Wednesday 6 November 2024
 
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US market

US plastic composite, lumber market to hit $6bn

US demand for wood-plastic composite (WPC) and plastic lumber is forecast to advance 6.9 percent per year to $5.9 billion in 2020, according to a new study from The Freedonia Group, a Cleveland-based industry research firm. Contin

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Iran nuclear deal could revive trade in Persian rugs to US

Alex Helmi, surrounded by Persian carpets stacked waist-high at his store in the so-called Persian Square section of Los Angeles, US, has been blocked from importing rugs from Iran since the US imposed sanctions in 2010. Helmi has

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Electrolux buys GE Appliances for $3.3bn

Sweden's Electrolux said it had agreed on its biggest ever deal, buying General Electric's appliances business for $3.3 billion in cash to boost its presence in North America and take on rival Whirlpool. "GE's premium,

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Electrolux buys GE Appliances for $3.3bn

Sweden's Electrolux said it had agreed on its biggest ever deal, buying General Electric's appliances business for $3.3 billion in cash to boost its presence in North America and take on rival Whirlpool. "GE's premium,

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Dubai hotels occupancy up 78pc in July

The hotel sector continues to be the best performing of the Dubai real estate market achieving an average occupancy rate of 78 per cent in July, according to a new report by property expert Jones Lang LaSalle (JLL) Mena. The growth has bee

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