Underground natural gas storage capacity should be expanded to increase the nation's strategic energy reserves and ensure supply, said a senior official from China Petrochemical Corp (Sinopec), the country's biggest refiner. Sun Jian, ...
Tags: Underground Gas, Energy Security'
Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral
China's confidence in achieving its economic growth rate of around 7 percent this year is not weakened despite rising downward pressure, a senior official said Thursday. The economic development has entered "new normal" and economic ...
Mexico-based soft drink bottler Coca-Cola Femsa has plans to invest $200m to expand its operations in Brazil. The company intends to use the investment on developing different kinds of packaging such as minipets. It will also invest in ...
Tags: soft drink, Coca-Cola
In the fourth quarter of 2014, adjusted earnings per share at retailer Target Corporation grew 14.9 per cent from the same quarter of 2013. Adjusted earnings per share rose to $1.50, up 14.9 per cent from $1.31 in 2013, while full-year ...
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2014 of $392.9m, up 18% on $331.7m in 2013. Fourth-quarter 2014 revenue was $113.6m, up 22% on $93.3m last ...
CEPI especially welcomes the emphasis put on delivering competitive energy prices, investing in the bioeconomy and establishing synergies between the energy efficiency, resource efficiency and circular economy policies. “This ...
Pakistan’s ministry of textile industry has announced the long-awaited Textile Policy 2014-19, which sets annual exports target of US$ 26 billion by 2019. “The annual exports target of $26 billion by 2019 is ambitious but ...
Tags: Textile Policy, Textile
For its fiscal second-quarter 2015 (ended 27 December 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $86.8m, down 15.6% on $102.9m a year ago and ...
Tags: end-market, Telecoms
Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced that it has partnered with Tian Jin Sen Yong Tai Co Limited, to establish a joint venture for ...
Medtronic as of Monday expected to complete its $48 billion merger with Covidien—after clearing its final hurdle with the Irish High Court's sanctioning of the deal. Bloomberg dubbed the merger the biggest inversion ever, while ...
Improved margins drove profit before depreciation, interest and taxes (PBDIT) by 114 per cent year-on-year at Reliance Retail during the third fiscal quarter ending December 31, 2014. Reliance Retail said it posted its highest ever profit ...
Tags: LED Reliance Retail, stores, Apparel
Grover Norquist and Paul Blair of Americans for Tax Reform (president and state affairs manager, respectively) recently published an article on National Review where they discussed about how electronic cigarettes bare the truth about public ...
Tags: Electronic Cigarettes, Public Health Deception, Consumer Electronics
A group of bipartisan business and government leaders released a report Friday that looks at the economic effects climate change is likely to bring to the Midwest, including the region’s farmers, and concludes that in some of the ...
Tags: climate, noon webcast, Agriculture