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China’s wind energy sector is set to grow substantially by 2017, owing to the rapid increase in economy and surging electricity consumption as well as government support. China is rapidly emerging as the largest wind power market in the world. According to Angelika Pullen, spokeswoman for the Global Wind Energy Council, in 2009, the number of turbines installed in China surpassed the total number installed in Europe and could possess the   ... Read more
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UK Retail Sales to Remain Cause of Worry in Future
27 May, 2008
Although the UK retail sales balance moved in the upward direction last month, yet industry experts predict woes will scare the retail sales in future too. According to a monthly survey conducted by the Confederation of British Industry (CBI) for distributive trade, UK retail sales remained ...Read more

Small Growth in UK Retail Industry in 2008
05 May, 2008
UK retail sales grew only slightly during February 2008 due to rise in commodity prices and competition among retailers and supermarkets, according to BRC. According to the figures released by the British Retail Consortium (BRC), the British retail industry grew by 3.9% in February 2008, a ...Read more

US Retail Sales Dropped below the Predicted Value for the Month
02 May, 2008
The US retail industry failed to sustain its growth achieved in December last year and fell by 0.6% in February 2008 due to declining home prices and tight credit practices. According to the US Commerce Department, the US retail industry’s sale dropped significantly by 0.6% in February ...Read more

Vietnam Anticipating Huge Growth in Retail Sales
03 Mar, 2008
Vietnam is expecting huge growth in retail sales in 2008 as the government has lifted the restrictions from foreign players to operate as JVs in the Vietnam markets. Vietnam anticipates that its retail sales will grow by 20%, amounting to VND 875 Trillion (US$ 54.3 Billion) in 2008. The goal set ...Read more

Dull Prospects for the US Retail Sales in 2008
29 Feb, 2008
High gasoline prices and a housing market slump have taken a toll on the retail industry in the US as consumers cut down their spending on retail products. According to the Washington-based National Retail Federation (NRF), an industry retail group has predicted the slowest rate of increase in the ...Read more

Respite in Sight for Declining UK Retail Sales
28 Feb, 2008
Consumer spending in the UK fell sharply, sending retail sales plummeting to a new low but with banks lowering interest rates, the damage is likely to reverse in near future. A survey conducted by the Confederation of British Industry (CBI) revealed that the UK retail market experienced sharpest ...Read more

UK Retail Sales Declined to the Lowest Last Month
25 Feb, 2008
Retail sales in the UK sank to a new low in January 2008 due to the slowdown in the country’s economy as well as a drop in the housing prices. A survey conducted by the Confederation of British Industry (CBI) revealed that retail sales in January 2008 were the poorest in 14 months since ...Read more

European Retail Sales Declining Continuously: PMI
31 Jan, 2008
European retail sales fell for third month in a row in December 2007 due to rising inflation and declining sales of big retailers, forcing the European Bank to take corrective actions. The retail sale in Europe fell consecutively for third month in December 2007. Rising inflation dried up the ...Read more

Retail Sales in UK Picked Up in December
30 Jan, 2008
Retail sales in the UK experienced a boost during the holiday season in 2007 for a variety of reasons as retailers resorted to strategies of all kinds to tempt consumers to spend. Findings from MasterCard, the credit card company, indicate a 2.1% increase in retail sales month-on-month in December ...Read more

Strengthening Rupee Taking Toll on Indian Textile Industry
30 Jan, 2008
With the Indian rupee rising to new highs against the US dollar, the textile industry in India has been reeling under the impact with drastic job cuts and shrinking profits. The soaring value of the rupee took textile exporters in India by surprise in 2007 making it difficult for them to keep up ...Read more

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