China just notched up its third-largest quarterly trade surplus on record: a whopping $86 billion, equivalent to roughly the entire output of the Danish economy over the same time. But if you look a little bit closer at the seemingly ...
Tags: economy, china trade surplus, china economy
Swedish-Danish company AarhusKarlshamn (AAK) has acquired Fabrica Nacional de Grasas, a Colombian company that specializes in vegetable oils and fats for the bakery segment. The company reported revenues of approximately SEK270m in 2013, ...
Tags: AAK, vegetable oils, Food
The American Iron and Steel Institute (AISI) and more than 40 other associations are urging the State Department to move ahead toward completion of the Keystone XL pipeline. In a letter sent Tuesday to Secretary of State John Kerry, in ...
Tags: Steel products, Metallurgy, Mineral, Energy
Retailing in India is one of the pillars of its economy and accounts for 14 to 15 percent of its GDP. The Indian retail market is estimated to be US 500 billion dollars and one of the top five retail markets in the world by economic value. ...
Tags: Apparel, Accessories, Textile
The report includes data about production, consumption and the trade of pulp, paper and raw materials, as well as data on energy and environment. CEPI members produced 91.1 million tonnes of paper and board in 2013. This is a decrease ...
China's coal mining and washing industry reported profits falling 43.9% year on year to Yuan 51.26 billion ($8.3 billion) during the first five months of this year, mainly due to sagging coal prices, data from the National Bureau of ...
Tags: Coal Mining, Washing Industry
China and the United States signed a package of agreements on energy efficiency projects here on Wednesday, a move expected to deepen energy cooperation between the world's two largest economies. The deals include a program of distributed ...
Tags: Energy Efficiency
On June 10, the Turkish Statistical Institute (TUIK) announced that Turkey's gross domestic product (GDP) in the first quarter of the current year grew by 14.8 percent to TRY 407.31 billion ($184.18 billion) in current prices and by 4.3 ...
Tags: gross domestic product
The first half of 2014 is drawing to a close but the wait continues for a strong economic upturn that would globally spark sustainable sales growth in the high-tech industry. So far, what many industry observers and economists can point ...
Tags: Electrical, Electronics, High-Tech Industry
The Government of Kenya is fast-tracking setting up of three special economic zones (SEZs), which would also house apparel factories, Standard Digital reported. About 2,000 sq km are has already been set aside for the three SEZs being ...
Tags: Apparel, Accessories
Brazil’s civil construction union SindusCon-SP sees a lower increase in the sector’s gross domestic product (GDP), it said, adding the growth in 2014 would be between 1 and 2 percent, year on year. The forecast is below the 2.8 ...
The U.S. economy took a beating from an especially harsh winter during the January-March quarter, skidding into reverse for the first time in three years. But spring has arrived and along with it, signs that the chill was just a temporary ...
Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
China will try to quicken the pace of economic reform this year as part of the government's efforts to arrest a slowdown in the world's second-largest economy, the country's top economic planning agency said late on Saturday. The National ...
Tags: Faster Reform, Slowing GDP
Sri Lanka’s single largest apparel exporter Brandix has enlisted the services of the USA headquartered Center for Creative Leadership (CCL), one of the world's Top 5 providers of executive education, in a major new initiative to ...