Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
The announced merger between petrochemical giants Dow Chemical and DuPont will have a significant impact on the low-density polyethylene market and could be just the beginning of large-scale consolidations, an industry consultant said ...
Tags: Dow Chemical, DuPont, polyethylene, LDPE
New Orleans bunker fuel remained in short supply Thursday, which has caused high-sulfur product prices in that port to spike relative to the nearby and competing Houston market. New Orleans IFO 380 3.5%S was assessed at $205/mt ex-wharf ...
Australia-listed Stanmore Coal has appointed mining contractor Golding to restart production at its Isaac Plains mine in the first half of 2016, the miner said in a statement to the Australian Securities Exchange Thursday. Stanmore ...
Tags: thermal coal, coal
The Chinese mainland made around 104 billion U.S. dollars in non-financial investment in overseas markets in the first 11 months of 2015, up 16 percent year on year, an official of the Ministry of Commerce (MOC) said on Tuesday. Outbound ...
The UK is paying more attention to the impact from China’s easing economy upon the global economy. China’s economic slowdown has spurred Chinese enterprises to increased overseas engagement after a long learning period, Chinese ...
Liu Qiangdong, founder and CEO of JD.com, talks about the role the internet will play in future business operations in an interview with Sina. [Photo: sina.com] Liu Qiangdong, founder and CEO of JD.com, one of China's largest e-commerce ...
A screen shot of Rakuten online store. [Photo: global.rakuten.com] Rakuten, Japan's e-commerce market leader, and JD.com, China's leading direct online sales company, on Wednesday announced the signing of an agreement to establish a ...
Tags: online store, Rakuten, e-commerce
Logo of Alibaba. [File Photo: jdzj.com] Chinese and Russian companies vowed on Wednesday that they will cooperate more in online business. On the sidelines of the World Internet Conference (WIC), Russian Prime Minister Dmitry Medvedev ...
Any enterprise in any doubt about the Internet's promotional power need only look at Taiwanese beverage firm EjiA Biotechnology. The company, among 10 in Taiwan that won awards from Alibaba for their performance in e-commerce on Tuesday, ...
Tags: E-Commerce, Alibaba, B2B
Kraig Biocraft Laboratories Inc. said it is working with "a globally recognized performance apparel manufacturer" to develop applications for its advanced spider silk based fibers, which are made by genetically engineered silk worms. The ...
Gilat Satellite Networks Ltd of Petah Tikva, Israel (which provides products and services for satellite-based broadband communications) has signed a development agreement with a major aerospace systems integrator to further develop both its ...
Arbor Investments has acquired majority equity stake in California-based DPI Specialty Foods from Ireland-based Ornua Co-operative Limited. DPI sells gourmet, organic, ethnic foods to national, regional, independent retailers, ...
Tags: Arbor, DPI Specialty Foods, dairy products
Mitsubishi Corporation (MC) is pleased to announce the establishment of a new joint venture company, MM Cars Myanmar Limited (MMCM), with Yoma Nominee Limited (YNL), for the distribution (wholesale), retail sales, after-sales services, and ...
Tags: MC, motor vehicle, Myanmar
UK-based RPC Group will acquire French closures and dispensing systems manufacturer GCS Group for €650m in a bid to bolster its position in European plastic packaging market. RPC proposes to fund the acquisition by combining ...
Tags: RPC Group, plastic packaging, GCS Group