Pump manufacturer Concentric AB will lay off 34 staff as part of its plan to restructure its new manufacturing unit in Chivilcoy, Argentina, in the wake of drooping demand in commercial vehicle market in South America. The entire one-off ...
Tags: Pump, commercial vehicle
In the just gone by fortnight ended July 15, besides weakened pace of trades in early July, cotton prices remained high in the Brazilian market. “Low cotton supply for prompt delivery and purchasers’ need to trade pushed ...
Tags: cotton price, cotton
PureCircle has expanded its product portfolio with the introduction of new range of stevia ingredients at the 2015 Institute of Food Technologists Annual Meeting & Food Expo. The PureCircle Matrix Solutions include new stevia ingredient ...
Tags: food manufacture, PureCircle
According to a CEPEA Brazil report, Brazilian cotton prices were recovering in early June, driven by the need to purchase in the short-term and expectation of delay in availability of cotton in the new season. “Purchasers with needs ...
Tags: Brazil cotton, CEPEA
Cotton prices in the Brazilian market were seen recovering in early June, mainly driven by the need to purchase in the short-term and to the expectation of delay in the availability of cotton. “Purchasers with needs for prompt ...
Tags: Cotton Prices, Brazilian market
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
The Union Cabinet has given its approval to review of Foreign Direct Investment (FDI) Policy on investments by non-resident Indians (NRIs), persons of Indian origin (PIOs) and overseas citizens of India (OCIs), according to an official ...
Tags: FDI Policy, Union Cabinet
Cree Inc of Durham, NC, USA, which manufactures silicon carbide (SiC)-based power products, has launched what it claims is the first 900V MOSFET platform. Optimized for high-frequency power electronics applications, including renewable ...
Tags: power products, silicon carbide
Energized by growing demand for power supplies, hybrid and electric vehicles, photovoltaic (PV) inverters and other established applications, the emerging global market for silicon carbide and gallium nitride power semiconductors will grow ...
Tags: GaN SiC Power electronics, power supplies, Electronics
The labels division of Austria-based Constantia Flexibles has developed a pressure-sensitive label for PET bottles, SpearRC. The new cost-effective recycling solution includes clear, white and metalized film material options and is ...
Tags: PET Bottles, Packaging
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
China is unlikely to "purposely weaken" its currency, the yuan, or renminbi (RMB), as it would go against the authorities' commitment to economic rebalancing and structural reforms, HSBC said on Monday. Even dismissing the economic ...
Tags: weaken currency, RMB
China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
Brazilian cotton output might again reduce in the 2014/15 crop, but would still be close to the average registered over the last 11 seasons, says the latest fortnightly report of CEPEA. “In worldwide terms, a supply decrease is ...
Tags: remunerative prices, export costs, exchange rate ratio, Textile
The Renminbi exchange rate will remain stable in 2015, a macro economic report from China International Capital Corporation (CICC) predicted Monday. "Despite the weaker spot exchange rate of the Renminbi against the dollar, the ...