The global aluminium market is forecast to shift to deficit from surplus this year, HSBC said Monday in its Metals Quarterly report for the second quarter of 2014. "The acceleration of cuts and deferrals in markets outside China has ...
Tags: Aluminium Market, aluminium
Hain Celestial, a US-based organic and natural products maker, has acquired Rudi's Organic Bakery, an organic and gluten-free company with facilities in Boulder, Colorado, for $61.3m. Under the its Organic Bakery and Gluten-Free Bakery ...
Tags: Agriculture, Food
In late 2013, PACCAR started production of vocational trucks, Kenworth T880 and Peterbilt Model 567. Truck manufacturer PACCAR announced a 16-percent increase in profit in the first quarter of 2014 and predicts higher sales for the ...
Tags: Paccar, Transportation, Auto, Truck
U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil, and most of the world’s other major economies. So says a new private study, which found that rising wages and higher ...
Tags: Chinese electricity
The flatbed Pennsylvania-based carrier PGT Trucking has signed a letter of intent to purchase Kelworth Trucking, another flatbed carrier operating in Canada and the U.S PGT signed a letter of intent to purchase the Oklahoma-based ...
Tags: PGT Trucking, Kelworth Trucking
American automaker Chrysler Group has issued a voluntary recall for 159 units of its Ram 1500 4x4 pickup trucks in the North America due to a problem in the transmission. The recall includes 2014 model Ram 1500 pickup trucks, which were ...
Canada’s Skilcor Food Products is recalling nearly 36 pounds of fully cooked pork baby back ribs in honey garlic barbeque sauce as they were not presented at the US-Canadian border for import inspection. According to the US ...
Tags: Food Products, Baby Back Ribs
Speakers at a high-level event to commemorate One Year after Rana Plaza, reiterated their commitment to working together to ensure safety and rights for workers in the ready-made garment (RMG) sector in Bangladesh. “It has been a ...
Tags: Garment Units
Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the first quarter of the current year. According to the financial results, Sandvik's net profit for the first quarter was SEK 1.5 ...
Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...
Tags: Iron Ore, Coal Output
Chicago Board of Trade May soybean oil futures Thursday were down 11 points to 42.39 cents/lb despite weekly data from the US Department of Agriculture showing a slight rise in net export sales. For the reporting week ended April 17, ...
Tags: Soybean, Oil Futures
Denmark-based clothing company Bestseller, which owns renowned apparel brands such as Vero Moda and Jack & Jones has announced plans of expansion in Turkey, by opening new retail outlets of Vero Moda and Jack & Jones, at the Cevahir Mall in ...
Tags: Apparel, Accessories, Clothing
Weekly coal carloads increased substantially in both the US and Canada for the week ending April 19, compared to a year ago, as warmer weather and increased production sparked renewed efforts to restock utilities with low stockpiles. US ...
Tags: coke, coal production
Louisville, Kentucky-based Steel Technologies LLC announced Tuesday its agreement to purchase Stripco LLC, Stripco Sales Company, LLC, and Stripco Express Inc. (collectively, “Stripco”). Stripco is a premier value-added steel ...
Tags: Steel Technologies, Steel
Shell Canada is introducing a commercial fleet card program in partnership with Electronic Funds Source LLC (EFS), which will allow Canadian fleets to define their own fuel networks from any fuel station where MasterCard is accepted. "Our ...
Tags: Shell, Metallurgy, Mineral, Energy