Listed lenders from China may see zero or negligible profit growth next year, with some likely to incur marginal losses, a new report said on Monday. The nonperforming loans ratio, which measures bad loans as a percentage of total loans, ...
Tags: Uneasy Outlook, loans ratio
The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...
Tags: RBOB, gasoline, Renewable Fuels
A consensus of analysts surveyed by Platts expects the US Energy Information Administration on Wednesday will estimate a natural gas storage injection of between 4 Bcf and 8 Bcf for the reporting week that ended November 20. The EIA plans ...
Tags: Natural Gas
The halving of Algeria's foreign revenues in just a few months has had a brutal impact on the country's economy, Prime Minister Abelmalek Sellal said Sunday, describing the current situation as "difficult." In an interview with state news ...
With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
Changing Technologies, will be designing, prototyping and mass-producing a unique custom car mirror for a Houston-area aftermarket automotive parts company. The recently signed deal puts CHGT in the driver’s seat in one 3D ...
Tags: CHGT, 3D Printers, accelerator
iFixit recent teardown of iPod touch 6 revealed the absence of sapphire covered lens, reported Apple Insider. Despite upgrading the rear camera resolution to 8 megapixel, making it more comparable to the iPhone 6, the scratch resilient ...
Tags: Apple, iPod touch 6, Sapphire Covered Lens
LG Display announced on Thursday it will be investing 1.05 trillion won (US $908 million) to construct a new OLED display plant, reporte Reuters. In the company’s regulatory filing, the project will start sometime in third quarter ...
Tags: LG Display, OLED screens
Cree and Epistar announced on Aug. 4, 2015, the two companies signed a global LED patent cross license agreement. The move signals large LED manufacturers strategy of maintaining market positions through patent advantages, said LEDinside ...
Tags: CREE, LED lighting, LED patent
According to the data compiled by NPD, U.S. watch sales fell to a seven-year low in June 2015. Retailers sold $375 million timepieces during June, 11% less than one year ago. It is the worst decline since 2008, unit sales dropped 14 %. ...
Tags: Apple Watch, sapphire
Sugarcane crush volumes in the key Center-South region of Brazil in the second half of October are expected to total 37.91 million mt, according to a Platts survey of analysts. The consensus estimate accounts for an average of three days ...
The world's largest wind turbine maker, Denmark-based Vestas', third- quarter results on Thursday were boosted by strong orders for its turbines as analysts reported the group was obtaining higher prices for its products. Vestas CEO ...
Tags: wind turbine, Vestas
The differential between the WTI frontline swap and the Dubai swap is at its widest since mid-January, possibly opening up arbitrage opportunities for imports into the US, Platts data showed. The December Dubai swap was trading at a ...
Tags: WTI frontline swap, Dubai swap, crude
With feed-in tariffs (FiTs) in the key markets of Germany and Italy about to be reduced, and financial problems spreading around the Mediterranean, there has been speculation of an accompanying decline in demand for solar cells used to ...
Tags: PV installations, solar power
A sharp upturn in demand has seen a number of analysts re-think their appraisal of the photovoltaics market in 2010. After the impact of the global credit crunch, which put the brakes on the rapid market expansion witnessed up until 2009, ...
Tags: Photonics Industry, cell prices