The price of gold weakened on Monday after data showed a crimping of demand from top importer China. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery fell through the psychologically important ...
Tags: Gold Price, Housing Market
Bayer AG may be eying the sale of its $10 billion plastics unit in order to better focus on its healthcare business,? according to Bloomberg. Bayer MaterialScience, the North American headquarters for the business unit, is based in ...
Tags: Bayer, Electrical, Electronics
Due to the surging demand for rooftop solar panels from the U.S. to Japan, investment in clean energy rose by 9% in the first quarter comparing to the same period in 2013, says Bloomberg. Bloomberg New Energy Finance (BNEF) indicated ...
Tags: Solar Power, LED Clean Energy
Mondelez International has unveiled plans to establish a new manufacturing facility in Novosibirsk region, Russia, with an investment of $110m. The company is pursuing its expansion plans in the region despite increasing geopolitical ...
Private investor Agri-Vie is reportedly seeking to invest in Nigerian food companies, as the African country tries to reduce its dependence on oil and lower imports. Cape Town, South Africa-headquartered firm plans to invest in food ...
Tags: Agri-Vie, Nigerian food companies
American milk producers are enjoying a windfall thanks in part to surging exports to China, Bloomberg reported, citing US Department of Agriculture (USDA) data. While the average farm will see a 21% drop in net-cash income in 2014, dairy ...
Tags: Milk Demand, US Dairy Profits
Toshiba has said it plans to sign at least three partnerships over the next year to manufacture LED lighting fixtures in Europe. The move could bring a significant boost its presence in Europe. The manufacturer, which already makes ...
U.S. manufacturers saw a rebound last month as production grew by the most in six months, according to a report from Bloomberg. American factories produced more cars, chemicals and business equipment, fueling a 0.8 percent increase as the ...
Tags: cars, chemicals, business equipment
The U.S. trade deficit was little changed in January as imports and exports grew, the Commerce Department reported March 7. The gap between imports and exports rose 0.3% to $39.1 billion, from $39 billion in December. The trade deficit ...
Tags: Trade Deficit, Economy
British-Dutch multinational company Unilever is looking at options to sell its Ragu pasta sauce brand for $2bn. The company has appointed Morgan Stanley to manage the sale process, reported Bloomberg citing sources familiar with the ...
Tags: Unilever, Ragu Sauce Brand
The rally in the gold price lost some steam on Wednesday, after traders booked profits from the metal's strong showing in February and a stronger dollar curbed demand. In lunchtime trade on the Comex division of the New York Mercantile ...
Tags: Gold Market, Precious Metals
Orders for durable goods declined in January, the Commerce Department reported. Orders for products meant to last more than three years fell 1%, which followed a 5.3% decline in December. The smaller decline from January to December ...
Tags: durable goods, Transportation, Transport
The U.S. economy increased at a revised 2.4% annual rate in the fourth quarter, down from an originally reported 3.2% gross domestic product figure, the Commerce Department reported. The reading was lower than economists' median forecast ...
Tags: Transportation
Japanese automaker Honda Motor is set to stop the production of its hybrid vehicle, Honda Insight, due to declining sales. Earlier in November 2013, the carmaker announced that it will discontinue the production of Insight in February ...
Tags: Honda Motor, automaker, hybrid vehicle
Cross section of bioprinted human liver tissue showing hepatocytes (blue nuclei), endothelial cells (red), and hepatic stellate cells (green). (Courtesy Organovo Holdings Inc.) The discovery that living tissues could be built up using a ...
Tags: Organovo, 3-D printer