Customers are using less cash than ever as retailers make it easier and more convenient to shop and pay. New data reveals that a growing proportion of smaller payments previously made in cash are now being made in other ways. The ...
Tags: Cash, smaller payments
Political instability in Thailand has cast a shadow on the country's auto market and stands to reduce demand and output in the coming months, Japanese automotive components supplier sources said Tuesday. Japanese automakers with ...
Tags: Automakers'Output, automakers
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
India's Supreme Court has announced a partial mining ban affecting about half of the iron ore mines located in the Indian state of Odisha due to non-renewal of mining leases. The Supreme Court also said that several mines have been found to ...
Tags: Iron Ore, Iron Ore Mines
Opel will develop new assistance systems to increase efficiency and safety in urban transport under its participation in the UR:BAN research project (user oriented assistance systems and network management). The goal of the partly German ...
Tags: Auto Parts, Accessories, Vehicles
Due to unbalanced economic development, the four countries such as Burma, Laos, Cambodia and Vietnam joined the AEC of the time will be delayed until 2018. There is a big gap between the four countries and other Asean countries in the ...
American automaker Ford Motor is planning to recall about 1.4 million vehicles in North America due to issues such as air bag malfunction and improper door handles. The company is recalling about 692,500 Escape and C-Max models, including ...
Tags: Ford Motor, Ford
Bangladesh will ink an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country's first LNG import terminal at Moheshkhali Island, a senior Petrobangla official said Friday. ...
Tags: LNG Import Terminal
Indonesia's Newmont Nusa Tenggara was expected to reduce production at its Batu Hijau copper and gold mine around June 1, unless it is able to complete the process to secure an initial export permit from the government, the company said ...
Tags: Copper Output, PT Smelting
The $156 million final judgment against Nucor Corp. Reliance Steel & Aluminum Co., American Alloy Steel Inc. and JSW Steel (USA), for conspiring to drive competitor MM Steel LP out of business was delayed Monday by US District Judge Kenneth ...
Tags: Metallurgy, Mineral, Energy
Following Transport and Logistics News' recent report on the TWU's concerns about road tankers (Defuse mobile bombs [dangerous tanker trucks]: TWU), our expert reader Nelson Mansfield has offered the following counter argument. Nelson ...
Tags: Trucking Industry
A national tribunal is to consider minimum safety standards for Australian petrol tankers, after nationwide research revealed 1 in 4 tanker drivers were pressured to speed and 1 in 2 drivers reported inadequate brake inspections. ...
US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the first quarter of the current year. According to the financial results, Sandvik's net profit for the first quarter was SEK 1.5 ...
ICE Cotton futures gained almost 100 pts this week basis the N4 to settle at 93.25 c/lbs. Thursday was the soon-to-expire K4 contract's First Notice Day, which was preceded by a large drop in OI via EFP and EFS transactions, rumored to be ...