Rising raw material prices and the crash of the rupee has badly mauled India's plastic industry, according to the country's largest plastics trade association. "[The] future of over 50,000 manufacturing units and four million jobs are at ...
Tags: Plastics Industry, Polymer Costs
High execution motors normally require unique segments that are not accessible from auto dealerships. Huge numbers of these parts are made of manufactured steel, which are thrown in foundries abroad. This stances novel challenges for the ...
Tags: Crankshaft, Processing Machinery
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, is insuring a cashmere scouring and disinfection facility in Heart province of Afghanistan. The MIGA-supported project will ...
Tags: Miga Insures
Sustainable Development Technology Canada (SDTC) is looking for "the next wave of innovative cleantech entrepreneurs" through its SD Tech Fund, which is open for applications starting now, August 28, through to October 16, 2013. The ...
Tags: Consumer Electronics, Electronics
Carbon wheel maker Mad Fiber is planning to set up wheel production in Taiwan to serve the OEM market. The company has laid off seven employees at its Seattle, Washington, facility, but is continuing to manufacture wheels there for ...
Tags: Transportation, bike, Carbon wheel
LED chip manufacturer Chi Mei Technology Corp went out of business last month after a surprise exodus by the company’s board members. A staggering amount of NT$5.6 billion in unpaid debts has lead to anger from creditor banks. The ...
Tags: LED chip, Chi Mei Technology
Tesco UK was performing broadly in-line with its rivals Asda and Morrison, after recovering from "the body blow to its trade caused by the horse meat contamination", said Shore Capital analysts Darren Shirley and Clive Black. "With the ...
Tags: Agriculture, Food
The Ministry of Finance announced Thursday that it has expanded its trial municipal bond program, allowing more local governments to issue bonds directly and assume a larger role in managing their own finances, The Wall Street Journal ...
Tags: Municipal Bond Program
Japan's Sharp said Thursday it will team with a large Chinese manufacturer to build a factory in Nanjing and mass-produce LCD screens for TVs, computers and tablets. Sharp said it will form a joint venture with China Electronics Corp. ...
Tags: Sharp, LCD Panel, Chinese Firm
The Cabinet Office claims to have made savings in procurement of £3.8bn compared to three years ago when the coalition government was elected. It is also claiming savings of £500m as a result of tighter IT spending controls and ...
Fundamental changes in the UK retail industry as customers embrace new technology and new ways to shop are producing major changes in the relative importance of different payment methods. Customers did 10 per cent less of their shopping ...
Tags: Cash Payment, Retail Stores
Sony will leverage its streaming technology to bring PlayStation games to devices other than dedicated consoles as part of its ongoing turnaround, but said gaming profits will still suffer and lowered sales targets for its smartphones and ...
Tags: Sony, PlayStation Games, Computer Products
Villages of Kyrgyzstan will receive monetary aid of US$ 1.5 million from the Asian Development Bank (ADB) to boost the handicraft industry of Kyrgyzstan, a landlocked country in Central Asia. At a meeting of the Committee for Budget and ...
Tags: Textile
The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
Japan's Sharp booked another huge loss on Tuesday, and unveiled its latest turnaround plan, which includes relying on partnerships with Samsung Electronics and Foxconn Technology Group for business, sacking top management, and expanding ...
Tags: Sharp, LCDs, Electronics