Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
The diamond market is slowly becoming more disciplined. It needs to. With high rough prices, declining polished, less available credit and lower retail inventory levels, it has become increasingly difficult for diamantaires to turn a ...
Tags: diamond market, diamond industry
Virtually all the indicators, from manufacturing activity to trade data, point to weakening. Expectations of an immanent reduction in the real interest rate have never been higher, despite the central bank's insistence on reining in ...
Tags: economic growth, trade data
China has introduced measures to curb photovoltaic overcapacity while seeking to expand domestic deman. China has put forth new rules to tackle overcapacity in its solar power industry. A document released by the Ministry of Industry and ...
Tags: Solar Power, Chemicals
High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries moving towards recovery are ...
Tags: GFK Consumer Climate, unemployment
Global spending on PCs, tablets, mobile phones and printers would reach $718bn Global IT spending is predicted to rise 4.1% in 2013 to $3.8 trillion compared to $3.6 trillion spent in 2012, according to a new report from Gartner. ...
Tags: Consumer Electronics, Computer Products, PCs, tablets, mobile phones
Centrosolar Group AG will sell its solar glass division off, following a year of devastating financial losses. The Germany-based company has also postponed the publication of its annual report and announced the continuation of its ...
Tags: solar glass division, solar glass, glass
Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Group Co. has issued its estimated financial results for 2012, indicating a net loss in the range of RMB 3.1-3.3 billion ($494-525 million), compared to a net profit of RMB ...
If you have young children or grandchildren, look at them and imagine signs around their necks: “I owe my government $52,000 — and each day I will owe more.” While the number varies according to the parameters of data ...
Tags: finance, money management, bullet
In 2012,South Korea's total car output declined by 2.1 percent year on year,totaling 4,558,160 units,according to a report released by the Korean Ministry of Knowledge Economy(MKE).The report says that the decrease was due to sluggish ...
While hardware and components makers face economic hurdles, the picture for software is getting brighter, according to earnings reports from major vendors and mid-year market research polls. Vendors and analysts lay much of the blame for ...
Tags: hardware, economic hurdles, software, Wall Street
Financial Express reported that the Essar Steel, which is reeling under a debt burden of INR 23,500 crore, has asked its board to explore the possibilities of raising up to INR 3,000 crore via convertible debt instruments from domestic and ...
Tags: Essar Steel, debt burden, domestic and overseas markets
The long-awaited disposal of Metro's Real grocery chain in eastern Europe was finally announced this week, putting an end to months of speculation over the future of the division. French retail giant Auchan was the buyer, securing the ...
Tags: Aucha, Real grocery chain, Metro's Real, grocery
The North American meat-focused division of Sara Lee will attract acquisition bids when the company spins off its Europe-based coffee-and-tea division in the future. The new company, which is to be named Hillshire Brands, is expected to ...
Tags: meat-focused division, acquisition bids, coffee-and-tea division
Business Standard reported that more clarity on talks to refinance loans for oil, steel, shipping and ports entities to emerge in a month or two; external commercial borrowing refinance a prime tool. With a combined debt of close to INR ...
Tags: Essar Group, debt burden, refinance loan, oil, steel