China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook. China is expected to provide further hints of ...
Tags: economy growth, economic reforms
Turkey has imposed an additional 50 per cent customs duty on Pakistani handmade carpets, which can have tumultuous impact, since Turkey is the second biggest importer of Pakistani handmade carpets. The imposition of the duty comes ...
Tags: Handmade Carpets, Carpets
The merger date of Sysco Corp. and US Foods Inc. has been extended by 60 days from March 8 to May 7 because of the scheduled anti-trust hearings to be held in May, said food distributor Sysco in a filing with the US Securities Exchange ...
Tags: Sysco Corp, US Foods, Merger Date
Medtronic has seen its fair share of bad patent news of late. Last year, the company agreed to pony up more than $1 billion to settle patent litigation with Edwards Lifesciences. Now, the company stands to lose out on a significant cash ...
Tags: Medtronic, Medical Device
Canadian food safety organisation Prairie Diagnostic Services (PDS) has received a $549,278 funding from Harper Government to purchase new equipment to expand and modernise its testing efficiency. This new financial support will help PDS ...
Tags: Food Safety, New Equipment
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...
Toyota has commenced production of its first hydrogen fuel cell vehicle (FCV) dubbed Mirai at the company’s Motomachi Plant in Toyota City, Japan. The car is a four-door mid-size sedan capable of accelerating from 0-60 mph in 9.0 ...
Tags: fuel cell vehicle, Toyota
For the fourth fiscal quarter ended January 31, 2015, Wal-Mart Stores, Inc, the biggest global retailer posted a 1.4 per cent year over year hike in consolidated net sales. Consolidated net sales for the fourth quarter amounted to $130.7 ...
Tags: Wal-Mart, e-commerce
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
Leading apparel manufacturers from Lesotho, South Africa, and Botswana, with support from the US government, are participating in the ‘Sourcing South Africa’ pavilion at MAGIC apparel expo to be held from February 16 to 19, ...
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. equities weakened and the dollar fell. The most active gold contract for April delivery rose 6.9 U.S. dollars, or 0.56 percent, to settle at ...
Tags: Gold futures, Physical demand
Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
US President Barack Obama has proposed the establishment of a single food safety agency that will consolidate the responsibilities of the Food and Drug Administration, Food Safety Inspection Service, and other related agencies. Proposed ...
Tags: Food Safety, FDA
US demand for construction chemicals used in on-site applications is projected to grow 8.2 percent per year through 2018 to $12.1 billion. Gains will be primarily driven by double-digit increases in building construction expenditures, ...
EPA proposes new requirements for Bt corn New framework could change the way farmers use Bt corn. The Environmental Protection Agency (EPA) is seeking public comment on proposed framework intended to delay the corn rootworm pest from ...
Tags: corn rootworm, scientific tests, Agriculture