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Wal-Mart stops selling Egyptian cotton sheets made by India’s Welspun

September 10, 2016 by · Leave a Comment 

Wal-Mart Stores Inc on Friday said it will stop selling Egyptian cotton sheets made by Welspun India after the Indian manufacturer was unable to assure them the products were authentic. Last month, U.S. retailer Target Corp severed ties with Welspun after accusing them of passing off cheap sheets as premium Egyptian cotton for two years. “Welspun has not been able to assure us the products are 100 percent Egyptian

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Wal-Mart stops selling Egyptian cotton sheets made by India’s Welspun

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Hanjin Shipping gets U.S. court order, cash to unload ships

September 10, 2016 by · Leave a Comment 

South Korea's Hanjin had asked U.S. Bankruptcy Judge John Sherwood to issue an order to prevent creditors from seizing Hanjin ships or property, and to allow cargo owners to make arrangements to retrieve goods stranded in warehouses. Earlier, the company received authority to spend money needed to dock at U.S. ports and begin unloading four vessels that have been stranded …

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Hanjin Shipping gets U.S. court order, cash to unload ships