Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
UK-based rigid plastic packaging provider RPC Group has selected Kyriba to provide its Kyriba Enterprise SaaS (Software-as-a-Service) treasury management system. The system will enable RPC to improve its cash visibility, reduce ...
Tags: RPC, Kyriba Enterprise SaaS, Packaging
Turkey continues to take steps toward increasing its own security of supply, as energy use is expected to double by 2023, triggering a requirement for around 100 GW of capacity, although market participants said the current "crisis" in the ...
Tags: Gas Market, Gas plant
US over-the-counter thermal coal prices closed mixed on Monday, with only a handful of trades seen trading in the session. Barged Central Appalachian thermal coal rose 25 cents/st along the 2014-2015 curve, while CAPP rail (CSX) prices ...
Tags: Coal Prices, thermal coal
The World Gold Council will host a "discussion forum" starting July 7 regarding the future of the London gold pricing mechanism, the industry body said Wednesday. "The first meeting will be held July 7 in London. The Financial Conduct ...
Tags: London Gold Fix, Gold
Miner Rio Tinto is to change the basis for the iron ore lump premium in its quarterly iron ore term contracts with Chinese mills to one based on a monthly average of weekly Platts spot lump assessments, from a fixed premium level set on a ...
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
Stockholm-listed Dannemora Mineral AB, the group that restored the Dannemora iron ore mine in the southeast of Sweden back to production to supply the steel industry, said Tuesday it had applied for a Swedish version of Chapter 11 ...
Tags: Iron Ore, Steel Industry
The Philippines' statistics office released data on March exports on Friday. Total exports Mar Feb Jan Dec Nov Oct yr/yr change (pct) 11.2 11.6 9.2 15.8 18.9 14.0 in $ bln 5.23 4.66 4.38 4.6 4.29 5.03 mth/mth change (pct) 12.2 6.3 -4.8 ...
Tags: Electrical, Electronics
The Singapore Exchange (SGX) will launch two coking coal swaps contracts in July settled against prices produced by The Steel Index (TSI), to capitalize on growing interest in steel raw materials derivatives, the exchange said in a ...
Tags: Coking Coal, coking coal futures
As of May 6, inventory of iron ore at 33 major Chinese ports amounted to 108.95 million mt, up 640,000 mt or 0.59 percent compared to the inventory level recorded on April 28, as announced by China's Xinhua News Agency. As of the same ...
Tags: Iron Ore, Chinese Ports
The volume of US natural gas traded during bidweek is poised for its fourth straight year-on-year decline as banks and other large players pull back from the monthly baseload market, according to a Platts examination of ...
Tags: Natural Gas, physical deals
The Asian naphtha industry agreed Thursday that carbon disulfide, or CS2, levels in the light distillate have to be reported for cargoes originating from Sikka, India, and those from Western arbitrage flows into the region. Currently, ...
Tags: Naphtha Industry, Carbon Disulfide
PPG Industries reported record first quarter 2014 net sales from continuing operations of $3.6 billion, up $528 million, or 17 percent, versus the prior year. First quarter 2014 reported net income from continuing operations was $277 ...
Tags: PPG, Construction, Decoration
India Ratings & Research (Ind-Ra) has revised the outlook on the cotton sector to negative to stable for FY15 from negative. The agency has also revised the rating Outlook on cotton companies to Stable for FY15 from Negative. This is ...
Tags: Cotton Sector, Ind-Ra