As we move into 2015, Apple has cast a quick glance back at the performance of its App Store in 2014 - and it likes what it sees. Apple has announced that 2014 was by far the biggest year for the App Store, with sales rising a massive 50 ...
Tags: Apple, Store, Consumer Electronics
South Korean auto maker Hyundai Motor is planning to invest around $73bn over the next four years to develop new vehicles, expand its production capacity and build a new headquarters. The auto maker will be focusing upon South Korea with ...
Tags: production capacity, quality competitiveness, technology power, Auto
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
The president and chief operating officer of Japanese airbag maker Takata has stepped down from his post as a result of recalls of millions of vehicles carrying the company's defective airbags. Takata announced in a statement that Stefan ...
Russia's central bank failed to stem a further dramatic fall in the rouble on Thursday despite raising the headline interest rate to 10.5%. The central bank, which has used billions of dollars worth of foreign reserves in a desperate ...
Tags: Russia's Central Bank, ruble
The U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ) announced today that XTO Energy, Inc. (XTO), a subsidiary of ExxonMobil and the nation’s largest holder of natural gas reserves, will spend an ...
China is likely to slash gasoline and diesel prices in the coming week due to sluggish domestic demands and a continuing crude price slump in the global market. The modern industries and living environments are built on the base of ...
Tags: Oil Prices, Mineral
The Middle East region is rich energy reserves and energy exports as the main support base while industrial production is weak. Middle East countries need to import large quantities of industrial products each year. Huge market demands make ...
Tags: Weichai products, Auto
BASF Group company Wintershall is continuing its growth course in Norway. By acquiring shares in the production fields Gjøa (5%) and Vega (24.5%), Wintershall is increasing its production in Norway from about 40,000 barrels of oil ...
Tags: Statoil, Wintershall, Construction
Diageo and Sean Combs have unveiled a newly-expanded portfolio from the luxury brand, DELEON Tequila, that brings the extraordinary product to a broader group of consumers through new Platinum and Reposado variants, starting at $60 MSRP. ...
Tags: Platinum Tequila, Agriculture
China experienced a third straight month of deficit in foreign exchange transactions as the country's growing appetite for foreign currency expands, according to new data published Tuesday. Chinese banks' forex purchases registered at ...
Tags: Foreign Currency, foreign exchange
Castle Brands, a developer and international marketer of premium and super-premium branded spirits, today reported financial results for the three and six month periods ended 30 September 2014. Operating highlights for the quarter ended ...
Tags: Castle Brands, Net sales, Agriculture
“Gulf Cooperation Council (GCC) chemical and petrochemical producers have reduced energy consumption per ton by 8% over the last two years through technical renovations,” says a sustainability report. According to the Gulf ...
Earnings from continuing operations grew 23 percent year-on-year in the first fiscal quarter ending September 27, 2014, at US based & NASDAQ-listed - G&K Services, a provider of uniform and facility services programs. In its first fiscal ...
East Africa is undergoing a major transformation to become a new world-class player on the energy market. By 2025, east Africa is expected to experience an incremental production growth of nearly one million barrels per day (b/d), led by ...
Tags: energy market, Hydrocarbon