Wed, 08 Feb 2012 19:50:01 +0100 (Reuters) - A woman sews at the Lameirinho textile plant in Guimaraes January 31, 2012. Portugal, Western Europe's poorest country, is in its deepest recession since the few turbulent years after the return of democracy in 1974. It was forced into an EU/IMF bailout last year, unable to service its debts and its firms starved of funding. Even before the euro zone debt crisis, the textile sector, a mainstay of Portugal's economy, had been hammered by cheaper competition from Asia, changes to the European Union's customs regime and weak domestic demand. Over the past decade, it shed nearly a third of its output and 36 percent of jobs. Picture taken January 31, 2012. To match Analysis PORTUGAL-TEXTILES/ REUTERS/Rafael Marchante (PORTUGAL - Tags: BUSINESS TEXTILE INDUSTRIAL EMPLOYMENT)
Head of Trigema textile firm Wolfgang Grupp arrives at a business ...
Wed, 11 Jan 2012 21:40:02 +0100 (Reuters) - Head of Trigema textile firm Wolfgang Grupp arrives at a business forum of the German daily Die Welt in Berlin, January 11, 2012. REUTERS/Thomas Peter (GERMANY - Tags: BUSINESS HEADSHOT)
Labourers work at a yarn weaving plant of the Ha Nam textile ...
Wed, 04 Jan 2012 10:40:02 +0100 (Reuters) - Labourers work at a yarn weaving plant of the Ha Nam textile company in Phu Ly city, about 60 km (37 miles) south of Hanoi January 4, 2012. Vietnam's export of textiles and garments last year jumped 25 percent from 2010 to $14.03 billion, making it the biggest export item of the country, government statistics show. REUTERS/Kham (VIETNAM - Tags: BUSINESS TEXTILE)
A man sorts offcuts of fabric that will be sold to textile factories ...
Tue, 27 Dec 2011 11:30:02 +0100 (Reuters) - A man sorts offcuts of fabric that will be sold to textile factories before being recycled, in the outskirts of Faisalabad, December 27, 2011. REUTERS/Fayyaz Hussain (PAKISTAN - Tags: BUSINESS EMPLOYMENT TEXTILE)
An employee pushes a box at a textile factory in Yiwu, Zhejiang ...
Thu, 01 Dec 2011 04:10:02 +0100 (Reuters) - An employee pushes a box at a textile factory in Yiwu, Zhejiang province, November 30, 2011. China's factory sector shrank in November for the first time in nearly three years, an official purchasing managers' index (PMI) showed on Thursday, underlining the central bank's move to cut bank reserve requirements to shore up the economy. Picture taken November 30, 2011. REUTERS/Carlos Barria (CHINA - Tags: BUSINESS EMPLOYMENT TEXTILE)
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