“The sale is consistent with Shell’s strategy to concentrate its Downstream footprint on a smaller number of assets and markets where it can be most competitive,” said John Abbott, Shell Downstream Director. ...
Tags: Shell, Idemitsu, shareholding
Shell’s Upstream business in Denmark are not impacted by this agreement. Separately, Shell is seeking a buyer for its Fredericia refinery. The sale is subject to regulatory approvals and is expected to complete in 2015. Details of ...
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 241 basis points to 6.8972 against the U.S. dollar Friday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange market, ...
China's independent refineries likely have to rely on state-owned trading companies to export oil products in 2017 as Beijing is likely to stop awarding them quotas to export directly, informed sources said Friday. "It [stopping awarding ...
Tags: Oil Product, Refiners
A total of 240 stickers, including 96 specials, will be available for fans to collect and will retail in packs of five stickers. Warner Bros. Consumer Product EMEA has teamed with Panini to launch a new collection of stickers and trading ...
Tags: Panini, Harry Potter Stickers
Tea and coffee supplier The East India Company has forayed into the spirits market with a new London dry gin. The product will be available in selected bars, hotels and restaurants from this month. The gin makers have reportedly used a ...
Archer Daniels Midland Company (ADM) and Wilmar International have launched Olenex as full-function joint-venture to offer integrated capabilities in refined vegetable oils and fats. The companies have completed the transition of Olenex ...
Tags: ADM, Wilmar International, vegetable oils
The Australian Competition and Consumer Commission (ACCC) will launch an inquiry to look into competition and fair trading aspects in the dairy industry. Its dairy industry inquiry will investigate competition among milk processors, ...
Tags: Dairy Industry, Watchdog
As both exports and imports failed to meet early forecasts, China foreign trade decreased to 2.05 trillion yuan (US$307.2 billion) in October, down 0.6 percent from the same period last year, Customs data showed on Tuesday. China's ...
Tags: foreign trade, trade surplus
For reasons Mr. Spock would doubtless dismiss as “illogical” there are still hundreds of thousands of people who've yet to trade in the Galaxy Note 7 handset. Who knows? Perhaps the third of European Galaxy Note 7 owners ...
Chinese domestic magnesium prices have surged to fresh three-year highs due to tighter supply, stronger domestic demand and rising costs this year, magnesium trade platform Northeast Asia Magnesia Material Trading Center said in a report on ...
Tags: Magnesium Prices, Magnesium
Singapore based global agri-business company Olam International has acquired 100% stake in coffee specialist Schluter for $7.5m. A combination of internal accruals and existing debt facilities will be used by Olam to finance the ...
Tags: Olam International, Coffee
Global eTrade Services (GeTS), the subsidiary of CrimsonLogic, has launched the Food and Drug Administration (FDA) Prior Notice (PN) System Interface (SI). The web-based solution is designed to simplify and streamline food and drug ...
Tags: Food Imports, Crimsonlogic
ICYMI: Customer service managers “Go Yellow!”, a Walmart associate begins a role at the Pentagon, exclusive Star Wars merchandise arrives, we’re baking up sweet treats, and our latest training academy opens in San Antonio. ...
Tags: #FiveThingsFriday, Star Wars, sweet treats
#makethefuture campaign highlights how cooperation between Shell and entrepreneurs is helping the development of more and cleaner energy ideas International musicians including Oscar-winner Jennifer Hudson, Luan Santana and Pixie Lott ...