A bank in Yunnan province has started to provide direct currency exchanges between Chinese yuan and Thai baht, a move aimed at further opening up Southwest China to Southeast Asia. Tourism agencies say there is an increasing demand for ...
In the first 29 days of December this year, Turkey's steel export volume decreased by 6.8 percent year on year and by 4.8 percent month on month to 1.43 million metric tons, according to the Turkish Iron and Steel Producers' Association ...
Tags: Steel Exports, Mineral
Samsung said a 110-inch TV that has four times the resolution of standard high-definition TVs is going on sale for about $150,000 in South Korea. The launch Monday of the giant television set reflects global TV makers' move toward ultra ...
Tags: Samsung, 110-inch TV, ultra HD TVs
Till date nearly 1 crore bales have arrived in the market and approximately 2.75 crore bales are yet to arrive in the Indian market. Mills and exporters are cautiously procuring cotton considering the financial tightness in the market. ...
Tags: Cotton Buying, Rupee Depreciation
Not much on the Moon escapes the eyes of NASA's Lunar Reconnaissance Orbiter, and China's Chang'e-3 lander and Yutu rover are no exception! The pair touched down on the lunar surface on Dec. 14, and just over a week later on Dec. 25 LRO ...
Tags: Lunar Reconnaissance Orbiter, Chang'e-3 lander, Yutu rover
Cold-sensitive mangrove forests have expanded dramatically along Florida's Atlantic Coast as the frequency of killing frosts has declined, according to a new study based on 28 years of satellite data from the University of Maryland and the ...
Taiwan's CPC and Formosa Petrochemical have both raised domestic retail prices of gasoline and diesel by T$0.50/liter ($0.020/liter) effective Monday, according to the companies' websites. The change raises both refiners' retail prices ...
Tags: Gasoline, Diesel Prices
Bruce Harmon/Trans Pix Congress went home for the year without extending a tax deduction that is credited with helping boost truck sales during choppy economic times. Bonus depreciation, as the provision is known, allowed fleet owners ...
Cooper Tire & Rubber Co. Cooper Tire & Rubber Co. said it will pursue a $112.5 million "reverse termination fee" after ending its attempt to acquire Apollo Tyres. The $2.5 billion acquisition deal had been in doubt for months after ...
Tags: Cooper, reverse termination fee, Apollo Tyres, acquisition
Tom Biery/Trans Pixs The average U.S. retail diesel price rose 3 cents to end the year at $3.903 a gallon, the Department of Energy reported Dec. 30. The increase followed a 0.2-cent uptick in the previous week and left diesel 1.5 cents ...
Tags: US, retail diesel price, gasoline price
Vitran Corp. has terminated its agreement with Manitoulin Transport and will instead be acquired by TransForce. TransForce offered $6.50 per share on Dec. 20, which Vitran said constituted a “superior offer” to the deal it ...
Tags: Vitran, Manitoulin Transport, TransForce, acquisition
Tuesday, Dec 31, 2013 BreitBurn Energy Partners L.P. (the "Partnership") (NASDAQ:BBEP) announced today that it has completed the acquisition of oil and natural gas properties in the Permian Basin in Texas from CrownRock, L.P. for ...
Tags: BreitBurn Energy Partners L.P., acquisition, Permian Basin
Russ MacNeil Less-than-truckload carrier Vitran Corp. said it has agreed to be acquired by TransForce Inc., which outbid Manitoulin Transport Inc. for Vitran's Canadian assets. Vitran's which sold its U.S. LTL business in October, had ...
Tags: Vitran, TransForce, acquisition
John Sommers II for Transport Topics Daimler AG said it expects its global truck sales in 2013 to exceed 2012’s figures, which would make it the best year for sales since 2006. Daimler Trucks sold 433,600 units in the first 11 ...
Andrew Harrer/Bloomberg News Parcel carriers UPS Inc. and FedEx Corp. worked diligently in the days following Christmas to deliver packages that missed the promised Dec. 24 deadline. UPS said it cleared its backlog of Christmas ...
Tags: parcel carriers, UPS, FedEx, Christmas, deliver packages