The mainland company Unigroup's investment in Taiwan's semiconductor industry is purely commercial and should not be politicized, a mainland official said Wednesday. Unigroup, controlled by the prestigious Tsinghua University, is buying ...
Tags: Unigroup, semiconductor
The cash price for CARBOB gasoline in Los Angeles, California, climbed 14 cents/gal Wednesday, supported by nearly 1 million b/d of refinery capacity affected by unplanned maintenance issues. Los Angeles CARBOB was assessed at NYMEX ...
Tags: CARBOB gasoline, Unleaded gasoline
Qiandongnan's Xijiang village, the country's largest ethnic Miao community. WANG KAIHAO/CHINA DAILY It is like taking a walk back in time. Women from the Dong ethnic group in the 800-year-old Huanggang village are dyeing shiny traditional ...
Tags: Traditional Villages, Preserve
In a strongly worded statement late Wednesday, Visa called on the world's premier soccer organization to "take swift and immediate steps" to clean up its act. Adidas (ADDDF) called on FIFA to raise its standards. The Adidas Group is fully ...
Tags: Football Sponsors, Adidas
Shanghai's new home market continued to grow last week with increases seen in transactions and supply, according to latest market data. The area of new homes sold, excluding government-funded affordable housing, jumped 24.7 percent to ...
Tags: new home market, Shanghai
With the approaching Christmas holiday and the typical seasonal construction slowdown, buyers are expecting US rebar prices to remain largely flat through year-end. "Our fabrication division is staying very busy and is not wrapping up by ...
A recent CNET report has noted Philips Hue latest operation software update in the form has ousted third-party smart bulbs, due to interoperability issues. The Philips Hue operating software update to version 1.11, released for first and ...
Century Aluminum is proposing to continue operating its 224,000 mt/year Mt Holly smelter in South Carolina at 50% capacity even as the company on Monday began shutting down the first potline in a dispute with its longtime electricity ...
Tags: Century Aluminum, electricity
China Petroleum and Chemical Corp., or Sinopec, has reduced its North China toluene ex-factory offers by Yuan 200/mt ($30.97/mt), or about 4%, Tuesday, amid weakness in demand and the yuan, an industry source said. Its North China ...
Nike has spent $380 million on the expansion of its headquarters, and hired over 2,000 new employees there, the Portland Business Journal reported. Last week, Nike’s general counsel informed Gov. Kate Brown that the sportswear ...
Tags: Nike, Headquarters expansion
Russia is against an increase in global crude production, rather than favouring a reduction, and remains pessimistic about the possibility of Moscow and Riyadh reaching a production coordination deal, Russia's energy minister Alexander ...
Tags: crude production, OPEC, oil prices
Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
Online search giant Baidu Inc said on Monday that it has set up a new business unit to spearhead its automobile efforts and plans to put self-driving cars on the roads in the next three years. The Beijing-based company, which successfully ...
Congestion at most Chinese ports has eased further over the past week due to a general improvement of the weather, a port agent source said Wednesday. Dense fog, strong winds, heavy rain and snow made several China ports close from time ...
Tags: Capesize Vessels, Iron Ore
World leaders gathered in Paris last week for the 21st UN climate conference, known as COP21. At the meeting, U.S. Energy Secretary Dr. Ernest Moniz highlighted several solutions to reduce carbon emissions, including launching a Climate ...