Oil prices gained Wednesday as U. S. crude inventories decreased last week. Energy Information Administration said Wednesday crude supplies shrank 200,000 barrels to 360 million barrels for the week ending Sept 6. Gasoline supplies rose ...
Tags: Oil, Metallurgy, Mineral, Energy
Dell founder Michael Dell and investor Silver Lake Management have had their proposed $24.9bn buyout of ailing PC maker Dell approved by holders of the voting shares. The buyout, which is the largest of its kind since 2007, has been ...
Tags: DELL, software, Computer Products
FTR Associates' Shippers Conditions Index (SCI) dropped slightly in June. That change, FTR said, is reflective of a relatively weak freight environment offsetting increased capacity constraints. It also doesn't reflect the new ...
Tags: Transportation, Auto Parts, Accessories
Taiwan's steel producer China Steel Corp. (CSC) has decided to bring forward maintenance work on its largest blast furnace to September 1st. Originally, the planned maintenance was for end of last year, but in June last year, the ...
Tags: Construction&Decoration, Taiwan, CSC
WASHINGTON — The U.S. Department of Commerce has announced it will postpone issuing final duty rates on Chinese-made hardwood and decorative plywood until September. The DOC originally planned to release these final duty rates July ...
Tags: Duty Rate, Hardwood Plywood, DOC
Due to weak market sentiment, Ukrainian pig iron and coke producer Donetsk Iron & Steel Plant (DMZ or Donetskstal) has decided to postpone the launch of its 1.5 million metric tpy capacity electric arc furnace (EAF) again, previously ...
The sudden fall in gold prices recently has proved to be a boon to the jewellers as consumers pan India went on buying spree and as a result jewellery sales saw a huge increase of 40 to 50%, as we normally see during Akshay Tritiya and Dhan ...
Tags: Apparel, Jewellery Industry, Accessories
An elegant flooring adds home resale value and at the same time, secures the home foundation. Selecting a luxuriant flooring that comes under low-budget type is quite challenging for all homeowners. You need to consider certain aspects, ...
Tags: Flooring Alternatives, Flooring
Posco's new No.3 Finex iron making plant at its Pohang works is set to start the major test operations for its output and intends to formally commission in December as per its revised schedule. In mid-April, the company set up electric ...
Tags: PoscoFinex Plant
CIMC Tianda, in which CIMC (SEHK: 0039) holds a 70% stake, will be injected into Pteris Global, for which all parties decided to postpone the agreement signing to July 31 or other dates they agree from planned April 30. Pteris will issue ...
Tags: Service
Samsung Electronics said its Galaxy S3 and Note 2 helped it to defy a shrinking smartphone market in the first quarter, boosting its overall profits by 42% from a year ago. The company said Friday its net profit was a record $6.4 billion ...
Tags: Samsung, Computer Products
A patent that Motorola Mobility used to force Apple to turn off its iCloud push mail service in Germany is likely to be invalid, the Higher Regional Court in Karlsruhe said on Wednesday -- but the ban will not be lifted, a court spokeswoman ...
Tags: Computer Products, software, Motorola
It is reported that ArcelorMittal's new wire rod mill in Ruhrort, Germany has been delayed to the third quarter of this year. Meanwhile, the company has also indicated to invest approximately €130 million for the new plant and it ...
Tags: steel, Wire Rod, Metallurgy, Mineral, Energy
A Motorola Mobility patent that was successfully used to force Apple to turn off its iCloud push email services for users in Germany last year could be invalid, the District Court in Mannheim, Germany, said on Friday. The court said it ...
Tags: apple, Motorola, Computer Products
China-based LDK Solar has announced that due to a temporary cash-flow shortage, the firm was not able to make full payments to the holders of its 4.75% convertible senior notes due 2013 in an aggregate principal amount of US$23.793 million, ...