Transportation of petroleum and petroleum products by rail in the US in the week that ended Saturday totaled 13,098 cars, up 19.6% compared with the year-ago period, the Association of American Railroads said Thursday. In the year to ...
Tags: US Petroleum
PetroChina Co Ltd, the nation's leading oil and natural gas producer, said on Thursday it expects a 20-billion-yuan ($3.3 billion) annual profit boost from the government's natural gas price reform. That inflow will further buoy the ...
Tags: PetroChina, natural gas producer
Chinese smartphone maker Xiaomi has said the company is now worth 10 billion U.S. dollars after a new round of funding, presenting the latest evidence of Chinese smartphone makers' breakneck growth. The private company owns the ...
Tags: Smartphone Makers, Chemicals
Bahrain has lifted the restrictions on food imports from Japan, which were imposed after the nuclear disaster in March 2011, which was caused by a massive earthquake and tsunami that stuck the island nation. With this move, Bahrain has ...
Tags: Food Imports
The market share of Apple's iPad fell dramatically in China during the second quarter as a result of competition from Android tablets made by little-known "white box" vendors. The iPad has historically dominated China's tablet market, ...
World cotton trade is projected at 38.4 million bales in 2013/14, 18 percent below last season’s record of nearly 46.7 million bales. The decrease is attributable to the anticipated reduction in China’s import demand from an ...
Tags: Cotton Trade, Textile
The bedding industry recorded solid gains in July, with units jumping 4.9% and the wholesale dollar value of bedding shipments increasing 5.9%. For the first seven months of the year, the industry solidified the tenuous gains it recorded ...
Tags: Bedding, Light Industry, Daily Use
US-based coal producer Alpha Natural Resources has announced that its subsidiary Cumberland Coal Resources has resumed operations at its Cumberland underground longwall mine in Greene County, Pennsylvania and lifted the force majeure ...
Tags: Cumberland Mine, Mineral
In the January-July period of the current year, Tatarstan-based Almetyevsk Pipe Plant (ATZ), a subsidiary of Russian pipe producing company United Metallurgical Company (OMK), produced 129,000 mt of steel pipes, up 10 percent year on year. ...
Tags: Steel Pipe Output, Mineral
Oil prices dropped on profit- taking Monday after gains for six trading days on concerns that the unrest in Egypt could disrupt oil supplies. Although Egypt is not a major oil producer, it controls the Suez Canal and the ...
Tags: Oil Prices
The rise of LED technology is affecting every part of the commercial lighting industry. Falling prices and improving quality are driving widespread adoption of LEDs, and this single technology appears likely to surpass all others in nearly ...
DecisionPoint Systems, Inc., a leading provider and integrator of Enterprise Mobility, Wireless Applications and RFID solutions, reported financial results for the second quarter and six months ended June 30, 2013. Second Quarter 2013 ...
Coming off of the month of June, which showed fairly flattish global trade growth, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, showed a spurt in activity in July. U.S.-bound ...
Tags: global trade, economy
Following the success of similar previous facilities built for Vietnam Brewery Limited (VBL), Sidel was asked to install another high-speed, beer-canning line. The new line was the third in as many years for VBL, of which Heineken: "The ...
Tags: Packaging, Printing, Processing Machinery
Mid-power LED shortages are expected to ease in the third quarter of 2013 due to increasing LED suppliers while high-power LED prices have dropped as outdoor lighting demand and construction bidding projects fell below market expectations ...