Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
Tags: Home Retail Group, Argos
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
Brazilian hydrous fuel ethanol demand in October rose 45% year on year to 1.75 billion liters, the fourth monthly consumption record in a row, according to data released by the National Petroleum Agency, or ANP. October's total was also 7% ...
Tags: hydrous ethanol, hydrous fuel, gasoline
The LED luminaire industry started to attract market attention, after Japanese manufacturer Panasonic launched its first glass omnidirectional LED bulb. The pioneer bulb had a transparent substrate with a dual-sided light emitting surface. ...
Tags: LED lighting, glass omnidirectional LED bulb, LED incandescent bulb
US ethylene contacts for October settled 0.25 cent/lb lower, with the month's net transaction price at 28.25 cents/lb, market sources said Wednesday. The decrease puts contract prices at their lowest level since the 27.75 cents/lb seen in ...
The Northwest European styrene monomer premium over feedstock costs has fallen to a 2015 low, Platts calculations show, as a balanced market left consumers eager to normalize November spreads over feedstocks to levels similar to the start ...
Tags: Styrene, feedstocks, premiums
In order to breath life into the flagging euro zone economy and fending off deflation, The European Central Bank is poised to announce a plan to buy government bonds, resorting to its last big policy tool. Market expectations are sky-high ...
Trading improved in the final quarter of ScS' financial year, resulting in total like-for-like order intake for the 26 weeks to 25th July 2015 being up 1.4% on last year, reports ScS in its latest trading update. Total like-for-like sales ...
Tags: trading upgrade
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in a recent report. The People's Bank of China on Tuesday adjusted the ...
Although Advanced Semiconductor Engineering Inc. (ASE), reportedly the world's No.1 pure IC assembler, posted reduced earnings in the second quarter, the company remains upbeat about its business outlook for the third quarter due to having ...
Debenhams has issued a trading update for the 15 weeks and the 41 weeks to 13th June 2015, and confirms the business is on track to meet full-year market expectations. Group gross transaction value was up 0.4% for the 15 weeks, and 1.7% ...
China's economic growth slowed to 7 percent in the first quarter of 2015, down from 7.3 percent in the fourth quarter, the National Bureau of Statistics (NBS) announced on Wednesday. The latest figure was better than the forecasts by ...
Tags: Chinese economy, consumer prices
Despite concerns over lethargic industrial output and increasing downward pressure in the first quarter (Q1) of 2015, growth in China's key emergent sectors fed positive sentiment. Industrial output in China grew 6.4 percent year on year ...
China will accelerate price reform this year in sectors such as electric power, head of the country's top price regulator said Thursday. The National Development and Reform Commission (NDRC) will further strengthen its efforts on price ...
Tags: Price Reform, electric power
In an unaudited trading update for 2014, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects full-year revenue to be about £112m (down 11.7% on £126.8m in 2013, but in line with expectations). ...