The sharemarket suffered its biggest fall for four weeks yesterday as resources companies sank in response to ongoing questions about the global economic outlook and fear that the collapse in gold prices could force some funds to sell ...
Tags: Miners, Global Outlook
The sharemarket has closed lower, led by sharp losses among the big miners. At 4.18pm AEST, the benchmark S&P/ASX200 index was down 80.2 points, or 1.6 per cent, at 4924.4 points. The broader All Ordinaries index was down 82.3 points, ...
Tags: Miners, BHP Billiton
Production of the Mini Countryman will begin in India later this year, marking the first time the BMW-owned British brand has manufactured vehicles outside Europe. The Mini One Countryman and Cooper D Countryman will be the first models ...
Tags: Auto, Transportation
Over the next three years revenues for new flue gas desulphurisation (FGD) systems (not including repairs) will rise and fall over a range of $3-4 billion per year. The reason for the substantial fluctuation is the size of individual ...
Arbitrage shipments of styrene monomer from the US and Europe are set to arrive in China in late May and June, likely widening the backwardation between the two months in the Asian SM market, trade sources said Thursday. Around ...
Tags: SM Arbitrage Cargoes, Chemicals
Indonesia's state-owned oil and gas entity Pertamina has lined up gasoline term imports of 8.9 million-9.1 million barrels for May, down from total imports of 9.48 million-9.68 million barrels in April, trade sources said this week. Of ...
German luxury carmaker BMW has commenced the production of the MINI models at its production plant in Chennai, India. The carmaker expects that the production will help meeting the increasing demand for MINI cars in the Indian market. ...
Tags: BMW, Mini Models
Pastry is the name given to various kinds of baked products made from ingredients such as flour, sugar, milk, butter, shortening, baking powder, and/or eggs. Small tarts and other sweet baked products are called "pastries." Pastry may ...
Tags: Delicious Food, Pastries
In spite of difficult market conditions in its core fiber business, the Lenzing Group succeeded in achieving the second-best business result in its history in the 2012 financial year. This can be attributed to new record fiber sales volumes ...
Tags: Textile, Textile Industry
Tony Lo offered a thumbnail sketch of the global cycling market through Tony’s Report — a short weather report for the industry. Europe? The weather has been cloudy, rainy and windy. First quarter sales were hammered by bad ...
Tags: cycling market, Lo
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
THE sharemarket rose the most in seven sessions after commodities and offshore equities saw some recovery from recent weakness caused by China's disappointing economic growth data, the collapse in gold prices and the Boston bombings. ...
Tags: economy
US spot paraxylene jumped $55/mt this past week amid stronger demand from Asia, industry sources said Friday. Thursday's spot PX assessment of $1,445/mt FOB US Gulf Coast marks the highest level since March 25, when it was assessed at ...
Tags: US Spot PX, Chemicals
South Asia’s first international Children Baby Maternity Industry Expo India (CBME India) held in Mumbai met with exceptional response from visitors and exhibitors alike for its debut show. The trade event held from 11-13 April 2013 ...
Tags: Baby Maternity Expo, Textile
Prime Minister Julia Gillard has backed National Manufacturing Week (NMW), Australia's largest integrated manufacturing industry event taking place from 7–10 May in Melbourne, as a showcase of Australia's manufacturing strengths. ...
Tags: Service