German chemical giant BASF Group announced recently, its financial performance in 2012 hit the record, and the sales grew 7% compared to 2011. In the fourth-quarter, BASF sales reached Euro 19.6b, up 9% year on year; EBIT reached Euro ...
Indonesia's Indofood Agri Resources said Wednesday that global demand for natural rubber slowed in 2012 as a result of an adverse global economy and a slowdown in tire replacement sales. Due to the weaker demand, it said RSS 3 SICOM ...
Tags: Tire Sales, Chemicals, natural rubber
The German company SCHOTT has announced that it plans to rely on its strong core businesses Pharmaceutical Systems, Home Tech, Electronic Packaging and Advanced Materials to deliver growth in fiscal year 2012/2013 (October 1, 2012 – ...
Tags: SCHOTT, strong core businesses, Pharmaceutical Systems
The next 5-10 years will present a significant challenge for global business, with a new event promising to help business leaders navigate the ‘biggest period of global change since the industrial revolution’. The inaugural ...
Broadband connectivity has the potential to transform education by giving teachers and students access to learning resources and technologies that will allow them to improve their skills in the context of a globalized economy, according to ...
Dutch organic food group Wessanen has widened its net loss in fiscal 2012 due to impairments and restructuring charges. In the 12 month period, net losses widened to EUR53.2m (US$70.1m) from EUR17.1m a year earlier, it said today (22 ...
Tags: Dutch food group, food groupfood
The National Retail Federation issued the following statement from Vice President for Supply Chain and Customs Policy Jonathan Gold on the ratification of a contract between the International Longshore and Warehouse Union Local 63 Office ...
Tags: retailers, manufacturers, Textile
The International Cotton Association (ICA) will deliver its ‘Managing risk in a volatile world’ training course in Festival City, Dubai on 3-4 September 2013. Developed in response to industry feedback, this ...
Tags: ICA, Managing risk training course, Dubai
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
Before the Spring Festival, the inventory level is on the low side, and the manufacturers didn’t stock the glass on purpose. After Spring Festival, the middle and down stream processors will fill inventory seasonally which will raise ...
Tags: glass fiber industry, glass, flat glass
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
Data from the United States Department of Commerce and the National Retail Federation (NRF) today showed that January retail sales were up compared to December as well as on an annual basis. Commerce reported that January retail sales at ...
Tags: United States Department of Commerce, NRF, January retail sales
It’s reported that Jindal Stainless, the largest stainless steel producer in India released its financial result for the fourth quarter of 2012. The company posted a net loss of INR2.57 billion for the fourth quarter of 2012, ...
Tags: Jindal Stainless, stainless steel product, company news
An unhealthy cash flow cycle exists among Australian businesses, with 62 per cent of accounts settled late and firms taking on average, 52 days to pay their bills, according to the latest Trade Payments Analysis by Dun & Bradstreet. The ...
According to statistics released by the Japan Iron and Steel Federation (JISF), the country’s exports of stainless steel products totaled 1,176,513 tons in 2012, falling by 6.4% in a year ago. The dropped exports of stainless ...
Tags: Japan Iron and Steel Federation, stainless steel products, exports