China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...
Tags: steel oversupply, steel
Global gold demand totaled 1,290 mt in the first quarter, up 21% from 1,070 mt a year earlier, as the biggest quarterly inflow into exchange-traded funds since 2009 offset a steep decline in jewelry demand, the World Gold Council said in a ...
Tags: gold demand, gold
Sol Voltaics AB of Lund, Sweden, which provides nanomaterial technology for enhancing solar panels and other products, has raised $17m in a Series C round of equity investment and grant funding, led by new investor Riyadh Valley Company ...
Tags: Solar Cell, solar panels
Toyota has inaugaurated a new $170m engine manufacturing facility in Sao Paulo, Brazil. It is the company's first engine manufacturing plant in Latin America. The new plant, which employs about 320 people, was constructed on a plot of ...
On April 25, 2016, audit team of British vehicle certification authority announced that Yuchai passed COP investigation. This shows that Yuchai manufacture procedure and quality control system totally meet the requirement of EU manufacture ...
Tags: Yuchai, Yuchai Engine
China's smartphone shipments declined 5% on year in the first quarter of 2016, according to Strategy Analytics. About 104.9 million smartphones were shipped to the China market in the first quarter of 2016, down from 109.8 million units ...
Tags: Smartphone, China market, smartphone market
On behalf of the Federal Ministry for Economic Affairs and Enegry (BMWi), the Association of the German Trade Fair Industry (AUMA) and the Association of Steel and Metal Processing Industry (WSM) we would like to bid you a very ...
Tags: Footprints
IATA’s latest quarterly survey of airline CFO and heads of cargo points to further year-on-year gains in profitability during Q1 2016, following a record year in 2015. However, expectations of further gains in profitability over the ...
Tags: passenger volumes, Airlines
Luxembourg-based packaging maker Ardagh has signed an agreement to acquire certain metal beverage can manufacturing facilities in Europe, Brazil and the US from US-based beverage can makers Ball and Rexam for $3.42bn. The deal is a ...
Tags: Beverage Can, metal can
Levi Strauss & Co. elected former CEO of L.L.Bean Inc., Christopher McCormick, to its board of directors, effective April 13, 2016. “As we work to accelerate profitable growth, we are expanding the board's expertise in the fastest ...
Tags: L.L.Bean, Levi Strauss
The Architecture Billings Index reflects consecutive months of increasing demand for design activity at architecture firms. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead ...
Tags: Architecture Billings Index, ABI, Construction activity, AIA
Despite a dip in results during March, the April edition of the Stifel Logistics Confidence Index returned to the trend of month on month improvements seen in January and February. Nonetheless, structural issues within both the air and ...
China collected 2.98 trillion yuan ($458 billion) in taxes in the first quarter of 2016, up 9.8 percent year on year, data from the State Administration of Taxation (SAT) showed on Wednesday. Tax collected from tertiary industry rose 12 ...
Olam International has entered into a $175m five-year loan agreement with IFC, a World Bank Group unit, to fund its working capital and capital expenditure requirements for four of its food processing facilities in Nigeria and India. The ...
Tags: Olam, IFC, Food Processing Facilities
US-based trade organisation the Grocery Manufacturers Association (GMA) and technology company Battelle have partnered to provide a secure, web-based software tool called EMAlert, which allows food manufacturers to review and understand ...
Tags: GMA, Battelle, EMAlert, Food manufactures