Despite a sharp decline in oil prices, the world economic outlook is subdued, weighed down by underlying weakness elsewhere, says the International Monetary Fund (IMF) in its latest update to the World Economic Outlook (WEO). Compared ...
Tags: oil prices, world economic outlook, Textile
Bosch Packaging Technology and Klenzaids Contamination Controls are planning a joint venture in India that they intend to use to extend their global reach, particularly in liquid pharmaceuticals and packaging machines for clean-room ...
Price slumps in the global commodity market continued to allow China to spend less while importing more, helping China save on enormous import bills, latest customs data showed. In the first ten months of this year, China imported 252.6 ...
Tags: commodity market, crude oil
WASHINGTON (AP) — The International Monetary Fund has shaved its forecast for U.S. economic growth this year, mostly because of a sharp contraction in the first quarter. But the global lending organization still expects that growth ...
Tags: IMF, Electrical, Electronics
July 24, according to the Wall Street journal reported that the international monetary fund (IMF) released its world economic outlook report. By the United States, China and other emerging market countries weak economic growth, the global ...
Tags: Global Growth, Economy
In a statement released at the conclusion of its mission to Guinea, the International Monetary Fund (IMF) has said that the Simandou iron ore project of Australia-based miner Rio Tinto will contribute to a gradual pick-up in Guinea's mining ...
Tags: Mining Industry, miner
The first half of 2014 is drawing to a close but the wait continues for a strong economic upturn that would globally spark sustainable sales growth in the high-tech industry. So far, what many industry observers and economists can point ...
Tags: Electrical, Electronics, High-Tech Industry
Financial Times reported that in 2014 the United States may be losing its status as the world's largest economy, giving way to China earlier than expected. Most economists had predicted China's economy will become the first in 2019. Since ...
Tags: China's GDP, GDP, Economy
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, the global long steel products market is still characterized by uncertainty amid the adverse effects of ...
Tags: Long Steel Demand, steel products
Ukraine's retail gas prices may have to rise 40% as part of economic reforms needed to unlock loans from the International Monetary Fund, Ukrainian energy minister Yuriy Prodan told reporters in Brussels Thursday. "This is an unpopular ...
Tags: Gas Prices, energy sector
In 2013, amid slowing economic growth and sluggish demand in China, economies overseas witnessed a gradual recovery. Under such circumstances, China's stainless steel imports declined, while its exports continued to increase. Stainless ...
Tags: Stainless Steel, Mineral
The national bureau of statistics data show that China's GDP in 2013 is 56.8845 trillion yuan, calculated at comparable prices up by 7.7% over the previous year, increase of nearly 5 trillion yuan year-on-year, the increment is equivalent ...
India is targeting a gross domestic product (GDP) growth rate of 8-9 per cent in the coming years and to enable this growth, the economy needs the support of its power sector and India's electrical equipment industry is expected to play a ...
Greece's government Wednesday ruled out reducing a tax on heating oil despite a sharp increase in smog resulting from extensive wood-burning. "Reducing the price is not the solution (to the smog problem)," Finance Minister Yannis ...
Tags: Greece, heating oil, extensive wood-burning, tax hikes, energy prices
All restrictions on the supply of Ukrainian exports to Russia will be taken up in March 2014, said Deputy Prime Minister of Ukraine Yuriy Boyko, speaking at a round table "Unite Ukraine", the correspondent of RBC-Ukraine. "All the ...
Tags: glass, decoration