Gulf Oil Review said that as OPEC members meet in Vienna next week they have good reason to feel satisfied. For the first time in history, the average price of the group's basket of oil has been above USD 100 a barrel for 8 consecutive ...
Tags: Gulf Oil Review, basket of oil, oil price, OPEC
Taipei, Dec. 7, 2012 (CENS)--Hota Industrial Manufacturing Co., Ltd. of Taiwan, a major automotive transmission parts maker, recently said that it has just won two big, long-term orders, including a seven-year order from an Australia-based ...
Tags: Hota Wins Big, Transmission Parts Orders, transmission gears
Investors are betting on a battle for Inmet Mining Corporation to control the coveted Cobre Panama project in Central America. Inmet shares have catapulted 23% in the two tradings sessions since the company disclosed it received and ...
Tags: Inmet Mining, new copper, Panama Canal
Even though sales of some mobile devices are booming,overall confidence in the tech sector continues to erode as economic weakness puts downward pressure on the computer market. The Nasdaq Computer Index slumped Friday afternoon,hitting ...
Tags: Wall Street, Chips, mobile devices, IHS
People Daily Online reported that demand for steel in China is expected to rise 4.1% in 2013, as the nation's economic growth gets back on track. The 2013 China Steel Demand Forecast also predicted a decline in iron ore prices due to ...
Tags: 2013 China Steel Demand, demand for steel, Crude steel output
Cotton Council International(CCI)and Cotton Incorporated,in cooperation with USDA,jointly presented the seventh biennial Sourcing USA Summit in Rancho Palos Verdes,California.The event,held on November 12-16,attracted 400 delegates from 23 ...
Tags: CCI, Cotton, seventh biennial Sourcing USA Summit, event
Building on the successful debut of the inaugural 2012 Global Summit in Bangkok,Cotton International will once again unite the global cotton and textile industries to address the challenges and opportunities facing the full cotton value ...
Tags: cotton value chain, textile, ITMF
November heralds the beginning of price retracing as the winter sets in and 2012 draws to close. Irrespective of some glimmer in HSBC PMI index climbing to 50.4 this week in 13 months fragility of demand and global economy continues to ...
The main factor in determining oil prices next year, whether they will hold near current levels or come off what looks to be the highest ever annual average, will depend on how the economies of the world's main demand centers fare, ...
Tags: Oil Prices, high oil prices, gas
Global thermal coal market undergoes pangs of oversupply and poor demand. 2012 has been game changer with US emerging as potent supplier domestic energy demand being met by shale gas making coal mining redundant. However the vacillating ...
Tags: coal market, coal price, coal export, coal
The U.S.House of Representatives unanimously passed a resolution urging the U.S.government not to give the United Nations'International Telecommunication Union(ITU)control over the Internet. The resolution was adopted by the House on ...
Tags: Internet, ITU, resolution, global Internet free from government control
Tesco is "likely" to quit the US, CEO Philip Clarke admitted today (5 December), after the UK's largest retailer confirmed it is reviewing its options for its Fresh & Easy business in the country. Clarke said Tesco was "considering all ...
Tags: Tesco, quit, hit hard, unprecedented crisis
Clariant, a world leader in specialty chemicals, announced sales of CHF 1.923 billion in the third quarter 2012, up 3% compared to CHF 1.865 billion in the previous-year period. In local currencies, sales were 3% lower. In the third ...
Tags: Specialty chemicals firm, chemicals firm, sales, chemical industry
LyondellBasell Industries announced earnings for the third quarter 2012 of $851 million, or $1.47 per share. Third-quarter 2012 EBITDA was $1,565 million, inclusive of a $71 million reversal of non-cash, lower of cost or market inventory ...
Tags: olefins business, polyolefins business, chemical industry
Gov. Bev Perdue announced that Global Textile Alliance Inc, a leading fabrics manufacturer, will expand its operations in Rockingham County. The company plans to create 55 jobs and invest $7.4 million over the next three years in ...
Tags: textile industry, Fabric Producer, textile market, Textile Alliance