JBS, a Brazilian beef exporter, has announced that it will resume its plan to raise BRL4bn ($1.8bn) from the initial public offering (IPO) of its pork, poultry and food-processing operations in Brazil as early as next month. Following ...
After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. The upward revision supported expectations ...
Tags: U.S.Economy, goods and services
Long held assumptions about the direction and dynamics of the iron ore market have been severely tested in 2014. After hitting a high of $158.90 in February, the industry was jolted on March 10, when iron ore suffered the worst one-day ...
Tags: Iron Ore, raw material
The beverage packaging industry in North America is expected to touch $26.3bn in 2015, according to an assessment by PMMI, the association for packaging and processing technologies. According to the report "Beverage Packaging -- An ...
General Motors has unveiled plans to temporarily scale back production at its facility near St Petersburg, Russia. The proposed plans come in response to a slump in demand in the Russian automotive market. A General Motors spokesperson ...
Tags: General Motors, Plans, Auto Parts
Danish brewer Carlsberg has announced that its annual profits may witness a slump as a result of decreasing consumption in eastern Europe. Consumption in both the countries has dropped due to sanctions and new drinking laws announced by ...
Billions of dollars are flowing into Hong Kong's Yuan-denominated exchange-traded funds as offshore investors rally behind China's undervalued stocks, Reuters reported, citing data from researcher Morningstar. As a scheme to allow more ...
Bank of China, China's fourth biggest lender, plans a RMB30.7 billion (US$5 billion) bond sale that will be the largest of all tier-1 notes in the country, Bloomberg reported. Bank of China plans to issue the bonds in various currencies, ...
Tags: Bank of China, Bond Sale
TOKYO — The nation’s biggest electronics manufacturers are enjoying an earnings recovery, with Hitachi, Panasonic and Toshiba all posting sharp gains in April-June operating profits Thursday. More than 400 corporations listed ...
Tags: Japan, Electrical, Electronics
TOKYO — Murata Manufacturing and TDK apparently enjoyed large jumps in April-June profit on increased demand for smartphone and car parts and by expanding their client base beyond Samsung. Murata likely saw operating profit rise 45% ...
Tags: Murata, TDK, Electrical, Electronics
TOKYO — The Japanese government raised its assessment of the economy’s direction this month for the first time in half a year in light of a rebound in consumer spending. “We think the reaction (after a demand surgeA ...
Tags: Japan, Electrical, Electronics
Cramer Products, a leader in sports medicine and physical education products, announced the retirement of Thomas K. Rogge, president and chief executive officer, effective Sept. 30, 2014, and the appointment of Robert Mogolov to the ...
Tags: Cramer Products, Retirement, Sporting Goods
2008-2011 Chinese LED lamps (HS: 94054090) export trend analysis At present, there are around 8000 LED companies in China, of which 80% are export-oriented. Under the influence of the economic crisis in Europe, the slump of the U.S. ...
Tags: export trend, LED lamps, LED Lighting
Delta Apparel, Inc. reported earnings fell 45 percent in the third quarter ended June 28, to $2.2 million, or 27 cents per share, from $4.0 million or 48 cents, a year ago. Revenues were down 7.6 percent to $123.5 million from $133.6 ...
Tags: Delta Apparel, Earnings, Sporting Goods
China's coal mining and washing industry reported profits falling 43.9% year on year to Yuan 51.26 billion ($8.3 billion) during the first five months of this year, mainly due to sagging coal prices, data from the National Bureau of ...
Tags: Coal Mining, Washing Industry