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Ashok Leyland's Total Sales in December Declined 19% YoY to 7,299 Units Amid

Jan 5, 2013

Commercial vehicle maker Ashok Leyland's total sales in December declined 19%YoY to 7,299 units amid continued sluggish demand for medium and heavy trucks. Sales of its small truck Dost accelerated 88%to 2,069 units,last ...

Tags: Ashok Leyland, Sales, Commercial vehicle

Global Stock Markets Surged Almost 2.0%

Jan 5, 2013

Reuters reported that global stock markets surged almost 2.0%and commodity prices rallied yesterday after US legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into ...

Tags: Saudi Market, Rallies, Fiscal Deal

The CIS Steel Mills Planned to Raise The Export Quotes of Pig Iron

Jan 5, 2013

YIEH reported that the CIS steel mills planned to raise the export quotes of pig iron after the New Year holiday,driven by higher prices of scraps and iron ore. It's said that the Ukrainian mills planned to raise the pig iron export ...

Tags: Iron Export, Offers, Russian

Rourkela Steel Plant Signed an MoU with Akshaya Patra Foundation

Jan 5, 2013

PTI reported that Rourkela Steel Plant signed an MoU with Akshaya Patra Foundation for a project to provide mid day meal to about 45,000 school students from Lathikata and Bisra blocks as well as Rourkela Municipality. RSP sources ...

Tags: School Children, Foundation, CEO of RSP's

Silver Lake Resources Has a New Substantial Shareholder in The Blackrock Group

Jan 5, 2013

Silver Lake Resources has a new substantial shareholder in the Blackrock Group,which holds 11.47 million shares or a 5.01%interest in the company. Blackrock had acquired 8.9 million of its shares for about USD 39.7 million between ...

Tags: Crafts, Blackrock, Substantial Shareh

The Country Will Aim for an Economic Growth of Over 3.5 Percent in 2013

Jan 5, 2013

Ukrainian Prime Minister Mykola Azarov said Thursday that the country will aim for an economic growth of over 3.5 percent in 2013,compared with 1 percent in 2012,according to Xinhua.The prime minister made the forecast on the country's ...

Tags: Macroeconomic, Indicators, Crafts

Consumers Can Now Buy Hershey's Bliss Chocolates Made with 100 Percent Certified Cocoa

Dec 31, 2012

Consumers can now buy Hershey's Bliss chocolates made with 100 percent certified cocoa. The rollout of certified Hershey's Bliss chocolates builds on The Hershey Company's programs in West Africa to increase the income and livelihoods of ...

Tags: Bliss Chocolates, Packaging, Chocolates

The Industrial Profits of Enterprises Above Designated Size Achieved 4,662.5 Billion Yuan

Dec 31, 2012

From January to November, the industrial profits of enterprises above designated size achieved 4,662.5 billion yuan, a year-on-year increase of 3.0 percent. In November, the industrial profits of enterprises above designated size achieved ...

Tags: industrial profits, industrial enterprise, economy, business

Uttam Galva Group Would Turn Around The Fortunes of The Acquired Company

Dec 29, 2012

Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...

Tags: Lloyds Steel, Economic

CITI Has Ended Rival UBS's 11-Year Streak at The Top of The Stockbroking Heap

Dec 29, 2012

CITI has ended rival UBS's 11-year streak at the top of the stockbroking heap, as brokers warn that an imminent uptick in market activity is unlikely after the worst year since 2005. "I would say next year will be similar to this year in ...

Tags: CITI, an imminent uptick, stockbroking heap

Essar Foundation Will Provide Medical Aid to Over 10,000 Heads of Cattle

Dec 28, 2012

Business Line reported that Essar Foundation will provide medical aid to over 10,000 heads of cattle through vaccination camps and public awareness programs in 10 villages surrounding the Vadinar refinery in Jamnagar district of Gujarat. ...

Tags: Essar Foundation, Agriculture, financial loss

$125mn Loss Is Planning to Punjab Textile Sector From Energy Crisis

Dec 28, 2012

APTMA spokesman has said that textile industry in Punjab has incurred production loss of $125 million since disconnection of electricity and gas supply over the last five days. The textile industry in Punjab is losing $25 million a day ...

Tags: APTMA, textile industry, spokesman, energy

Money Managers Boosted Net Length in NYMEX Crude for The Reporting Week Ending December 18

Dec 28, 2012

Money managers boosted net length in NYMEX crude for the reporting week ending December 18, as front-month crude futures received a slight boost. The increase in net length came as money managers increased longs by 3,457 lots, while ...

Tags: NYMEX, crude futures, net length, economy

in January 2013 Ukraine's Crude Steel Production Will Increase by 2.7%

Dec 28, 2012

According to the Ukrainian association of metal producers Metallurgprom, in January 2013 Ukraine's crude steel production will increase by 2.7% compared to November this year to 2.760 million tonnes. According to Metallurgprom's forecast, ...

Tags: crude steel output, crude steel, metal producers, steel

The Gross Domestic Product Per Capita in Luxembourg1 Was More Than Two and a Half Times

Dec 28, 2012

In 2011, the Gross Domestic Product per capita in Luxembourg1, expressed in purchasing power standards2 (PPS), was more than two and a half times the EU27 average. The Netherlands, Ireland, Austria, Sweden, Denmark and Germany were between ...

Tags: GDP, purchasing power, Individual Consumption, welfare situation