Almost 10 years ago, Priviet Sportive SL was losing business to Chinese suppliers. These days, the Spanish clothes designer is snatching orders back as falling wages at home let it produce garments at a lower cost.
Turkey’s legal morass thickened after a prosecutor said Prime Minister Recep Tayyip Erdogan’s government is obstructing a graft probe by preventing detentions, disobeying court orders and allowing suspects to flee.
Turkish Prime Minister Recep Tayyip Erdogan tapped loyalists to rebuild his cabinet and fight a deepening corruption scandal that claimed its first victims from his inner circle and sent markets plunging.
The cotton harvest in India, the second-biggest producer and shipper, may be less than forecast if monsoon rains last longer than normal, according to the Confederation of Indian Textile Industry. Futures advanced.