Methanex, the world’s largest producer and supplier of methanol to major international markets, has increased its regional contract price for the Asia-Pacific region for March 2015 contracts. For the Asia-Pacific region, Methanex ...
Tirupur Exporters’ Association has welcomed today’s decision of the Reserve Bank of India (RBI) to reduce the Policy Repo Rate by 25 basis points (bps) from 7.75 per cent to 7.50 per cent, and urged banks to pass on the benefit ...
Tags: Repo Rate
Global yarn production witnessed a rise of 6.3 per cent in Q3/2014 in comparison to Q3/2013. This was supported by an increase of 7.3 per cent in output in Asia, whereas the other regions saw declines of 3.1 per cent annually in Europe, 2.4 ...
Tags: Yarn Output, Textile
China's machinery industry continued to expand in 2014 but at a softer pace due to sluggish domestic demands and piling inventories, new data showed on Wednesday. The added value of the sector increased 10 percent year on year in the last ...
Kraft Foods is reformulating a few of its Capri Sun drinks by replacing high-fructose corn syrup with sugar. This comes in response to increasing demand from parents for inclusion of more natural ingredients in beverages meant for ...
Tags: Kraft Foods, Capri Sun drinks
According to a report by medical industry experts that insurance costs has been going up due to the rising medical costs and an aging population while insurance funds continue to be saddled by the slowdown in the economy. The government ...
Tags: Health Insurance, medical industry
Winds of change will be blowing into the Chicago Auto Show. Toyota’s Camry mid-size sedan, the best-selling car in America for the past 13 years, and Corolla compact sedan, the world’s best-selling car of all time, will debut ...
Tags: Sporty Camry, Toyota
In an ongoing effort to better serve its customer base of independent retailers, PPG Architectural Coatings, a business of PPG Industries, has announced the launch of the all-new PPG Pittsburgh Paints brand, combining the heritage and ...
Tags: contractors, professional painters, homeowners, Construction
Improved global operations and a lower effective tax rate drove net income growth by 46.87 per cent year on year at value added yarns producer, Unifi Inc in the second quarter ended December 28, 2014. Unifi said its net income for the ...
Tags: tax rate, net income, Textile
Halfords Group plc reported same-store sales by its Cycling and Travel Solutions stores increased 7.6 percent and 5.7 percent respectively in the 15 weeks and fiscal third quarter ended Jan. 9. The UK’s leading retailer of ...
Tags: Same-Store Gains, Sporting Goods
China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil
The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
Google Glass may still be the preserve of developers and early adopters, but that hasn't stopped Tesco launching an app for the device. Called Tesco Groceries, the glassware lets you search for products just by speaking. Say "OK ...
Tags: Tesco, Google Glass, Consumer Electronics
Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...
Tags: crude prices, Crude Oil
December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner