Aston Martin has posted a £24.6 million ($41.5 million) loss for 2012 on the back of diminishing demand for its luxury sports cars. The Telegraph in the UK reports demand for the Gaydon-based manufacturer’s high-end V8- and ...
Tags: Aston Martin, Falling Demand
Hyundai Motorsport GmbH says it is committed to its three-year World Rally Championship program starting in 2014, but admits timing is tight. Unlike rival manufacturers Volkswagen and Citroen, who already have team structures and mature ...
It's likely that few folks have accused Ashley Korenblat of thinking small. The industry veteran, mountain bike advocate and entrepreneur wears many caps, including that of organizer of Outerbike, a consumer demo event opening for its ...
Tags: Transportation, bike
Offshore chemical engineering specialist Aubin has grown its presence in the Middle East, projecting nearly £3m worth of sales in the region this year as well as the introduction of local manufacturing. The Aberdeenshire-based ...
Tags: Construction, Decoration
A small upturn in prices for sub-5,000 kcal/kg NAR Chinese thermal coal on perceived stirrings of restocking activity for the upcoming northern hemisphere winter and some market tightness was seized on by traders Friday. South China ...
Tags: Coal, Metallurgy, Mineral, Energy
Chinese oil companies are becoming more active in the international crude trading market, rather than just acquiring the fuel for domestic use. China's top oil refiner, Sinopec Group, has purchased crude from the Forties oil field, the ...
Tags: oil refiner, Sinopec
Ethanol production in Brazil's key center-south region fell 9.6% in the first half of September compared to the last half of August, but rose 3.9% year on year, data released by trade group UNICA showed Tuesday. Total ethanol output for ...
Tags: Ethanol Production, Mineral
Northwest European butane prices remain too high to attract petrochemical buying despite their recent slide, sources said Thursday. "At this stage we can't afford these butane levels," said a trader. Delivered prices of butane coasters, ...
Walki, a manufacturer of technical laminates and protective packaging materials, has unveiled its new green field plant at Wroclaw in Poland. The new plant, which has a production capacity of about 50,000t per year, will initially meet ...
Tags: Walki, Green Field Plant
After trading to a low of 82.11 cents last week, downside momentum faded and the market was able to move slightly higher this week, with December closing today about 300 points above important long-term support at 81.72 cents. The lack of ...
Tags: NY Futures, Textile
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan will release its prices for AP plates (materials without mill certificate) for October in next week. Previously, CSC planned to raise its AP plate prices for September, ...
Tags: Steel, Construction
In the past two weeks, the Mexican domestic hot rolled coil (HRC) prices dropped by US$14/ton to reach US$731/ton ex. mill. Meanwhile, it is estimated that the Mexican automobile would develop rapidly for a long time because the production ...
Tags: Construction, Metallurgy, Mineral, Energy, HRC
Microsoft’s acquisition of Nokia was a defensive move to keep the Finnish phone maker from going under or falling into the hands of an Android-first rival, several analysts argued this week. “Had Nokia abandoned Windows Phone, ...
Tags: Nokia Deal, Microsoft
It’s Fashion Week in New York this week, and for MakerBot, the global leader in desktop 3D printing, that means it’s time to unveil a 3D printed fashion item and talk about an exciting new product in the world of filament. The ...
Tags: Garment, 3D Printed
Gold futures on the COMEX division of the New York Mercantile Exchange on Wednesday went down to settle at their lowest in nearly two weeks, as the US faced opposition from Russia on a military strike against Syria, eroding demand for gold ...
Tags: Gold futures, Mineral