German power contracts for Monday delivery lost ground during Friday trading, yet remained buoyant on low renewables forecasts and reduced availability of coal-fired units. At Platts' 1100 GMT close, baseload power for Monday delivery was ...
Tags: renewables forecasts, coal
Shell is to operate a standalone integrated gas division from the start of 2016 -- given the business's increasing importance to the overall group -- in a move that will also help Shell to integrate BG Group which it agreed to buy in April ...
Tags: Shell, Integrated gas, BG
Chevron on Friday revised slightly lower an earlier future production target due to prolonged but uncertain lower oil prices, while at the same slashing its capital spending for 2016 by 25% compared to this year. The company now sees ...
Tags: Chevron, oil prices, shale oil
China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...
Dated Brent has fallen to a nine-week low, with uncommitted November Brent and Forties cargoes weighing on values amid weak local refinery uptake of the grade, sources said. Dated Brent fell to Forward Dated Brent minus 51 cents/b Monday, ...
Tags: Dated Brent, refiners, crudes
Dry conditions continue to slow Brazil's soybean planting season. Although sowing has advanced, forecasts indicate that the rains will remain irregular, and producers may have to work on replanting. In Mato Grosso, which is the largest ...
Tags: Soybean, soybean production
On Friday 30 October 2015, Australia’s leading complementary healthcare product-maker Blackmores and Australian dairy group Bega Cheese announced the two companies would be teaming up to produce and sell infant formula for consumers ...
Tags: infant formula, Baby Formula
Chinese outbound spending has grown rapidly in recent years, and an increasing number of countries have introduced easier visa policies to attract more Chinese visitors, especially in recent months. In 2014, many countries adjusted their ...
Retailers in neighboring Japan and South Korea are gearing up for huge numbers of Chinese tourists set to arrive for the upcoming Spring Festival national holiday. At a shopping center in Tokyo, not knowing any single word of Japansese ...
Tags: Overseas Shops, Chinese tourists, Spring Festival national holiday
A "tax free" sign written in English, Chinese and Korean is displayed at a shop popular with tourists from Chinese-speaking countries in the upscale Ginza shopping district in Tokyo, February 19, 2015. [Photo: CFP] Chinese shoppers are ...
Tags: Chinese Shopping, "tax free", Japan
The world's biggest tourism trade fair opened to visitors last week with a workshop on Chinese outbound tourism in Berlin. The discussion at the International Tourismus-Boerse focused on China's "second wave" of outbound tourists, and ...
The crowd at Atou Studio was abuzz with Beijing's art and media types to kick off the JUE music and arts festival. The warm and low key gig was billed as an art exhibit, showcasing just four pieces of sonic-themed art. "We wanted to create ...
Tags: JUE music, arts festival
China claimed more spots than any other country in the Asia's 50 Best Restaurants awards for 2015, with 16 eateries on the list, including Shanghai's Ultraviolet by Paul Pairet at No 3. The event was supported by the Singapore Tourism ...
Tags: Restaurants
The joint bid by Beijing and Zhangjiakou to stage the 2022 Olympic Winter Games is based on ideas of sustainability and frugality and places athletes center stage, according to the capital's mayor. "Holding the games in a frugal way is ...
Chinese officials are expected to release the implementation plan for the "One Belt and One Road" initiative when the 2015 Boao Forum for Asia opens later this week in southern China. The China-proposed initiative is expected to present a ...
Tags: "One Belt and One Road", worldwide economy, Boao Forum