Gold jewelry demand cooled in China in 2014, in sharp contrast to the frenzied off take in 2013, and plunged 33 percent year-on-year to 624 metric tons, according to data published by the World Gold Council on Thursday India displaced ...
Tags: Gold jewelry, Gold
Coal provides nearly two thirds of China's energy, but for mining companies, this winter could not be more chilly. The government has done its best to save the day, but it is not enough to force up the price of coal, even in the short ...
Tags: Coal Industry, Coal
With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
The Cotton Corporation of India (CCI) has planned to operate 343 procurement centres in 92 districts spread across 11 cotton growing states in the country, during the ongoing cotton season that began on October 1, 2014, Minister of State of ...
Gold demand dropped in China during the third quarter of the year to a five-year low amid slumping prices and a nationwide anti-graft campaign, the World Gold Council said on Thursday. According to the WGC, the latest trends put China ...
Tags: Gold demand, Gold Products
The Confederation of Indian Textile Industry (CITI) has predicted that there would be an increase in the demand of Indian textiles in the domestic and global markets. In a statement, CITI chairman Prem Malik said there was a decline in ...
Dairy Crest Group, Britain's largest dairy food company, plans to slash about 260 jobs and close its Hanworth glass bottling dairy and Chard facility, owing to lower demand for glass bottles and financial viability. As part of the plan, ...
Tags: Chard Facilities, Food
Belgium-based Picanol Group, which is celebrating its 50th anniversary in China, saw its revenue plunge 28% year-on-year in the first six months of 2014, in what it called a significant slowdown period. Picanol reported sales of Euro ...
Tags: Sales, Picanol Group, Textile
China's refined copper surplus is expected to widen in 2014, on lower demand from the collateralized borrowing sector, as well as a slowdown in the domestic private sector's construction activities, Chinese industry experts said Thursday. ...
Tags: Refined Copper, Copper, Metallurgy
Volvo Group's truck division has sold 17,410 vehicles during May 2014, an increase of 4% compared with the same month previous. May experienced an unfavorable product and market mix. Deliveries of heavy duty trucks were on the same level ...
The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts ...
Tags: fuel consumption, crude production
The outlook for pig iron exports from the Commonwealth of Independent States has been hurt by continued weakness in iron ore pricing, bearish scrap sentiment and Ramadan-related slowdown in Turkish demand, local sources said Friday. ...
Tags: Pig Iron, Ramadan-related slowdown
Political instability in Thailand has cast a shadow on the country's auto market and stands to reduce demand and output in the coming months, Japanese automotive components supplier sources said Tuesday. Japanese automakers with ...
Tags: Automakers'Output, automakers
Volvo Group has reported 1% increase in deliveries from of its trucks in April 2014 to 16,354 vehicles, compared to same month previous year. In April 9,365 Volvo trucks were delivered, a decrease of 2% compared with the same month last ...
Tags: Volvo Trucks, trucks
China's gold demand fell 18 percent in the first quarter as investors bought fewer bars and coins, offsetting record interest in jewelry, the World Gold Council said. Purchases declined to 263.2 metric tons in the three months ending ...
Tags: Gold Demand, jewelry consumption