North America
North America
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Fundamental Role of Packaging Is Being Permanently Altered
Jun 9, 2014According to recently published figures for the UK, it now accounts for 13% of all transactions and online grocery sales are set to double in key European markets by 2016. This shift in consumer shopping behaviour has inevitably had an ...
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Fiscal 2014's Financial Results of Saputo Which Ended on March 31 Was Reported
Jun 9, 2014Saputo (Saputo or the Company) reported today its financial results for fiscal 2014, which ended on March 31, 2014. All amounts in this news release are in Canadian dollars, unless otherwise indicated, and are presented according to ...
Tags: Agriculture, Food
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Net Sales for The Four-Week Period Ended May 31, 2014 Were $1.27 Billion
Jun 6, 2014Gap Inc. reported that May net sales increased 4 percent compared with last year. Net sales for the four-week period ended May 31, 2014 were $1.27 billion compared with net sales of $1.22 billion for the four-week period ended June 1, 2013. ...
Tags: Apparel
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SCHWING Announces Their Participation in The Upcoming ITMA
Jun 6, 2014SCHWING announces their participation in the upcoming ITMA and CITME ASIA 2014 exhibition in Shanghai by exhibiting in Hall W1, Booth F14. They will be demonstrating their equipment by highlighting the latest advanced thermal cleaning ...
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US Trade Resulted in a Goods and Services Deficit of $47.2 Billion, up From $44.2 Billion
Jun 6, 2014The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced today that total April exports of $193.3 billion and imports of $240.6 billion resulted in a goods and services deficit of $47.2 ...
Tags: Trade Deficit, capital goods
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The U.S. Economy Took a Beating From an Especially Harsh Winter
Jun 3, 2014The U.S. economy took a beating from an especially harsh winter during the January-March quarter, skidding into reverse for the first time in three years. But spring has arrived and along with it, signs that the chill was just a temporary ...
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Iranian Petrochemical Traders Sell Products on a CFR Basis to Avoid Payment Issues
May 29, 2014Iranian petrochemical traders currently sell all their products on a CFR basis in Asia instead of FOB to avoid payment issues, trade sources in Iran and Dubai said Tuesday. "We sell products on a CFR basis in countries like China so as to ...
Tags: Petrochemical
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World Cotton Trade in 2014/15 Is Forecast to Reach Only 36.3 Million Bales
May 28, 2014World cotton trade in 2014/15 is forecast to reach only 36.3 million bales, 10 percent below the previous season and the lowest since 2010/11. While imports by China have supported cotton trade over the last several seasons, expectations ...
Tags: Cotton Trade, Cotton
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The World Bank Will Fund Infrastructure Projects Worth $245m to Revamp Facilities
May 28, 2014The World Bank will fund infrastructure projects worth $245 million to revamp facilities in Uganda's Albertine oil region, ahead of first oil production in the country, Uganda's President Yoweri Museveni said in a statement Thursday. ...
Tags: Infrastructure Funds, Oil
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Methanex Has Cut Its June Contracts in The US by 10 Cents to $1.60/Gal FOB US Gulf
May 27, 2014Vancouver-based Methanex has cut its June contracts in the US by 10 cents to $1.60/gal FOB US Gulf, the company said Friday. The decrease marks the third straight month of 10-cent declines. After discounts and rebates that average 13%, ...
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ITC Made Its Final Determination Friday in The Sunset Review of The Antidumping Orders
May 26, 2014The US International Trade Commission (ITC) made its final determination Friday in the sunset review of the antidumping orders on light-walled rectangular pipe and tube from China, Korea, Mexico, and Turkey and the countervailing duty order ...
Tags: Rectangular Tubing, AD/CVD Duties
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KLA-Tencor Newly Launched Taiwan Training Facility
May 25, 2014Global process control and yield management product leader KLA-Tencor’s newly launched Taiwan Training Facility continues to reflect the market’s important role in the company’s business strategy. New Taiwan training ...
Tags: KLA-Tencor, market demands
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US Commercial Crude Stocks Fell 10.3m Barrels to 390.69m Barrels
May 22, 2014US commercial crude stocks fell 10.3 million barrels to 390.69 million barrels for the reporting week ended May 16, American Petroleum Institute data showed Tuesday. The draw is far larger than analysts had expected. A Platts survey of ...
Tags: Crude Stocks, NYMEX crude
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Indications or Offer Levels for Angolan Crude Oil Cargoes in July Show a Mixed Picture
May 22, 2014Indications or offer levels for Angolan crude oil cargoes loading in July show a mixed picture compared with June, traders said Tuesday. Most offer or indications levels for Angolan crudes loading in July were either stable or higher ...
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The US Shale Gas and Oil Boom Is "Very Profound, But Sometimes Taken out of Proportion"
May 22, 2014The US shale gas and oil boom of recent years is "very profound, but sometimes taken out of proportion," International Energy Agency chief economist Fatih Birol said at the Flame conference in Amsterdam Tuesday. Birol said that of the ...
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