Calhoun-based Mohawk Industries said it lost $127.6 million in the fourth quarter and $1.45 billion for all of 2008, capping a dismal year for the carpet and flooring industries. SIP Conferencing/Collaboration Learn more, download free white paper. Mohawk, which reported the loss after the close of markets Monday, blamed the loss on ...

Clothing manufacturer Pacific Brands said Wednesday it would cut 1,850 jobs in Australia after reporting a first-half loss of 150 million Australian dollars (98 million US). The company, whose brands include Bonds, Jockey, Clarks and Dunlop, said it would close most of its Australian clothing and manufacturing operations, making about 21 ...

An organisation for the business executives working in different national and multinational sectors around the country The Executive Club Ltd was launched on Saturday in Dhaka. The Club was formally inaugurated by the club's president Md Mizanur Rahman in presence of a group of executives from public and private organisations. The club ...

Export Promotion Bureau (EPB) received spot orders of US$ 3,85,000 at the Madrid International Fashion Fair held in the Spanish capital from February 12 to 14. Bangladesh for the first time participated in an specialised fair on the RMG fashion products. The fair is one of the three leading trade fairs ...