Dropping Chinese demand for imported thermal coal will likely have the biggest impact on US producers who sell into markets across the Atlantic, global research firm Wood Mackenzie said Wednesday, December 17. That is because the ...
Tags: Thermal Coal, Mining
After failing to get proper explanation from Takata, Honda Motor started conducting its own tests to find out reasons for airbag explosion with used and scrapped cars in Japan. The company was forced to take the step because Takata was ...
Tags: Airbag, quality problems, Auto
Hong Kong was suggested to enrich its IPO platform to attract capital from more good quality companies from overseas, a local financial advisory body said on Wednesday. Hong Kong is likely to end this year as the world's second-largest ...
Tags: IPO Market, IPO platform
Tesla has started selling its plug-in electric vehicle, Model S to its customers in Australia. Apart from unveiling the car, the company also opened its first Sydney retail store and inaugurated 10-station supercharging station for users ...
Honda is planning to expand the Takata airbag related recall to three million vehicles in the US. Previously the company recalled around 2.8 million vehicles mostly in humid areas of the US, where humidity could make the inflators more ...
Bosch is launching an advertising campaign featuring Weather Channel Meteorologist Jim Cantore for its Icon wiper blades. Robert Bosch LLC has signed Weather Channel Meterologist Jim Cantore as the latest spokesman for Bosch Icon wiper ...
Several Asian markets have decided to restrict the import of Canadian poultry following the detection of avian influenza on two farms in British Columbia. The Canadian Food Inspection Agency (CFIA) has confirmed the presence of H5 avian ...
Tags: H5 avian influenza, Agriculture
General Motors has extended the deadline by one more month for victims and their families of faulty ignition switches to apply for compensation. The previous set deadline was for 31st December and the decision to extend the date till 31st ...
Volkswagen's Spanish division SEAT is expected to stop selling its cars in Russia due to weak sales following economic downturn and its impact on local currency. Apart from other industries, cars have been hit badly due to the economic ...
Tags: economic downturn, oil prices, Auto
U.S. specialty jewelry store sales rose only 1.2 percent year on year to $2.244 billion in September. The sales total was the weakest by value since January when revenue estimates barely topped $2 billion. As reported earlier on Rapaport ...
Tags: specialty jewelry, jewelry
Diageo is postponing plans to expand production capacity in Scotland citing reducing demand for spirits. According to the company, the slump in demand for spirits is due to economic slowdown across the globe. Earlier in 2012, Diageo ...
U.S. jewelry and watch sales from all retail outlets in September increased 3 percent year on year to $5.521 billion, according to preliminary government figures. As is often the case, the sector's totals for previous months were revised, ...
British waste and recycling company, Business Waste, says that a spike in the theft of paper and cardboard meant for recycling is to be blamed on scrap thieves who are looking for soft targets. The company feels that increased security ...
Tags: Rising Paper, Cardboard Theft, Printing
US-based food processing company Archer Daniels Midland (ADM) has temporarily halted cocoa roasting operations at its Schokinag processing plant in Germany due to fire at the plant. Early on 24 October, fire broke out in the roasting ...
Tags: cocoa roasting, food processing
Arla Foods, a Swedish-Danish cooperative firm, is seeking to expand a dairy plant in Germany, as part of a bid to build its organic business in the country. The company plans to grow capacity of the site in Upahl, in the north of the ...
Tags: Arla Foods, Dairy Plant, Food