (SKG) holding company and Emirati KSH Investment Company have signed a 24 billion Egyptian pound ($500 million) deal for a real estate project on the Nile in Cairo, Egyptian state news agency MENA reported.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Inditex, Fibra Macquarie, Michael Best & Friedrich July 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1 8 :00 GMT on Tuesday: ** French cybersecurity firm Exclusive Networks EXN.PA said it has received a non-binding buyout offer from a group of investors led by Clayton Dubilier & Rice (CD&R) and Permira for around 2.2 billion euros ($2.38 billion), confirming media reports.
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Inditex buys stake in U.S. sustainable agriculture startup Galy

UPDATE 1-Inditex buys stake in U.S. sustainable agriculture startup Galy Adds context and comments from Inditex CEO on some investors demands from paragraph 3 MADRID, July 9 (Reuters) - Zara owner Inditex ITX.MC has bought a stake in the U.S.-based sustainable agriculture startup Galy as part of its strategy to invest in the sustainable economy, its CEO, Oscar Garcia Maceiras, said on Tuesday.
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Inditex buys stake in U.S. sustainable agriculture startup Galy

Inditex buys stake in U.S. sustainable agriculture startup Galy MADRID, July 9 (Reuters) - Zara owner Inditex ITX.MC has bought a stake in the United States-based sustainable agriculture startup Galy as part of its strategy to plug money into the sustainable economy, its CEO, Oscar Garcia Maceiras, said on Tuesday. "Today, we are disclosing that we have entered the capital of Galy, a startup founded in 2019 in the U.S., which is developing an innovative process to produce cotton in laboratories
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Shein would lose all its shine in a Hong Kong IPO

BREAKINGVIEWS-Shein would lose all its shine in a Hong Kong IPO The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add index codes. By Una Galani MUMBAI, July 2 (Reuters Breakingviews) - As geopolitics deteriorate, capital is becoming less global. For fast-fashion giant Shein, it means the destination for its initial public offering will make a big difference to its fortunes.
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