French-automaker PSA Group has received approval from the European Union antitrust authorities for the acquisition of Opel and Vauxhall brands from General Motors. Through the acquisition, PSA plans to make profitable growth not only in ...
US auto giant General Motors has agreed to sell its European operations to French automaker PSA Group for €2.2bn. PSA will buy Opel/Vauxhall automotive operations for €1.3bn, while GM Financial’s European operations will ...
Tags: General Motors, PSA Group, automotive
The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016-and is likely to continue to play a significant role in the global property market in the next few ...
Tags: real estate assets
A weak crude complex which has seen futures values drop to multi-year lows is only adding to an already depressed Amsterdam-Rotterdam-Antwerp spot propane market, where demand has failed to benefit from any increase in end-user heating ...
Tags: Weak Crude, temperatures, propane
GE has inked a pact for selling its fleet operations in the US, Mexico, Australia and New Zealand to Element Financial Corporation for $6.9bn, as well as divested its European fleet businesses to BNP Paribas arm Arval. While the ...
TRW Automotive has agreed to sell its linkage and suspension business to THK for $400m in an all-cash deal. The linkage and suspension business generates revenues of $550m. Subject to customary conditions including regulatory approvals, ...
Tags: TRW Automotive, Linkage
ThyssenKrupp has reportedly approached BNP Paribas to find a suitable buyer for its automotive contract assembly business. The automotive systems unit produces axle systems for car makers, It generates revenues of around €1bn. ...
Tags: ThyssenKrupp, Automotive
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
In its continuing efforts to provide the best educational and most in-depth coverage of the floor covering industry, BNP Media has announced the following changes and additions to its flooring group of brands—Floor Trends, Floor ...
Tags: floor covering industry, Floor
Higher aluminum prices have prompted some Chinese smelters to abandon production cutbacks and are seen leading to restarts of other plants, chipping away at what was expected to be the first global deficit after years of oversupply. A ...
Tags: Aluminum, physical material, Metal
The 2014 Floor TrendsFlooring Industry Study, conducted recently by BNP Market Research and compiled from answers given by readers of Floor Trends,Floor Covering Installer, Stone World, Contemporary Stone & Tile Designand Tile Magazine, ...
Tags: Construction, Flooring
Would you believe a 60% tariff? That is a possibility, according to a report by Exane BNP Paribas. On July 22, 2014, the United States International Trade Commission determined consumer tire imports from China may or may soon be ...
Tags: Chinese, Tire Tariffs, Accessories
The NYMEX July natural gas futures contract closed 25.4 cents higher to a $4.762/MMBtu settlement on Thursday after the US Energy Information Administration reported a lower injection to storage inventories than most expected, prompting ...
Tags: Natural Gas, EIA
US natural gas demand could increase by 3 Bcf/d to 10 Bcf/d by 2020 under an expected Environmental Protection Agency plan to reduce carbon dioxide emissions from power plants, analysts said Friday. Using its authority under the Clean Air ...
Tags: Gas Demand, natural gas
The NYMEX June natural gas futures contract settled 4.6 cents higher at $4.405/MMBtu on Friday as the market consolidated ahead of the holiday weekend and eyed forecasts for hotter than normal weather into June. "Despite the short-term ...
Tags: Natural Gas, oil prices