Against the backdrop of a sluggish global economy, lackluster trade growth and uncertainty in major economies, countries in the Asia-Pacific region are still likely to have a growth rate of 4.9 percent this year. The region continues to ...
Tags: global economy
China will continue to push for globalization, and multilateral talks and promotion of trade, as it marked the 15th anniversary of joining the World Trade Organization on Sunday, according to Chinese trade officials and experts. China ...
Tags: WTO, trade promotion
A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
“Signals & Signposts” updates our thinking by taking into account the impact of the global economic and financial crisis. Over the next four decades, the world’s energy system will see profound developments. Heightened ...
Tags: Signals&Signposts, Shell
The New Lens Scenarios, which look at trends in the economy, politics and energy as far ahead as 2100, underscore the critical role that government policies could play in shaping the future. “These scenarios show how the choices ...
“This is a good deal for our customers as well as for Shell,” said Mark Williams, Royal Dutch Shell’s Downstream Director. “We will significantly reduce our capital exposure in line with our strategy to concentrate ...
Electric car-maker Tesla Motors has agreed to acquire German company Grohmann Engineering. Accelerating a sustainable energy future is only possible with high-volume factories. They allow us to manufacture high-quality products with ...
Tags: Tesla, Engineering
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
Bacardi erected several large bat habitats at its rum bottling facility campus in Jacksonville, Florida, US. Within just a few months, the habitats – branded bat caves – will be full of tenants. Together, the organizations are ...
Nissan Motor has acquired a 34% equity stake in Mitsubishi Motors (MMC) and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition of MMC, the Alliance will be in the ...
Tags: Mitsubishi Motors, Nissan
WorldACD reports that after a volume growth of 1.8% year-on-year (YoY) in July, we witnessed a slightly higher figure for August: +2.3%. Taken together with the volume growth in June (+3%), one could say that the (Northern Hemisphere) ...
Tags: WorldACD
Mexican soft-drink bottler Coca-Cola Femsa has signed an agreement to acquire Brazilian Coke bottler Vonpar for R3.5bn ($1.09bn). Under the terms of the deal, Coca-Cola Femsa’s Brazilian subsidiary Spal Industria Brasileira de ...
Austria, July 6 -- Mr. Liu Zhenya, Chairman of the Global Energy Interconnection Development and Cooperation Organization (GEIDCO) and the China Electricity Council (CEC) met with Mr. Li Yong, Director General of the United Nations ...
Tags: Liu Zhenya, Li Yong, UNIDO
SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or ...
Tags: SABIC, ExxonMobil, U.S.Gulf Coast
Today, LNG Canada announces that its joint venture participants – Shell, PetroChina, Mitsubishi Corporation and Kogas – have decided to delay a final investment decision on LNG Canada that was planned for end 2016. LNG Canada ...
Tags: LNG Canada, joint venture participants, final investment decision delay