Yves Rossy, who calls himself "Jetman", is poised to make the first intercontinental flight powered by a jet-pack when he attempts to fly across the Strait of Gibraltar from North Africa to Europe on Wednesday...

THE Rapaport Diamond Trading Network -- an overseas-based global network of companies that supports the development of free, fair and competitive global diamond markets -- said yesterday it had banned trading of diamonds from Zimbabwe's Marange fields because of severe

THE public debate between the South African Communist Party (SACP) and the African National Congress Youth League over nationalising mines rages on, despite efforts to keep it in-house.

The Rapaport Group and the RapNet Diamond Trading Network have implemented an immediate trading ban on all diamonds from Zimbabwe's Marange diamond fields due to severe human rights violations. As Marange rough diamonds are uniquely identifiable, the ban does not

JUNIOR miner Central Rand Gold (CRG) said yesterday the Financial Services Board (FSB) had rejected a complaint by its 26% empowerment partner, Puno Gold Investments, that CRG had issued false information to its investors.

Chinese workers making shoes and other products for Wal-Mart are working in "sweatshop conditions" because of the retailer's pressure on suppliers' prices, says a new report.

Despite fears that companies might cast aside their social scruples during the recession as they battle for business and, in many cases, their very survival, some firms are taking steps to show that social commitment is not simply a matter

China's footwear suppliers are expecting strong sales growth in the next 12 months and are working to improve operating efficiency and lower costs as price competition intensifies, a new report says.

The Indian government yesterday (25 November) rejected local industry calls to ban cotton exports to try to stabilise yarn and fabric prices, saying there are sufficient cotton stocks in the country.

International Brand Licensing Plc is planning to sell off its Admiral and Muscle Athletic sports and fashion brands and switch its entire business focus onto the medical diagnostics industry.

Organisers of the ITMA trade show are broadening its reach to include technologies for garment making, alongside its more traditional focus on the textile sector.

British fashion retailer Alexon Group Plc today (26 November) posted a 14% drop in third-quarter like-for-like sales, and says it expects margins to take a hit from tough competition on price over Christmas and into the January sales.

Black Friday is upon retailers once more, and while a return to profitability is unlikely for many after a tough 2009, the one-day sales bonanza presents a last-ditch opportunity ahead of the holiday season. Joe Ayling reports.

German sporting goods firm Adidas is following in the footsteps of mail order giant Otto Group by setting up a social business model in Bangladesh that will create local jobs and operate on a non-profit basis.

Plans by sports apparel and footwear maker Adidas to shift production of National Basketball Association (NBA) jerseys away from a New York-based supplier to a factory in Thailand have drawn angry comments from a New York Democratic senator.

Summertime time does not cause one to worry much about heating, but as long as you are used to your hot showers with no other alternatives, you might be

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Biofuels Digest south Asia correspondent Joelle Brink writes with an analysis of the controversy over Indian oil companies not reaching their mandated E5 ethanol blend requirements. "The background to this is that India is importing oil at a high price

In the UK, another Bloody Christmas looms at D1 Oils, as the company issued an extraordinary response to a proposal by its investor Principle Capital for "an immediate cessation of all activities to develop the Company's business, and seeking, by

Today, the United States celebrated its annual day of Thanksgiving — a time to reflect on bounteous harvests recorded in many parts of the world — including the critical corn harvest in the United States and sugarcane harvest in Brazil.Not