Philips reports second-quarter comparable sales growth of 3% to EUR 5.7 billion; operational results improve by 30% to EUR 530 million Comparable sales in growth geographies up 12%, driven by China EBITA was EUR 603 million, or 10.7% of ...
4 heavy trucks of FAW Jiefang Automotive Co., Ltd equipped with Aowei motors Wuxi Diesel Engine Works (WXDEW) are showcased at the 14th Construction Equipment and Technologies in Russia (CTT). Two J6 dumpers and one J6 tractor as well as ...
Tags: Russian CTT, Transportation
The first estimate for the euro area (EA17) trade in goods balance with the rest of the world in May 2013 gave a 15.2 billion euro surplus, compared with +6.6 bn in May 2012. The April 20132 balance was +14.1 bn, compared with +3.3 bn in ...
Tags: economy
The cold spring and problems in emerging markets are likely to put a chill on Unilever's second-quarter and half-year results, predicts City analyst Investec. The cold spring in the northern hemisphere threatened to put the chill on ...
Tags: Agriculture, Food, ice cream
The national bureau of statistics announced, in the first half of 2013 the Russian steel production fell 2.8% year on year, to 34.7 million tons. Iron production fell by 0.8%, to 25.1 million tons. Finished product rolling production fell ...
Tags: steel, Construction, steel pipe, steel products
Mechel, a Russia based world reputable leading fully integrated steel company has commissioned Italy's plant maker Danieli build universal rolling mill. The rolling mill is designed to achieve annual production of 1.1 million tons of ...
Tags: Construction, Metallurgy, Mineral, Energy, Rolling Mill
Russia-based Mechel has announced that it is selling its 100 percent stake in UK-based steel plant Invicta Merchant Bar and its debts to Mechel to privately-owned Helium Miracle 127 LLP for £1.1 million. Invicta Merchant Bar was ...
Tags: Steel Plant, Mechel
According to the World Steel Association (worldsteel), in June this year the crude steel output of 64 countries surveyed across the globe reached 132 million mt, increasing by 1.9 percent on year-on-year basis and down 3.15 percent compared ...
Tags: Crude Steel Output, Mineral
Zhejiang Geely Holding Group (Geely) has signed a deal with the Belarusian government to establish a large joint venture automobile assembly project, marking the first automotive joint venture between China and Belarus. Under the ...
Tags: Automobile Assembly, Geely
International Paper (IP) has finalized the previously announced sale of its Temple-Inland Building Products division to Georgia-Pacific Building Products for $710m in a bid to focus on its paper and packaging business. IP chairman and ...
Tags: International Paper, Packaging
Total retail search volumes grew 15% in the second quarter of 2013 compared with the same quarter a year earlier. Search volumes on tablet devices outpaced those on any other device, increasing 132% compared with growth on smartphone ...
Textile and clothing exports from member countries of the Association of Southeast Asian Nations (Asean) declined sharply in 2012, according to Textiles Intelligence. The main causes were declines in exports to the USA and the EU, ...
Mazda says it is on the path to remain profitable after having finally turned its fortunes around last year, marking the first time in five years the Japanese manufacturer has posted a profit. The company made $34.3 billion yen ($372 ...
Tags: Mazda, Auto Parts
At the 14th Russia Construction and Engineering Machinery Expo, Shaanxi Automobile Co., Ltd (SHACMAN) showcases five HD trucks, namely, Delong F3000 high-roof CNG tractor, Delong F3000 flat-roof coupled truck, Delong F3000 flat-roof dumper ...
Performance, Ride & Handling 3.5 Comfort & Interior 5 Quality & Design 4.5 Value & Features 3.5 The Audi A3 Sedan is the answer to a question so many have been asking: a small, affordable luxury sedan with killer looks. Germany's ...
Tags: Audi, auto, car, Transportation