US demand for liquid fuels will rise slowly over the next two years to 18.77 million b/d in 2014, driven by distillate and liquid petroleum gas consumption from a recovering industrial sector, the Energy Information Administration said ...
Tags: liquid fuels, liquid petroleum gas, US, Energy Information Administration
Montreal-based branded basic apparel manufacturer Gildan Activewear Inc. has finalized the acquisition of CanAm Yarns LLC (CanAm) — its 50-percent-owned yarn-spinning joint venture (JV) with Frontier Spinning Mills Inc., Sanford, N.C. ...
Business Standard reported that Indian steel mill’s dependence on pellets as a raw material is set to increase by at least 13% points in the next two years, due to shortage of high grade iron ore in India. Data compiled by OreTeam ...
Tags: India, steel mill, pellets, raw material
Business Line reported that Ambuja Cements Ltd plans to invest INR 2,000 crore for capacity expansion in Rajasthan and northern regions. The proposed project at Rajasthan would add 5 million tonne capacity to the company’s total ...
Tags: Ambuja Cements Ltd, capacity expansion, Cements, company news
Business Line cited Mr E Sudhir Reddy chairman of IVRCL as saying that several regulatory changes need to be brought about to accelerate the growth of the country’s infrastructure, which is now in a state of considerable stress. Mr ...
Tags: infrastructure, Change Norms
THE Sinopec Group, the world's fifth largest oil company said that it will jointly study shale gas development with ConocoPhilips in southwest China's Sichuan Basin over the next two years. A statement from Sinopec said the Sinopec ...
Tags: THE Sinopec Group, oil industry, shale gas, ConocoPhilips
Retailers have had another rocky year with more high street closures piling up, while online spend continued to enjoy double digit growth. As consumer spending remained stagnant, companies looked to their digital channels to bolster sales. ...
Assembly line workers are logging 12-hour days to churn out the latest handsets for Samsung Electronics at a factory in Huizhou, China. 24-year-old Wang Hong Wei knows what it's like: He and about four to six others would collectively ...
Tags: Samsung Electronics, Foxconn, Chinese factories, working hours
Fitch Ratings forecasts that after a period of severe destocking in 2012,raw steel production in China will grow 3%to 4%in 2013.But the ratings agency also believes that Chinese steel demand has likely peaked and should grow at less than ...
Organizers of Invest in Photonics 2012, a two-day international convention on photonics venture capital (VC) investment, said that participation at last month’s event increased “despite a tough investment decade in ...
Tags: Photonics, photonics venture capital, investment, lighting
BNamericas reported that workers at US based Southern Copper's Cuajone and Toquepala copper mines and its Ilo smelter will begin an indefinite strike on December 24th 2012 to demand higher wages. Mr Ricardo Juárez Union ...
Tags: Southern Copper, copper mines, indefinite strike, higher wages, Peru
Canonical has released both the server and desktop editions of 12.10 Ubuntu, which offers a glimpse of how this Linux distribution will evolve in the next few years. Ubuntu 12.10 "effectively sets out the future direction of how Ubuntu ...
Tags: Canonical, server, desktop editions, 12.10 Ubuntu, Linux distribution
Hewlett-Packard has reported an $8.9bn loss in its third fiscal quarter, with earnings 568% down compared with the same period the year before. Hewlett-Packard (HP) was forced to write down the value of some assets, mostly related to its ...
Tags: HP, Loss, Quarter, Computer Products
On December 24, more than 30 Taiwanese LED manufacturers have formed LED Lighting Industry Alliance, aiming at facilitating information exchange among member firms and offering suggestions to the government regarding the industry. ...
New research released Monday indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must ...
Tags: Coal, Copper, Diamond, Gold, Iron Ore, Nickel, Oil Sands, Potash, Rare Earth