A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal. The global food and drink ...
Tags: Nestlé
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
Reportedly, global steel giant ArcelorMittal cuts its 2013 core profit guidance this Thursday on weaker demand and lower raw material prices. According to ArcelorMittal that the group's earnings before interest, tax, depreciation and ...
Tags: ArcelorMittal, Mineral
Asahi Kasei Group announces results for 1st quarter fiscal year ending June 30, 2013. Overview of Consolidated Results 1. Consolidated group results Although the US economy showed signs of recovery with improving employment during the ...
Several global luxury apparel retailers have recorded positive growth in the first half of 2013 and the industry is expecting a boost in sales by the end of this year. In a conversation with fibre2fashion, Nikoleta Panteva, senior retail ...
Tags: Luxury Apparel, positive growth
The 2013 Esquel Sustainability Symposium - Be Green and Innovative will be held from Monday, August 12 to Wednesday, August 14 in Gaoming, Guangdong, China. China has witnessed dramatic changes in the past three decades. The country is no ...
Tags: Sustainability Symposium, Esquel
Natural rubber surpluses and poor demand, especially from China, will weigh on spot prices for the commodity, Germany's Commerzbank said in a report issued Tuesday. "Several years of supply surpluses on the global rubber market have ...
Tags: Natural rubber, Chemicals
Mexico's increasing competitiveness is expected to be a boon to those companies, including American companies that design the original product and their contract manufacturers – the companies that manufacture the American ...
Tags: Textile Production, Textile
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
U.S. manufacturers can breathe a sigh of relief that the global economy has taken a few steps back from the brink, with the Federal Reserve and other central banks playing key roles, according to a new report. In the Manufacturers ...
Tags: economy
The Economic and Steel Market Outlook 2013-2014/Q3 2013 Report from the Economic Committee of the European Steel Association (EUROFER) confirms the stabilization of the EU economy in the second half of 2013 and a gradual but slow recovery ...
Tags: Steel Using Industries, Mineral
On July 8th, the list of 2013 Fortune Global 500 Companies was released. Baosteel was ranked No. 222 with operating revenue of 45,682.7million USD and net profits of 918.8million USD. It had been consecutively ten years that Baosteel was ...
Tags: Metallurgy, Mineral, Energy, steel
The Chinese economy is capable of withstanding shocks, although its facing downside risks from both external and domestic uncertainties, said the International Monetary Fund (IMF) on Wednesday. China's economy "is expected to grow at ...
The ability of OPEC to influence the balance of crude markets is diminishing in the face of growing US oil production, with 2013 expected to be a rare instance of a year-on-year decline in the call on the producer group to maintain balanced ...
Tags: Chemicals
OPEC's share of the global oil market is set to diminish further next year as surging supplies of oil from the US and other non-OPEC producers outpaces an expected acceleration in world oil demand growth, the International Energy Agency ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Oil